|
|
JAKARTA - A banker has predicted that Indonesia`s economy would continue to grow in 2007 following the lowering six times of Bank Indonesia`s reference rate by 250 base points and the active expansion of banking credits to customers. "The sign for improvement in Indonesia`s economy has been seen since the second quarter of this year with the falling of Bank Indonesia`s interest rate and that of the banking credits," Gunawan Geniusahardja, a commissioner of PT PermataBank, said here on Tuesday after presenting a public expose on subbordinate bonds of PermataBank.
He said that the improving economy should be supported by directing state expenditure on the production sector so that the real sector, which so far had been viewed to be stagnant, would develop well. Besides, the government should also develop good investment climate to attract foreign investors into the domestic market, guaranteed security and improve legal certainty.
Gunawan said that the government should be active in seeking foreign investors from Europe and Asia, including China. If the European or Asian investors entered the domestic market the economic growth set by the government at 6.3 percent would be achieved or even surpassed, he said.
He said that even though banks still held themselves from lowering the interest rates of their credits, it did not mean that they did not respond Bank Indonesia`s step to lower its rate. "Banks still wait the appropriate time for lowering the interest rate of their credits," he said.
|
|
|
|
|
|
There are no reactions on this blog entry yet. Be the first one to give a reaction here!
|
|
Log in to write a reaction
|
You are not logged in to the website. You have to be logged in to write a reaction on this blog entry.
· If you already have an account, please login.
· If you have lost your password, please retrieve it.
· If you don't have an account yet, you can create one.
|
|
|
| ABOUT THIS ENTRY |
Add this blog entry to your email, your own blog, MySpace, Facebook, or whatsoever via AddThis:
|
Login if you want to receive emails for reactions on this blog entry. You will receive an update as soon as a reaction on this blog entry is posted.
|
|
Looking for e-tickets for flights in Indonesia? Here's your solution! Order your e-tickets at ticketindonesia.info.
|
| BLOG ARCHIVE |
· 2015, 28 entries
· 2014, 591 entries
· 2013, 750 entries
· 2012, 1061 entries
· 2011, 792 entries
· 2010, 644 entries
· 2009, 916 entries
· 2008, 504 entries
· 2007, 725 entries
· 2006, 1014 entries
· 2005, 723 entries
· 2004, 558 entries
· 2003, 525 entries
· 2002, 375 entries
· 2001, 162 entries
|
| POPULAR TAGS |
Automatically generated every hour
|
| EXCHANGE RATES |
@ 17 May 2018 18:12 CET
|
@ 17 May 2018 21:58 CET
|
@ 15 May 2018 08:42 CET
|
@ 07 May 2018 07:48 CET
|
@ 16 May 2018 09:18 CET
|
@ 17 May 2018 00:46 CET
|
|
| Go to 'exchange rates' |
|
