by Yohanes Obor | Dec 14, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The Deposit Insurance Corporation (LPS) recorded third party funds in banks at Rp4,454.9 trillion as of October 2015, declined 2% from previous month, with total 170.28 million accounts. Deposits grew by 4.2%, the highest, which reached...
by Yohanes Obor | Dec 14, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – State infrastructure financing firm PT Indonesia Infrastructure Finance (IIF), targets Rp10 trillion financing in 2016, doubled from Rp5 trillion expected for this year. IIF president director Sukatmo Padmosukarso said in a press statement...
by Yohanes Obor | Dec 8, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Fitch Ratings expects growth in the insurance sector in Indonesia to stabilize in 2016 as economic growth is likely to recover. The agency estimates that Indonesian real GDP growth will improve to 5.3% in 2016 and 5.5% in 2017 from 4.8% in...
by Yohanes Obor | Dec 7, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.29% at 4521, but closed off its high as profit taking hit certain stocks after recent gains. The index peaked at 4553 today. Asian stocks lost much of their gains from the...
by Yohanes Obor | Dec 7, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The government of Indonesia targets to seek loan of Rp605.3 trillion in 2016, of which government bonds accounts for Rp532.4 trillion. Finance Minister Bambang Brodjonegoro said the government sets a budget deficit at Rp273.2 trillion for...
by Yohanes Obor | Dec 4, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Agris Tbk (AGRS) plans to issue 1.27 billion new shares, through preemptive rights scheme, representing 23.8% of its enlarged shares capital. The exercise price is set at Rp100 per share, to raise total proceeds of Rp127 billion....
