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 8, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.6% at 4493 this morning following regional markets. Asian stock markets teetered near their weakest levels in three weeks on Tuesday, as a rout in oil prices to near...
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 7, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.48% at 4530 this morning following regional markets. Asian stocks rose after a U.S. employment report boosted optimism in the world’s largest economy, with Japanese...
by Yohanes Obor | Dec 4, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.64% at 4508 Friday (Dec. 4) following regional markets. Asian shares joined a global markets slump on Friday after the European Central Bank’s stimulus package fell...