by Yohanes Obor | Jan 5, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – PT Trikomsel Oke Tbk (TRIO) continues to innovate in the world of smartphones by launching Osmo smartphone which is a local production smartphone, in collaboration with the Advan. Osmo smartphone has been sold in OkeShop and Global Teleshop...
by Yohanes Obor | Jan 5, 2016 | Finance, Indonesia Finance, News
SINGAPORE (Yosefardi) – LMIRT Management Ltd, as manager of Lippo Malls Indonesia Retail Trust (LMIR Trust), said that LMIR Trust has refinanced the balance of its term loan of SGD200 million. The loan was drawn down on 3 July 2015, by utilizing a 3-year term...
by Yohanes Obor | Jan 5, 2016 | News, Newsmakers, People
JAKARTA (Yosefardi) – The number of tourist arrivals (tourists) to Indonesia in November 2015 reached 777.5 thousand visits, increase 1.7% compared to the number of foreign tourists in November 2014 (764.5 thousand visits). Similarly, when compared with October...
by Yohanes Obor | Jan 5, 2016 | Finance, Markets, News, Uncategorized
JAKARTA (Yosefardi) – Consumer price index (inflation) in December 2015 was recorded at 0.96% (mtm), up on the previous month due to volatile foods and administered prices, while core inflation remained relatively low. Consequently, annual inflation for 2015...
by Yohanes Obor | Jan 5, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.5% at 4549 this morning after losing 1.46% yesterday. Foreign investors however booked net buy of Rp84.2 billion in local stocks Monday. Asian share markets were on the...
by Yohanes Obor | Jan 4, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 1.46% at 4526 Monday (Jan. 4) following global markets. European shares fell sharply on Monday, the first trading day of 2016, as weak Chinese data weighed on world stock...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) revealed on Monday (January 4) that December 2015 inflation was 0.96%, compared to 0.21% in November 2015. All 82 cities recorded inflation, highest occurred in Merauke (2.87%) and the lowest occurred in Cirebon...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – President Joko Widodo has issued Presidential Instruction Number 12 of 2015 on the Free Trade Facilities Policy in the country. To the Minister of Finance, the President instructed to compose rules on several things: first, Suspension of...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Indonesia is expected to become the largest digital economic country in Southeast Asia by 2020, where this sector will be one of the major contributors to the national economy. To achieve this goal, the government has launched a program to...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The government and Bank Indonesia (BI) agree on six strategic measures to maintain inflation at around 4% plus minus 1% in 2016. These strategic measures will determine the efforts to bring inflation into decreasing trend to meet the...