by Yohanes Obor | Dec 17, 2015 | Featured, Finance, Investments, News
JAKARTA (Yosefardi) – State construction firm targets its profit to grow by 10% in 2016, supported by projects work acceleration which are delayed this year and the government’s infrastructure projects. The carry over projects to next year reaches Rp30...
by Yohanes Obor | Dec 17, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 1.14% at 4534 this morning following regional and global markets. Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates...
by Yohanes Obor | Dec 16, 2015 | Finance, Investments, News
SINGAPORE (Yosefardi) – Japfa Ltd has, through a series of open market transactions, acquired 12.5 million shares of PT Japfa Comfeed Indonesia Tbk (JPFA), boosting its shareholding in JPFA from 57.51% to 57.63%. The aggregate consideration of Rp6.18 billion...
by Yohanes Obor | Dec 16, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.68% at 4483 Wednesday (Dec. 16) following regional markets. Asian markets climbed on Wednesday, taking cues from a strong finish on Wall Street. Major indexes in Australia...
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 16, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.5% to 4432 at early trade this morning but profit taking hit some stocks. Asian markets traded higher on Wednesday, taking cues from a strong finish on Wall Street overnight,...