by Yohanes Obor | Aug 22, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The central bank, Bank Indonesia (BI), decided Friday last week to hold the BI 7-Day Reverse Repo Rate (BI 7-Day RR Rate) at 5.25%, with the Deposit Facility rate held at 4.50%, while lowering the Lending Facility 100 bps to 6.00%. As...
by Yohanes Obor | Aug 18, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – Property developer PT Intiland Development Tbk (DILD) prepares three projects worth Rp4 trillion to become the underlying assets for issuing real estate investment fund (DIRE). The said projects are Tower Jakarta, Tower Surabaya and South...
by Yohanes Obor | Aug 18, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Multifinance industry booked net profit of Rp5.45 trillion in first half of 2016, declined 3.71% from Rp5.66 trillion in the corresponding period of 2015. The Financial Services Authority (OJK) reported multifinance’s financing...
by Yohanes Obor | Aug 18, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – Industrial estate developer Surya Semesta Internusa (SSIA) is seeking strategic partner for developing office, apartment, and hotel projects worth Rp5.5 trillion. The first phase of development (Rp1.5 trillion value) is set for 2017. SSIA...
by Yohanes Obor | Aug 18, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Citibank N.A Indonesia booked net profit of Rp1.2 trillion in first half of 2016, grew by 55% from Rp777 billion in the corresponding period of 2015. Net interest income rose 15% to Rp2 trillion. Net interest margin (NIM) increased to 6.05%...
by Yohanes Obor | Aug 15, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – State port management PT Pelabuhan Indonesia (Pelindo) I mulls to issue limited-placed mutual funds (RDPT), targeting to raise Rp4.6 trillion. The issue will be conducted in gradual. This RDPT issue aims to absorb the potential repatriated...
