by Yohanes Obor | Jan 13, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – A survey of central bank (Bank Indonesia/BI) indicates that the banking loan will grow by 12% this year. For January-November 2015 period, banking loan only grew by 9.8% year on year. The loan growth this year is inline with expectation of...
by Yohanes Obor | Jan 13, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.9% at 4552 this morning while Asian markets rebounded. Asian shares crept off four-year lows on Wednesday as China’s efforts to stabilise its currency brought a...
by Yohanes Obor | Jan 13, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – The government launches 3-hour licensing services which is the development of the similar program in the second economic policy package last year. Investors are allowed to have this service with two conditions; a minimum investment of Rp100...
by Yohanes Obor | Jan 13, 2016 | Healthcare, Industries, News
JAKARTA (Yosefardi) – Representatives of the Indonesian Pharma Industry declared that the government must offer incentives and widen the door to foreign direct investment in the country’s pharmaceutical industry to reduce dependence on imported raw...
by Yohanes Obor | Jan 12, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.05% at 4512 Tuesday (Jan. 12) while regional markets closed in red zone. Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less...
by Yohanes Obor | Jan 12, 2016 | Industries, News, Transportation
SINGAPORE (Yosefardi) – For the month of December 2015, Tigerair’s operations in Singapore recorded 1.4% yearon-year (y-o-y) decline in traffic to 877.0 million revenue passenger-kilometres (RPK), while capacity decreased by 1.4% to 1,017.9 million available...
by Yohanes Obor | Jan 12, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Amur Finance Company, Inc. (Amur) announced the re-launch of Jakarta-based helicopter operator PT Amur Aviation Indonesia (Amur Aviation Indonesia). Formerly known as PT Unindo Air Charter, Amur Aviation Indonesia will provide helicopter...
by Yohanes Obor | Jan 12, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.8% at 4501 this morning, led by blue chip stocks. Astra Agro rose 1.4%, AKR Corporindo gained 1.38%, Alam Sutera increased 1.53%, Bank Central Asia hiked 1.57%, Bumi...
by Yohanes Obor | Jan 11, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 1.8% at 4465 Monday (Jan. 11) inline with regional markets. China’s stock benchmark plunged more than 5% and other Asian markets fell Monday as Wall Street’s...
by Yohanes Obor | Jan 11, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Oil shipper PT Soechi Lines Tbk (SOCI) allocates capital expenditure (capex) of US$30-50 million for this year, mostly used to fund the purchase of new vessels. Currently SOCI operates 37 units of vessels with total capacity of 1.48 million dead...