Govt Delays Luxury Tax on Smartphones

JAKARTA (Yosefardi) – Government has decided to delay implementation of luxury tax on smartphones. “I suggest other ministries to review the proposed policy deeply,” said Gita Wirjawan, minister of trade affairs, Thursday (September 12). According to...
Ramayana Advances on Buyback Program

Ramayana Advances on Buyback Program

JAKARTA (Yosefardi) – Shares of retailer Ramayana Lestari (RALS) advanced 0.95% Friday (September 13) as the company kicked off stock buyback program. Ramayana dropped significantly from its peak at Rp1640 to as low as Rp850 before regaining grounds in the past...

Giordano Sales Grows 5%, Profit Slips 3%

HONG KONG (Yosefardi) – Giordano International Ltd booked net profit of HK$340 million in the first half of 2013, slipped 3% from the corresponding period of 2012, but grew 10% excluding non-recurring disposal gains. Sales revenue, meanwhile, grew by 5% to...