OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
KB Securities Waiting for Approval of Indonesian Brokerage…
KB Securities, the securities arm of the KB Financial Group, is looking for a further push into the Indonesian financial industry as it waits for the regulatory approval of its acquisition of the Indonesian brokerage…
Indonesia and Thailand Introduce QR Codes for Cross-Border…
While each bank and the financial firm is looking for different ways to handle cross-border payments quickly and reliably, Thailand and Indonesia have announced that they are piloting the use of QR codes for cross-border…
BI 7-Day Reverse Repo Rate Held at 6,00%:…
The BI Board of Governors agreed on 24th and 25th April 2019 to hold the BI 7-Day Reverse Repo Rate at 6.00%, while also maintaining the Deposit Facility (DF) and Lending Facility (LF) rates at…
Trade Balance Subject to Global Headwinds in January…
Indonesia’s trade balance recorded a USD1.16 billion deficit in January 2019, up slightly from USD1.03 billion the month earlier. The larger deficit was down to an increase in the oil and gas trade deficit stemming…