by Yohanes Obor | Dec 14, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.4% at 4375 Monday (Dec. 14), but closed off its low as cut losses during afternoon session. The index moved at range of 4393-4374 during the day trading. Asian stocks fell...
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 14, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.9% at 4354 this morning following regional markets. Asian stocks slipped on Monday after Wall Street sank amid plunging crude oil prices, keeping investors on edge ahead...
by Yohanes Obor | Dec 11, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – San-Fransisco-based Uber, the ride-sharing and technology provider, claimed to have invested US$50 million in Indonesia. Uber entered Indonesia since 2014 and targets to partner with 100,000 drivers by 2017. Currently Uber’s drivers...
by Yohanes Obor | Dec 11, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Shares of PT Kino Indonesia Tbk (KINO) gained 1.7% to Rp3865 per share at its trading debut this morning with trading volume of 7.35 million shares. While the market index was in red. KINO is the second largely traded stocks this morning,...