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Archives: November, 2008

BI (Still) Monitoring the Banking Sector

In the global financial crisis now, government which representative by the central bank (BI) still continuously to monitoring and ensuring the condition of banking sector.  The global crisis also will affect the banking industry, especially for fluctuation of  our  currency and interest rates.  The serious influences also will be impact on bank’s capability to provide some credits [...]

Sriwijaya Air Buy 10 Units Boeing

Until the end of 2009 year’s, Sriwijaya Air was planned to increase their aircrafts till 10 units of boeing type.   Beside overseas flight route service, they also will be flight to another route of East of Indonesian.  These boeings type are consists of 737-300, 737-400 and 737-700 series and they will be flight for new routes [...]

GM-Thailand Stop Their Productions

MANAGING Director of PT General Motor Auto World Indonesia (GMAWI), Mukiat Sutikno said that the inquiry of Chevrolet car’s in Indonesia still safe and available for Indonesia market.  As we know that the General Motor Corporation in Thailand (GM-Thailand) as the supplier for Indonesia market will be stop their production for temporary related by the global [...]

Construction projects difficult to gets credit facility

Construction sector was begun difficulty to realize their construction projects at now. As we know that there are so many construction projects has been develop in here, but the financial crisis has making out the banks stop their credit facility for construction projects.  It’s mean that so many construction projects also will be stopping in the [...]

Foreign contractors pending their expansion

Foreign contractors who will be enter to our market for the next of 2010, maybe will pending their expansion, it caused by the global financial crisis at now. Actually, it means that our domestic contractor more have some opportunities to get the foreign contractors market in here.  Project value for construction market has plan around Rp. 150 [...]

Export Companies Needed the Government’s Intervention

Communities of Indonesian Export Company ask the government to stabilize the IDR-currency at level Rp. 9.500 per US dollar. As we know that the depreciation of IDR-currency to US dollars will be influence the business condition become to the worst condition.  To cover this condition, government must be doing some intervention to hedge our domestic economic [...]

Good Performance For Banking Sector

Director of Banking Research at the Central Bank, Halim Alimsyah (08/11/08) said that by fundamentally our banking sector in the financial crisis currently is still shown a good performance and positive influences for our economic condition.  The growth of third party fund at our banking sector currently has shown the new equilibrilium with fund increasing more [...]

Excelcomindo gets loan US$ 140 million

DBS Bank Ltd., Economic Development Canada, Bank of Tokyo-Mitsubishi UJF, and Chinatrust Commercial Bank Ltd. has agree to gave PT Excelcomindo Pratama loan facility to expand their business operations.  This nation’s third largest cellular operator, has signed a US$ 140 million syndicated loan agreement with a group of four bank to provide theirs working capital and [...]

Merger Niaga Bank - Lippo Bank was Complete

Merger process between Malaysia’s Commerce International Merchan Bankers (CIMB) Sdn Bhd Niaga Bank and Lippo Bank has complete. CIMB group now hold a controlling share ownership of 77.75 percent of CIMB Niaga Bank.  After merger, assets of CIMB Niaga Bank is around Rp. 100 trillion (US$ 1 billion) with 650 branch offices in Indonesia and 11,000 [...]

Global Crisis was Reflected by Difficulty to Open the L/C

Global crisis was reflected by difficulty some exportir to open the Letter of Credit (L/C) to United Stated of America (USA) and European market. Almost 50 percent of export contracts from Indonesia especially for long term contract was cancelled by the importir. Head of Indonesian’s Association of Enterpreunership, Sofwan Wanandi, said that the demand from USA and [...]

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