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    Multifinance companies through June recorded financing at IDR212.44 trillion


    Multifinance companies are potentially grows 30% their funding merely to secure financing disbursement as well as automotive market share


    The government is optimistic that this year Indonesia will make it into the top 10 list of countries with the highest foreign direct investments


    Southeast Asian countries can expect more foreign direct investments (FDI) flowing into their country, particularly to their manufacturing sector


    Indonesia makes its way into United Nations Conference on Trade and Development’s (UNCTAD) top 20 list of countries that received the largest foreign direct investments (FDI)

    PT Bank Negara Indonesia Tbk starts fostering trade financing between domestic and Chinese business people, as the bank launched its renovated branch office in Hong Kong


    Indonesia projects its third quarter realization investment to reach Rp 62.5 trillion


    Bank Indonesia yesterday raised its economic growth projection in line with the rising exports and investment to between 6.3% and 6.8%, from an earlier forecast of 6.1%-6.6%


    Japan, South Korea and Taiwan companies are projected to continue their business expansion in industrial areas


    PT Asuransi Jiwa Tugu Mandiri will work on retail market segment starting next year and has plans to build a sharia business unit in 2014


    Bank Indonesia stated that the bank industry’s loan portfolio as of second week of June 2011 is still far from banks’ year-end target


    The net profit of multifinance industry was rising 274% (Rp 3.24 trillion/US$ 379 million) in April 2011

    General insurance and reinsurance companies posted IDR3.05 trillion (29.23%) profit growth last year, led by vehicle and property sectors


    National banks recorded net income at IDR23.94 trillion in the first four months of the year, growing 23.21% compared to the same period in 2010  mostly cause by credit expansion


    The customers for e-money in Indonesia are increasing 161.08% because the business facility offers are more convenience for its users

    Car financing by multi finance companies relatively improved early this month following the recovery in new Japanese-brand car sales and supplies


    Equity and fixed income mutual funds are predicted to keep dominating by 60% of the total managed assets, which may reach IDR222 trillion this year

    The government will launch a fiscal incentive scheme to support the cheap car program for rural areas


    The Hong Kong and Shanghai Banking Corporation Limited (HSBC) committed to encourage Malaysia investment plan due to high business prospect in number of sectors such as plantation, property, and infrastructure


    Equity mutual funds in the first half of the year is predicted to grow by 10% to IDR155 trillion from IDR149 trillion in the last six months of 2010 amid fluctuating stock price.

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