Sunday, 30th August 2015
Business

Mandiri & BRI Bank wait and see before deciding on share buyback

25th August 2015
Two state lenders Mandiri Bank and BRI Bank chose to wait and see before deciding on share buyback plan. Earlier Minister for State Enterprises Rini Soemarno said 16 state companies would buy back their share from the ...
Other Latest News
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    28th August 2015
    Vice President Jusuf Kalla has met with South Korean prime minister and minister of trade and industry with regard to seeking more investment from South Korea. Head of the Investment Coordinating Board Franky Sibarani ...
  • Condition disallows Bank Indonesia to readjust rate
    28th August 2015
    Bank Indonesia said external condition would not allow Bank Indonesia to make readjustment of its benchmark interest rate (BI rate). Governor of the central bank Agus Martowardojo said before making a decision, the bank ...
  • Current account deficit still wide: BI
    28th August 2015
    Bank Indonesia (BI) has admitted that the deficit in primary income transactions is still large due to strong capital outflow caused by loan interest payment, investment profits and repatriation of private profits. The ...
  • Indonesia has potential to lead ASEAN Economic Community: official
    27th August 2015
    Indonesia has the potential to lead the ASEAN Economic Community (AEC), Deputy Chairman of the Indonesian Chamber of Commerce and Industry, Rosan P. Roeslani stated."More than 40 percent of the population of the ASEAN resides in ...
  • Japan proposes conducting second feasibility study on fast train project
    26th August 2015
    Japan has sought the Indonesian governments approval to conduct a second feasibility study for the Jakarta-Bandung high speed train project, a senior official stated. Japan has requested approval to conduct a second ...
  • Japan lobbying President Joko Widodo over fast train project
    26th August 2015
    The Japanese government is lobbying Indonesian President Joko Widodo over the planned construction of Indonesias Jakarta-Bandung fast train project. Japanese Prime Ministers Advisor Izumu Hiroto met President Widodo at ...
  • Economic upheaval to continue until the Fed issues decision
    26th August 2015
    The current global economic upheaval will continue until the US Federal Reserve adjusts its benchmark rate, according to Indonesian Finance Minister Bambang Brodjonegoro. "We will still observe this upheaval until September ...
  • Petrochina finds new oil reserve in Jambi
    26th August 2015
    PetroChina International Jabung Ltd has found new oil reserve in the Jabung block in the regency of Tanjung Jabung Timur of Jambi. Companys Vice President Budi Setiadi said the Panen-3 well turned out 1,849 barrels of oil ...
  • Pertamina, Lamborghini`s joint research unveils new lubricant
    26th August 2015
    The Indonesian state-owned oil and gas enterprise, Pertamina Lubricants, has collaborated with the Lamborghini automotive company to conduct research on lubricants for and high-tech and superfast vehicles. "Pertamina ...
  • BI revises down growth target
    26th August 2015
    Bank Indonesia (BI/the central bank) once again revised down Indonesias economic growth projection to 4.7-5.1 percent this year. "BI estimates that the countrys economic growth in 2015 would be at a range of 4.7 percent ...