by Yohanes Obor | Aug 6, 2015 | Finance, Global Finance, News
TORONTO (Yosefardi) – Sun Life Financial Inc’s reported and operating net income was $161 million for the first six months of 2015, compared to $69 million for the same period last year. Underlying net income was $133 million, compared to $76 million in...
by Yohanes Obor | Jul 6, 2015 | Finance, Global Finance, News
JAKARTA (Yosefardi) – The Bank of Tokyo-Mitsubishi UFJ Ltd mulls to acquire bank in Indonesia, to boost its banking business in the country. The bank has expressed this plan to the Financial Service Authority (OJK). OJK welcomes Japan banks’ interest to...
by Yohanes Obor | Jul 2, 2015 | Finance, Global Finance, News
SINGAPORE (Yosefardi) – LMIRT Management Ltd., as manager of Lippo Malls Indonesia Retail Trust (LMIR Trust) has obtained a S$200 million term loan facility through its wholly-owned subsidiary, LMIRT Capital Pte Ltd (LMIRT Capital). LMIRT Capital has entered...
by Yohanes Obor | Jul 1, 2015 | Finance, Global Finance, News
SEOUL (Yosefardi) – Shinhan Bank, South Korea’s third-largest commercial bank by asset, said Monday that it has concluded a deal to acquire a controlling stake in an Indonesian bank as part of its efforts to beef up its overseas presence, Yonhap reported....
by Yohanes Obor | Jun 26, 2015 | Finance, Global Finance, News
JAKARTA (Yosefardi) – The government of Indonesia allocates Rp3 trillion as capital placement for Asian Infrastructure Investment Bank (AIIB) in 2016, the first phase placement of funds to a multilateral financial entity set with other Asia countries late last...
by Yohanes Obor | Jun 23, 2015 | Finance, Global Finance, News
PHILADELPHIA (Yosefardi) – Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 41.5% of its total portfolio assets in consumers segment in Indonesia as of May 31, 2015. On May 31, 2015, the Fund’s net assets amounted to US$80.3 million and the Fund’s NAV...
