Market & Inflation

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...

Bank Jasa Jakarta Posts 23.3% Profit Growth

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...

ICBC Indonesia Posts Profit Rp389 Billion

JAKARTA (Yosefardi) – PT Bank ICBC Indonesia booked profit attributable to equity of Rp389 billion in 2015, grew by 41.63% from Rp274 billion in 2014. Net interest income rose 35.71% to Rp1.06 trillion from previous Rp783 billion. Operating profit increased...

Ramayana Eyes 7-8% Sales Growth

JAKARTA (Yosefardi) – Retailer PT Ramayana Lestari Sentosa Tbk (RALS) targets its sales to grow by 7-8% this year, compared to Rp8 trillion last year. The improving economy and the cooperation with Spar International in developing supemarket would support the...