by Yohanes Obor | Dec 15, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Indonesian electronics leader Halo Robotics has signed a distribution agreement with 3DRobotics (3DR) to distribute Solo — the world’s first smart drone — which makes its debut in Jakarta Monday (Dec. 14). After...
by Yohanes Obor | Dec 15, 2015 | Finance, Markets, News
FLORIDA (Yosefardi) – The Templeton Global Income Fund invested 5.3% of its total net assets (US$991.72 million) in Indonesia as of November 30, 2015. Investment in fixed income accounted for 76.4% while the rest invested in cash and other assets. In Asia, Templeton...
by Yohanes Obor | Dec 15, 2015 | Finance, Indonesia Finance, News
PADANG (Yosefardi) – Regional bank PT Bank Pembangunan Daerah (BPD) Sumatra Barat, or Bank Nagari, plans to issue Islamic bonds (Sukuk Mudharabah II) worth Rp100 billion, to fund its expansion next year, Bisnis.com reported. The sukuk will have tenor of 5 years...
by Yohanes Obor | Dec 15, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened flat this morning, only inched up 0.03% at 4375. The rupiah weakened 0.4% to Rp14,065 against the US dollar. Asian shares steadied in cautious early trade on Tuesday, as investors...
by Yohanes Obor | Dec 14, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.4% at 4375 Monday (Dec. 14), but closed off its low as cut losses during afternoon session. The index moved at range of 4393-4374 during the day trading. Asian stocks fell...
by Yohanes Obor | Dec 14, 2015 | Industries, News, Transportation
HONG KONG (Yosefardi) – Cathay Pacific and Dragonair carried a total of 2,778,590 passengers in October 2015, an increase of 8.1% compared to November 2014. The passenger load factor grew by 4.5 percentage points to 84.9% while capacity, measured in available seat...
by Yohanes Obor | Dec 14, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The Deposit Insurance Corporation (LPS) recorded third party funds in banks at Rp4,454.9 trillion as of October 2015, declined 2% from previous month, with total 170.28 million accounts. Deposits grew by 4.2%, the highest, which reached...
by Yohanes Obor | Dec 14, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – State infrastructure financing firm PT Indonesia Infrastructure Finance (IIF), targets Rp10 trillion financing in 2016, doubled from Rp5 trillion expected for this year. IIF president director Sukatmo Padmosukarso said in a press statement...
by Yohanes Obor | Dec 14, 2015 | Industries, News, Property
SINGAPORE (Yosefardi) – Homegrown real estate crowd-funding company CoAssets Pte Ltd, which was recently listed on the National Stock Exchange of Australia to form CoAssets Limited hosted its first EPIC (Expo for Property, Investing and Crowdfunding) event in...
by Yohanes Obor | Dec 14, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.9% at 4354 this morning following regional markets. Asian stocks slipped on Monday after Wall Street sank amid plunging crude oil prices, keeping investors on edge ahead...