by Yohanes Obor | Aug 19, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Minister of Finance Bambang P.S. Brodjonegoro affirms that for next year (2016), the budget will be focused on regions and the poor. “It’s an affirmation that we will give larger block grant and encourage growth with quality by helping...
by Yohanes Obor | Aug 19, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – In the Draft of Revised State Budget 2016, the government proposed a realistic yet optimistic framework of macro-economic assumptions, Minister of Finance Bambang P.S. Brodjonegoro said. Furthermore, the government will keep the 2016 budget...
by Yohanes Obor | Aug 18, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The rupiah slightly declined (0.02%) to Rp13,825 against the US dollar in early trade this morning. The currency has touched Rp13,840 this morning. The rupiah has fallen 11.6% year to date. Finance Ministry Bambang Brodjonegoro claimed the...
by Yohanes Obor | Aug 14, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – IDS Holdings Ltd, South Korea-based financial service company, is set to acquire PT Nusantara Capital (NC) Securities. Both parties have signed memorandum of understanding (MoU), including the cooperation in technology development, the...
by Haryanto Suharman | Aug 14, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – President Joko “Jokowi” Widodo is expected to read the Indonesia’s Financial Note for the 2016 State Budget draft (RAPBN 2016) in his speech in the plenary session of the House of Representatives (DPR) on Friday (Aug. 14). The President will...
by Yohanes Obor | Aug 13, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Mandiri Tunas Finance (TUFI), subsidiary of PT Bank Mandiri Tbk (BMRI), booked net profit of Rp154 billion in the first half of 2015, grew by 35% from Rp113.30 billion in the corresponding period of 2014. Revenue rose 29.14 to Rp919.44 billion...
