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Archives: December, 2007

Inflation for 2007 was increase become to 6,4 percent

Asumption target an economic macros for inflation on this year (2007) which predicted around 6 percent will be not reaching by Goverment of Indonesia. The inflation for this year will be more high than prediction around 0,4 percent. For this year (2007) our inflation has increasing become to 6,4 percent.  The increasing of inflation, caused by [...]

Realtime access with program BIG-eB

Government of Indonesia who representative by Finance Department and Central Bank (BI) has agree to sign and launching the BI Government Electronic Banking (BIG-eB). This agreement has sign by Budi Rahardi (Deputy Governoor of BI) and Herry Purnomo (Director  General of  Treasury Department) in Finance Department’s buiding, Lapangan Banteng, Central Jakarta (Thursday, 27 Dec, 2007).  With [...]

In 2007, 30 Foreign Exchange Trader Non-Banking Closed by BI

30 foreign exchange trader non-banking who doing theirs bussiness in Jakarta, Surabaya, Batam and Banjarmasin was closed by Central Bank (BI).   This regulation has determined by BI cause of most of them has been non-active again to running theirs business and also never give the activity report and financial report who needed by BI to [...]

Electronic product’s growht will be 15% in 2007

Until the end of the year of 2007, electronics market has prediction will be growth to the amount of 15%. This condition is very possible with fact since the first semester the growth of this sector reaching 25%.   As per data from Electronic Marketer Club (EMC), sales in November 2007 has influence significantly and increasing [...]

Banking credit will be growht 24% in 2008

Consolidation of Banking industry in Indonesia has influence our banking performance become to more better than before. Together with the good of financial condition in 2007, our banking performance will be more better for the next year (2008).  The growht of banking credit has prediction will reaching to the amount of 24 percent. It caused by [...]

Three foreign banks interest to financing PLN’s projects

Foreign Banks, consist of Barclays, ABN Amro and Hongkong Shanghai Bank Corporation (HSBC) has interest to financing PT Perusahaan Listrik Negara (PLN) to develop Electic Station by Steam Power in Suralaya and Paiton till 10.000MW with “crash program financing”.  Until the end of this year, PLN still have been negociate with China Banks to realise this [...]

Rp. 150 trillion will be contribute to financing needed in 2008

Association of Indonesia Financing Company (AIFC) has targeting Rp. 150 trillion to contribute their credit facility to the market in 2008. This target amount is equivalent with increasing 15 percent growht’s from the last year (2007). 2007, AIFC has succes to contributing their credit facility Rp. 130 trilion. For 2008, the target not really difficult to [...]

The regulation for IT-system was implemented by Central Bank

The Central Bank of Indonesia has issue the regulation (No. 9/15/PBI/2007) about the implementation of risk magement in information technology system at our public banking. In that regulation, public bank should have some strategic in information technology to support their business plan (www.antara.co.id).  Public bank should be reporting their information technology report within six months after [...]

Mr. Vikram Pandit, new CEO in Citigroup

Citigroup as the second biggest banking in United State of America (USA) have a new person for Chief Executive Officer (CEO), his name is Mr. Vikram Pandit. This replacement refer to resign of Mr. Charles Prince in last month when Citigroup explain to their investor about the loss of investment about 8 – 11 billion [...]

Komatsu will invest US$ 100 million

PT Komatsu Indonesia (the Company) manufactures construction and mining equipment under the global trademark of Komatsu, plans to invest US$100 million over the next three years for expansion and research.   Vice president of Komatsu, Nokiaki Tomimuro said that the additional investment was needed to expand production and strengthen its research activities.   For information, the product [...]

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