by Yohanes Obor | Jan 5, 2016 | Finance, Indonesia Finance, News
SINGAPORE (Yosefardi) – LMIRT Management Ltd, as manager of Lippo Malls Indonesia Retail Trust (LMIR Trust), said that LMIR Trust has refinanced the balance of its term loan of SGD200 million. The loan was drawn down on 3 July 2015, by utilizing a 3-year term...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) revealed on Monday (January 4) that December 2015 inflation was 0.96%, compared to 0.21% in November 2015. All 82 cities recorded inflation, highest occurred in Merauke (2.87%) and the lowest occurred in Cirebon...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – President Joko Widodo has issued Presidential Instruction Number 12 of 2015 on the Free Trade Facilities Policy in the country. To the Minister of Finance, the President instructed to compose rules on several things: first, Suspension of...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Indonesia is expected to become the largest digital economic country in Southeast Asia by 2020, where this sector will be one of the major contributors to the national economy. To achieve this goal, the government has launched a program to...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The government and Bank Indonesia (BI) agree on six strategic measures to maintain inflation at around 4% plus minus 1% in 2016. These strategic measures will determine the efforts to bring inflation into decreasing trend to meet the...
by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Central bank (Bank Indonesia/BI) amends the implementation schedule of the national standard for chip technology and online 6-digit PIN for ATM/Debit card transaction. In alignment with the use of the chip, the central bank also increases...