Chairman of Kadin: Interest Rate Increase Not Significant Impact

By : Ridwan And Aldi Firhand. A | Monday, May 21 2018 - 21:09 IWST

Kadin Indonesia
Kadin Indonesia

INDUSTRY.co.id - Jakarta, Businessmen open their vote regarding the decision of Bank Indonesia to hoist interest rate by 25 basis points to 4.5%. The decision was not considered significant.

Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Rosan P. Roeslani said the policy would not have a significant impact if the government did not act quickly respond.

The reason, added Rosan, Fed Fund Rate will also continue to climb throughout this year.

"Yes, because with the existing rate of absorption of the existing loan has not been maximized, so the impact is not great, the government must also act quickly, the fed also will rise again really," Rosan said in Jakarta (21/5/2018).

Rosan said business actors had anticipated the increase in interest so he was sure there would be no shocks with such tightening measures.

"No, it will not be significant in my opinion.The business world has anticipated, it's going up 0.25%, later it will rise again 0.25%," he said.

News Comment

Today's Industry

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok Industry.co.id)

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.

Bawang Merah (Ist)

Senin, 08 Oktober 2018 - 03:00 WIB

Kelompok Tani Sengingi Riau Panen Bawang Merah

Kuantan Singing - Beken Jaya Benai Farmer Group in Kuantan Singingi Regency, Riau Province harvesting shallots up to tens of tons managed on a quarter hectare of land, the results can improve…

Senin, 08 Oktober 2018 - 02:30 WIB

PT Pertamina Lubricants Wins Two TOP CSR 2018 Awards

Jakarta - PT Pertamina Lubricants managed to bring home two awards at the TOP CSR 2018 TOP CSR category on Lubricants Business, namely for the Corporate Social Responsibility (CSR) Enduro Student…

Listrik Ilustrasi

Senin, 08 Oktober 2018 - 02:00 WIB

Electrical System in Central Sulawesi is 75% Normal

Jakarta - Electricity, telecommunications, roads, airports and fuel supply (BBM) infrastructure have begun to recover in areas affected by the earthquake in Central Sulawesi. Assistance from…