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Indonesia residential market to see solid demand in 2024 despite delay to interest rate cuts: analysts

Indonesia residential market to see solid demand in 2024 despite delay to interest rate cuts: analysts
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Bargains Are Hidden in Indonesia's $44 Billion of Distressed Debt

(Bloomberg) Indonesia’s pile of pandemic-related corporate debt is offering some investors the chance to cherry-pick cheap assets before a government… ....

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ID Digest: ALAMI, Modalku post growth in loan disbursement; BTN's VC unit taking shape

ALAMI disbursed $151.89m worth of loans in Q1 2022, up more than 1,000% from the previous quarter.
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BTN posts 671-percent surge in net profit

BTN posts 671-percent surge in net profit
2nd February 2021
BTN acting president director, Nixon Napitupulu.
Our net profit has grown very significantly by 671 percent owing to the downgrade measures taken in 2019. Our profit is Rp1.6 trillion. Jakarta (ANTARA) - State-owned lender Bank Tabungan Negara (BTN) Tbk saw its net profit shoot up 671 percent to Rp1.615 trillion last year as a result of downgrade measures taken a year earlier.

“Our net profit grew very significantly by 671 percent owing to the downgrade measures taken in 2019. Our profit was Rp1.6 trillion,” BTN acting president director Nixon Napitupulu said during a hearing with Commission XI of the House of Representatives (DPR) here on Tuesday. ....

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