by Yohanes Obor | Sep 4, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Life insurance investment returns in the second quarter of 2015 reached Rp710 billion, dropped 103% from Rp20.78 trillion in the same period of 2014, Indonesian Life Insurance Association (AAJI) reported. The drop in capital market...
by Yohanes Obor | Sep 4, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Kesejahteraan Ekonomi reportedly target to raise Rp550-600 billion funds for its planned initial public offering (IPO) scheduled for next year. The bank targets to enter BUKU 2 category with minimum equity of Rp1 trillion in next 2 years....
by Yohanes Obor | Sep 1, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) revealed on Tuesday (September 1) that August 2015 inflation was 0.39%, compared to 0.93% in July 2015. Off 82 cities, 59 cities recorded inflation, highest occurred in Tanjung Pandan (2.29%) and the lowest...
by Bahrul Qamar | Sep 1, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – State-owned PT Bahana Pembinaan Usaha Indonesia (BPUI) booked net profit of Rp78 billion in the first half of 2015, dropped 27.1% from Rp107 billion in the corresponding period of 2014. Net profit margin was 26.4%. Revenues fell 53.5% to Rp295...
by Haryanto Suharman | Aug 31, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – President Joko “Jokowi” Widodo has a luncheon meeting with some economists at the State Palace, Jakarta, Monday (Aug. 31) afternoon. According to Kompas.com, some economists invited are, among others, Djusman Simanjuntak, Tony Prasetiantono,...
by Yohanes Obor | Aug 31, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The Financial Services Authority (OJK) has approved the acquisition of local banks proposed by Shinhan Bank and China Construction Bank (CCB). Shinhan has acquired 40% Metro Express in April 2015 at Rp700 billion value and intends to boost...
