Category Archives: Market and Commercial

Thrift TP PKK, Give Subsidies USD 40.9 million

Face widths, Fueling Team Empowerment and Family Welfare (PKK) Purbalingga held a bazaar. This time it was held in the village of Losari District Apex court over two days, Tuesday – Wednesday (30-31/7). Chairman PKK Purbalingga, Sudarli Sudjatmoko Heru said the activity is a concern held by the PKK against cheap basic food needs for […]

Taxi Express Raup Rp 60 Billion Profit, Grow 54%

Is ground transportation services brand Express, Express Transindo Main Tbk PT (TAXI) earned a net profit of Rp 60.5 billion. The amount of net income increased 54% when compared to net income in the same period in 2012 amounting to Rp 39 billion. This achievement exceeded the company’s target of Rp 59 billion. The rise […]

Astra International reported net profit of Rp 8, 8 trillion

PT Astra International Tbk (ASII) posted a net profit of Rp 8, 8 trillion in the first semester of 2013, down nine percent compared to the same period in 2012 Rp9, 7 trillion. “The performance of the company and its subsidiaries in the first semester of 2013 showed a slight decrease compared to the first […]

Charlotte-area home prices rise 7.1% in May

Charlotte-area yearly home price gains slowed in May for the first time in 11 months – a sign that the local housing market might be cooling off. The closely watched Standard & Poor’s Case-Shiller indexes, released Tuesday, showed prices of existing Charlotte homes increased 7.1 percent from a year ago, down from April’s year-over-year increase […]

Jump 25%, BCA Bag Rp 2.9 Trillion Profit

PT Bank Central Asia Tbk (BCA) bagged the first quarter 2013 net profit of Rp 2.9 trillion. That figure is up 25.5% from the previous year’s net profit of only Rp 2.3 trillion. Rising corporate profits driven by operating income consists of net interest income and other operating income also rose 23% to Rp 7.7 […]

Mestika Bank Shutter Credit Distributes Rp 5.9 Trillion in 2013

Tbk PT Bank Mestika Dharma targets loan portfolio to Rp 5.94 trillion in the year 2013. As many as 30% of the total loan will be disbursed to Small and Medium Enterprises (SMEs) who are so focused the company’s business. Director of Bank Mestika Dharma Achmad S. Kartasasmita said, until the end of December 2012 […]

Minister of Industry: Industrial Investment Prospects Promising

JAKARTA,- Menteri Perindustrian RI MS Hidayat menilai prospek investasi di sektor industri akan sangat menjanjikan. Hal ini dilihat baik dari Penanaman Modal Dalam Negeri (PMDN) maupun Penanaman Modal Asing (PMA). “Prospek investasi, khususnya di sektor industri baik PMDN maupun PMA ke depan sangat menjanjikan,” kata Hidayat dalam siaran pers di Jakarta, Rabu (31/7/2013). Hidayat mengatakan, sebagai […]

CIMB Niaga Net Income Reaches Rp 1 Trillion, Grow 12%

PT Bank CIMB Niaga Tbk recorded a consolidated net profit (unaudited) of Rp 1.05 trillion as of March 31, 2013, an increase of 12% compared to the net income in the same period in 2012 amounting to Rp 937 billion. This results in a net profit growth of earnings per share (EPS) amounted to USD […]

CIMB Group Raup RM 4.35 Billion Profit for 2012

CIMB Group Holding Berhad announced a net profit of RM 4.35 billion in fiscal year 2012. This figure is up 7.8% over the same period the previous year. “We return a high profit for FY12 because almost all business units to increase revenue numbers,” said Group Chief Executive, CIMB Group, Dato Nazir Razak in Kuala […]

University Of Bergamo Study Finds Over 75% Of Home Exchangers Agree “Most People Trustworthy”

For the first time, a detailed profile is available of the expanding demographic of home exchange travelers. The survey finds that the industry itself is making a deep impact on society. According to the researchers, “people are turning more and more to models of consumption that emphasize community over selfishness,” and home exchange “may help […]