ESG UPDATE

forest and land fires

OJK Says Super El Nino Could Increase Bank NPLs

JAKARTA, Jakartaweekly.com–The Indonesia Financial Services Authority, OJK, said that climate risks such as Super El Nino could increase the risk of non-performing loans (NPLs). Head of OJK’s Banking Supervision Executive Dian Ediana Rae explained that the El Nino phenomenon needs to be considered as one of the risks that warrants attention, particularly because it could […]

4 weeks ago

INACA Urges Government to Expedite Forest and Land Fire Response, Here’s Why

JAKARTA, Jakartaweekly.com — The Indonesian National Air Carriers Association (INACA) is concerned that forest and land fires (karhutla) currently occurring across much of Indonesia could disrupt national air connectivity if they are not addressed promptly. INACA Chairman Denon Prawiraatmadja said the association hopes the government can accelerate efforts to tackle forest and land fires across […]

2 months ago