by admin | May 14, 2019 | BUSINESS
A panel at the floor trading of Indonesia Stock Exchange building in Jakarta, on Oct. 19, 2015 shows the trading data of stocks and Jakarta Composite Index (JCI) . (JP/Wienda Parwitasari) Indonesian equities slumped Monday, erasing this year’s gains, as foreign funds...
by admin | May 14, 2019 | BUSINESS
Cryptocurrencies are definitely something to watch. (Shutterstock/File) Bitcoin surged to more than $8,000 late on Monday, its highest level since July last year, as the cryptocurrency’s rally gained further momentum. There is no real fundamental...
by admin | May 9, 2019 | MINING,OIL & GAS
An illustration of an oil refinery. (Shutterstock/File)The Indonesian Crude Price (ICP) rose 7.4 percent to US$68.31 a barrel in April from the previous month due to geopolitical issues, including the United States’ tightening sanctions against Iran, according to the...
by admin | May 6, 2019 | BUSINESS
Bank Indonesia Governor Perry Warjiyo (Antara/Puspa Perwitasari) Bank Indonesia has assured that Indonesia’s financial system is in a stable condition, following the global uncertainty in 2018, but the central bank pointed out three risks that could destabilize the...
by admin | Apr 29, 2019 | FINTECH
The Financial Services Authority (OJK) previously said it had blocked hundreds of unlicensed P2P lending websites and applications. However, unlicensed platforms could easily be established, Investment Alert Tax Force chairman Tongam L. Tobing said in Jakarta on...