ANN/THE JAKARTA POST – Businesses have formally requested the government to provide immediate approval for land rights spanning nearly a century, a move driven by the need to secure their investments in Nusantara, the country’s forthcoming capital city. This initiative is seen by experts as indicative of the private sector’s apprehension regarding involvement in a […]
Indonesia’s firms want direct 95-year land rights in Nusantara as uncertainty persists Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
JAKARTA: Major Indonesian banks have see their cost of funds (COF) rise during the first quarter of this year as they strive to maintain public money on balance sheets in a high interest rate environment.