by Yohanes Obor | Aug 1, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Economic liquidity, or broad money (M2), expanded at 8.7% (yoy) in June 2016, up from 7.6% (yoy) the month earlier supported by growth of quasi-money component and securities excluding stocks. M2 growth accelerated as banks were more...
by Yohanes Obor | Aug 1, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Bank Muamat, the largest Islamic bank in Indonesia, reported a 71.6% drop in net profit, to Rp30 billion in first half of 2016, compared to Rp106 billion in the corresponding period of 2015. Revenue fell 22.8% to Rp866 billion from previous...
by Yohanes Obor | Aug 1, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange opened higher 1.9% at 5315 this morning. Profit taking afternoon session on Friday last week (July 29) dragged down IDX by 1.57% to close at 5216. Investors (mainly local) sold off shares of...
by Haryanto Suharman | Apr 8, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The administration of President Joko “Jokowi” Widodo is expected to submit a draft of the revision of the 2016 State budget (APBN-P) to the House of Representatives (DPR) on May 17, 2016. The Cabinet Secretary confirmed the schedule to the press...
by Yohanes Obor | Mar 30, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – The Bank of Tokyo-Mitsubishi UFJ, Ltd (Jakarta Branch) booked profit after tax of Rp2.06 trillion in 2015, compared to Rp2.04 Trillion profit in 2014. Net interest income rose 24.7% to Rp3.82 trillion from previous Rp3.06 trillion....
by Bahrul Qamar | Mar 30, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Bank Jasa Jakarta booked net profit of Rp90 billion in 2015, grew by 23.3% from Rp73 billion in 2014. Net interest income rose 20.23% to Rp207 billion from previous Rp172 billion. Operating profit increased 21.7% to Rp118 billion from...