• Investment on Bali: 10th in Foreign Direct Investment Ranking

    Bali, the most popular tourist destination in Indonesia (and therefore an important destination for foreign direct investment, or FDI), is optimistic that it will achieve its full-year 2017 investment target. Ida Bagus Made Parwata, Head of Bali's Investment Board (BPMP), said the island targets to see IDR 12.4 trillion (approx. USD $918 million) worth of investment in 2017.

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  • Breaking: Indonesian Shares Close at Record High Beyond 6,000 Level

    Indonesia's benchmark Jakarta Composite Index touched a new all-time record high on Wednesday (25/10). More importantly, the benchmark index passed beyond the psychological boundary of 6,000 points and closed 1.23 percent higher at 6,025.43 points. This great performance was driven by Indonesia's energy and financial stocks.

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  • Credit Growth, Profit & NPL Ratio of Indonesian Banks Improve in Q3

    Several big state-controlled banks in Indonesia posted double-digit profit growth in the third quarter of 2017, extending the positive corporate performance that was posted by these banks in the preceding quarters. This performance comes on the back of sliding reserves in line with rising credit growth, an improvement in the quality of banks' loans and lower non-performing loan (NPL) ratios.

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