Feb 5, 2016 | Industries, Market, News Group
Finance Minister Bambang Brodjonegoro told the Chief Editors Forum on Thursday (Feb. 4) that the government was optimistic that Indonesia would achieve 5.1-5.3% economic growth this year, better than below 5% growth last year though challenges persist. Minister...
Feb 4, 2016 | Industries, Law, News Group
The negotiation process for the period of Suspension of Debts Payment (PKPU) of Niko Resources Limited (TSX: NKO) has started. The creditors are said to have held the first meeting on February 1, 2016, but NKO representatives did not attend the meeting in question....
Feb 4, 2016 | Industries, Politics
On February 2, 2016 the Ministry of Transportation, via the Directorate General of Civil Aviation (Ditjen Hubud) filed a report to the National Police’s Criminal Investigation Unit (Bareskrim Polri) for alleged falsification of documents committed by PT Airfast...
Feb 4, 2016 | Industries, Market, News Group
Asian shares rebounded on Thursday after speculation that the U.S. Federal Reserve might opt not to raise interest rates at all this year hammered the dollar and sparked a huge rally in oil prices, Reuters reported. Japanese investors, however, seemed unhappy with the...
Feb 4, 2016 | Industries, Market
PT Bank Rakyat Indonesia (BRI) Tbk (BBRI) booked audited consolidated net profit of 25.41 trillion in 2015, grew by 4.9% from Rp24.23 trillion in 2014. Net interest income rose 13.3% to Rp58.28 trillion, while provision (of loan) jumped 55.6% to Rp8.9 trillion. For...
Feb 4, 2016 | Industries, Market, Reviews
China, the world’s largest country by population, is the single largest producer of crude steel with almost half of the world’s total output. India, the second largest by population, has taken over the third spot from United States. Indonesia, the fourth...
Feb 3, 2016 | Industries, Profiles
When compared to other companies offering ride-hailing applications like Uber of Uber Inc, and Go-Jek of PT Go-Jek Indonesia, GrabTaxi have enjoyed a relatively quiet operations in Indonesia. Uber has had to play cat and mouse with local government authorities for...
Feb 3, 2016 | Industries, News Group
The Government of Indonesia issued the mineral export ban in January 14, 2014, all mining companies are required to build a smelting facility in country. But since then, exception were made for big companies like PT Freeport Indonesia and PT Newmont Nusa Tenggara...
Feb 3, 2016 | Industries, Market, News Group
PT Bank OCBC NISP Tbk (NISP) posted 12.66% growth in net profit to Rp1.5 trillion in 2015, compared to Rp1.33 trillion profit in 2014. Net interest income also rose 18% to Rp4.42 trillion from previous Rp3.74 trillion. Net interest margin (NIM) was 4.07%. NISP total...
