• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Business News

Latest business breaking news from around the world

  • Home
  • Markets
  • Business
  • Investing
  • Tech
  • Politics

OJK extends loan-restructuring phase for just three sectors

November 28, 2022 by www.thejakartapost.com

Vincent Fabian Thomas (The Jakarta Post)

PREMIUM

Jakarta   ● Mon, November 28, 2022

The Financial Services Authority (OJK) has extended the loan-restructuring program for certain businesses that it believes still require more time to recover from the COVID-19 pandemic and to withstand a global slowdown next year.

Textile and footwear manufacturers; hotels and restaurants; and businesses classed as micro, small and medium enterprises (MSMEs) will be able to avail themselves of the restructuring program for another year, or until March 2024.

Meanwhile, companies outside of those categories will only be able to take advantage of the program until March 2023.

to Read Full Story

SUBSCRIBE NOW Starting from IDR 55,500/month

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters

We accept

Register to read 3 premium articles for free

Already subscribed?

login

Or let Google manage your subscription

  • With system-wide NPAs worse than Pakistan & Botswana, the Indian banking sector is in a mess
  • No Man's Sky ARG 'Waking Titan' enters phase two
  • Destiny 2 Patch Notes (Arc Week Update): Class Changes And Everything New
  • Why I’m worried about Star Trek: Picard
  • Doom 3: Resurrection of Evil Walkthrough
  • Destiny 2 Update 2.2.1 Patch Notes: Arc Super Changes, Drop Rate Tweaks, And New Exotic Catalysts
  • Destiny 2 Update 2.2.1 Patch Notes: Arc Class Changes, Drop Rate Tweaks, And New Exotic Catalysts
  • Carpetright looks to biggest shareholder for £80m sale to stay afloat
  • ESGN Having Financial Difficulties, Unable to Pay Employees
  • The Flare Path: Exit Rows And Brexit Rows
  • The MMOnitor: CCP and Eve
  • RollerCoaster Tycoon World Early Access review
  • The Flare Path: Tiger Feat
  • The Hoyt theory of True Detective season 3 might explain everything
  • Overwatch League teams, structure, schedule and, everything else we know
  • NPD: February sees 34 percent US sales spike
  • 8 things Bumblebee’s John Cena loves, and 1 thing he’s wary of
  • Brexit phrasebook: a guide to the talks' key terms
  • Destiny 2 Weekly Reset for February 20: Nightfall, Raid, Flashpoint, and More
  • Destiny 2 players are running out of things to do, and that's great
OJK extends loan-restructuring phase for just three sectors have 321 words, post on www.thejakartapost.com at November 28, 2022. This is cached page on Business News. If you want remove this page, please contact us.

Filed Under: Business OJK, loan-restructure, COVID-19, recession, loans restructured, bank loan restructures, restructured a loan, restructured auto loan, restructured and rescheduled loans, restructured in loans, restructured loans quora, restructured salary loan, restructured loans under ifrs 9, loan restructuring request letter, loan restructuring what is, undergoing restructuring phase, sss loan restructure online, gsis housing loan restructure 2017, ojk loan to value, restructuring the public sector, phase 9 sector 63 mohali pin code, phase vi sector, financial sector (business transfer and group restructure) act 1999, financial sector (transfer and restructure) act 1999

Primary Sidebar

RSS Recent Stories

  • Army Rangers Shoot and Kill 2 Drug Runners in Chiang Rai
  • Cancer Diagnosis Early Saves Lives
  • 4 Ways To Incorporate Mushrooms Into Your Health Regime
  • Landers to locate in Ayala Land Estates’ three prime sites
  • PSEi again reclaims 7,000 in dizzying end to the week
  • PH garments exporters to make fresh pitch to Japan
  • Food inflation still a problem globally, says UN report
  • Sy, Musk venture to finally offer internet services in PH by March
  • Senate sensitivity to social justice
  • Marcos admin OKs 1st PPP project: P6-B UP-PGH Cancer Center

Sponsored Links

  • How American stocks could continue to climb
  • Which is The Economist’s country of the year for 2021?
  • After a shocker in 2021, where might inflation go in 2022?
  • The hidden costs of cutting Russia off from SWIFT
  • Has the pandemic shown inflation to be a fiscal phenomenon?
Copyright © 2023 Business News. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story