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Archives: August, 2007

Our banking have idle cash almost Rp. 96 trilion

Finance Department and Central Bank will be controlling the idle cash has been alocated by Municipal Development Bank (MDB) in Bank Indonesia Certified (BIC). Coordinator of Economic Minister, Boediono said that the controlling process for cash balance has been alocated by government in BIC will be continue everytime (www.bisnis.com). As per government information, in second triwulan [...]

BRI will giving the personal loan facility for our labour in overseas

Bank Rakyat Indonesia (BRI) will be offer an interest rate about 14 percent to giving the personal loan facility for Indonesian labour skilled who has been trained by labour agency and government before running their job activities to the company in overseas. BRI will be partnership with the agency to coordinate this personal loan facility, [...]

The Fed decreasing interest rate become to 5,75%

Subprime mortgage crisis in United State of America (USA) has almost finish for temporary, after the Federal Reserve Bank (The Fed) of USA decreasing interest rate till 50 basis point become to 5,75 percent. But it is not valid for investment fund sector in USA, they still have a problem with this crisis. Mortgage crisis in [...]

INM group will be invest US$ 50 million in Indonesia

Sir Antonio O’ Reily, owner of Independent News & Media (INM) group was interest to invest US$ 50 million for news paper business in Indonesia. He said that until now the INM group has been consider the opportunities and the threatments if running this business in Indonesia (www.kontan-harian.com).  INM group will develop the fabricated infrastructure and [...]

Indonesia must re-negociate the mining agreements

Government of Indonesia must be taking an action to get the maximal profit refer to mining agreement with investor from overseas. Currently, mining investor get more profit than government of Indonesia refer to mining exploitation in here.  Mining investor was realize that they have been exploring resources from our country, and so it should be agree [...]

Earning Before Tax 2007of BUMN will be Rp. 88 billion

Income target of BUMN on 2007, especially in the banking and mining sector has increasing from the targeted before. According to secretary of BUMN minister, Muhammad Said Didu, earning before tax of BUMN to the amount Rp. 88 billion will be realize on this year. In the banking sector, performance of BUMN has been a positive [...]

Capital outflow from foreign investor has been increasing continuously

Currently, capital outflow from foreign investor or more popular with “Hot Money” has been increasing continuously. They are begun to rush theirs money and moving theirs invest from financial market in Indonesia and go to the financial market in overseas. According to Bank Indonesia’s data base for last May 2007, hot money had placed in Certified [...]

BRI will financing credit for apartment ownership

The increasing of property sector, especially for apartment in Indonesia currently makes Bank Rakyat Indonesia (BRI) interest to financing credit for apartment ownership. For this time, BRI just giving the financing to credit for house ownership. For the first time, BRI has joint with Pikko Group to realize their interest to financing the apartment ownership. There [...]

Tight policy of China’s products make Indonesia’s products was prohibited

Tight policy some product of China which containing of dangerous substance like formalin lately has affecting to prohibiting of export product of fish products from Indonesian to China for temporary, because contain of dangerous substance like mercury. This condition make angry our Oceanic Minister, Fredy Numbery, because China’s government action with suddenly without preceded by forewarning [...]

Sriwijaya Air will Invest Rp. 200 milliard to rejuvenate theirs air plane

Sriwijaya Air recently will prepare investment of Rp. 200 milliard in order to their air plane armada rejuvenation.  Currently, 17 unit of air plane was operated by Sriwijaya Air, there are consist of Boeing 737 series 200 and 300 and represent year product output on 1980.  The planning of investment Rp. 200 milliard by Sriwijaya air [...]

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