The Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and the European Free Trade Association (EFTA) officially signed on Dec. 16 in Jakarta, after eight years of discussion. The CEPA negotiation was ...
Read MorePresident Joko Widodo targets, the Trans Sumatra toll road project from Bakauheni in Lampung to Nangroe Aceh Darussalam Province will be connected later in 2024. The projects need costs around Rp13 trillion. Sigli-Banda Aceh...
Read MoreA gauge of global stocks tumbled on Friday last week (Dec. 14) after weak economic data from China and Europe intensified global growth worries as investors weighed the broader impact of the trade dispute between the United States (U.S.) and China, Reuters reported.
Read MoreInvestors invested more in stocks of ceramic producers this year along with the improved prospect of the sector. Shares of Intikeramik Alamsari Industri (IKAI) surged 106% to Rp128 year to date. Arwana Citramulia (ARNA) gained 19.3% to Rp408. Mulia Industrindo (MLIA) jumped 72.5%.
Read MoreQatar National Bank (QNB) Indonesia (BKSW) has on December 13, 2018, sold its non-performing loan (NPL) or low-quality loans, at US$26.4 million, equivalent Rp1.61 trillion value, representing 41.32% of its equity per December 2017 (Rp3.83 trillion). Said NPL was sold to BDFK Limited, an affiliated firm based in the Cayman Islands.
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