OJK Urges Banks to Cut Loan Rates

JAKARTA (Yosefardi) – The Financial Service Authority (OJK) urges banks to cut loan rates as BI Rate has been cut to 7.25% in Jan. 14, 2015. OJK Chief Commissioner Muliaman D Hadad said the banks have experienced lower costs of funds and have no problem with the...

RJ Lino Skips KPK’s Call

JAKARTA (Yosefardi) – Richard Joost (RJ) Lino, graft suspect and former President Director of the state port operator PT Pelindo II, failed to answer the call from the Corruption Eradication Commission (KPK) for examination session today (Jan. 29) due to illness....

Jokowi Launches Instagram Account

JAKARTA (Yosefardi) – President Joko “Jokowi” Widodo has officially introduced his personal Instagram account to public. “Many asked and complained about my Instagram account. So, this is my official Instagram account. Here is the address:http://instagram.com/jokowi,”...

IDX Opens Higher 0.2%, Regional Mixed

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.2% at 4613 this morning while regional markets were mixed. Asian shares got off to a tentative start on Friday after oil cobbled together a third session of gains and...