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NEW UPDATES Asean Affairs  28 January  2016  

 BNI to offer Rp 11.5 trillion in micro loans

State-owned lender PT Bank Negara Indonesia (BNI) will make available Rp 11.5 trillion (US$72 million) in its 2016 micro credit (KUK) program, a BNI banker has said.

Credit allocations will be Rp 10 trillion for the retail sector, Rp1 trillion for workers and the remaining Rp 500 billion for micro loans, BNI business banking II director Sutanto said.

"We believe we can achieve the target," said Sutanto in Jakarta on Monday, adding that the bank would need to open at least 100 new outlets nationwide to meet the target.

The 2016 lending target is three times higher than the Rp 3.04 trillion in disbursed loans, most of them for the retail sector, he said.

The government aims to channel up to Rp 120 trillion KUK this year compared to the Rp 30 trillion in targeted loans in 2015.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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