by Yohanes Obor | Jul 22, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Central Asia Tbk (BBCA) intends to acquire 2 banks this year and opts to control that banks. Jahja Setiaatmadja, BBCA’s president director, said by regulation BCA can not control the one acquired bank as new buyer could only...
by Yohanes Obor | Jul 22, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank MNC Internasional Tbk (BABP), formerly known as PT Bank ICB Bumiputera Tbk, mulls to launch the rights issue program in the fourth quarter of this year, targeting to raise Rp500 billion funds. Currently BABP manages capital of Rp1.3...
by Yohanes Obor | Jul 16, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The government of Indonesia targets tax collection or revenue to reach 52% in the second half of this year, though the tax shortfall is also projected to amount Rp120 trillion. Finance minister Bambang Brodjonegoro said the tax revenue has...
by Yohanes Obor | Jul 16, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – In June, Indonesia Statistics (BPS) released inflation rate at 0.54%. With such calculation, Minister of Finance Bambang P.S. Brodjonegoro predicts inflation rate during Ramadhan and Eid to be lower than the last five years. “But looking at...
by Yohanes Obor | Jul 14, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The Financial Services Authority (OJK) mulls to to ease foreign ownership limits for local Islamic banks. Currently, foreign investors cannot own more than 40% of local Islamic banks. Despite having the world’s largest Muslim population and...
by Yohanes Obor | Jul 14, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – State life insurer PT Jiwasraya booked net profit of Rp200 billion in the first half of 2015 on premium income of Rp4 trillion. The achievement was below the target but Jiwasraya will not revise its target. For this year, the company targets to...
