by Yohanes Obor | Jan 4, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Indonesia’s International Investment Position (IIP) recorded a net liability of US$327.4 billion (37.8% of GDP) at the end of third quarter (Q3/2015), decreased US$41.7 billion (11.3%) from a net liability of US$369.1 billion (41.8% of GDP)...
by Yohanes Obor | Dec 21, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Artos Indonesia Tbk has set its IPO price at Rp120-150 per share, to raise total proceeds of Rp29-36 billion. The bank has in December 14, 2015 kicked off its initial public offering (IPO) for 241.25 million shares, representing 20%...
by Yohanes Obor | Dec 21, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Mandiri Tbk (BMRI) has drawn down US$880 million loan from China Development Bank (CDB), part of US$1 billion loan facility commitment. The loan will be used to fund infrastructure projects. The bank expects the improving economic...
by Yohanes Obor | Dec 16, 2015 | Featured, Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Central bank (Bank Indonesia/BI) signed a bilateral local currency swap agreement with the Reserve Bank of Australia which is effective as of December 15, 2015. The agreement allows for the exchange of local currencies between the two...
by Yohanes Obor | Dec 15, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) announced Tuesday (Dec. 15) that export of tin dropped 74% to US$39.5 million in November 2015, from US$153.1 million in previous month. For January-November 2015 period, export of tin declined 28.5% to...
by Yohanes Obor | Dec 15, 2015 | Finance, Indonesia Finance, News
PADANG (Yosefardi) – Regional bank PT Bank Pembangunan Daerah (BPD) Sumatra Barat, or Bank Nagari, plans to issue Islamic bonds (Sukuk Mudharabah II) worth Rp100 billion, to fund its expansion next year, Bisnis.com reported. The sukuk will have tenor of 5 years...