Many investment managers are troublesome when the government raised the minimum paid up capital limits amounting to Rp 25 billion. Based on data from the Investment Fund Information Center Bapepam-LK, from 90 investment managers who are listed there are 24 that are still under government regulation. Some of them were PT Harvestindo Asset Management, PT [...]
Bapepam-LK Unplug Eurocapital Permits
Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) ultimately revoke the business license third-PT Eurocapital Peregrine Securities, ie, a license as a broker, investment manager and lead underwriter. The decision was contained in the Chairman of Bapepam-LK dated June 10, 2010. In a decision released Monday (6/14/2010), Chairman of Bapepam-LK Fuad Rahmany explained, taken referee [...]
Opened weakening rupiah against the U.S. dollar at 9360 levels
rupiah weakened again against the dollar in trading in the spot market this morning, down 0.50% or Rp47 to Rp9.400 level, increasingly approaching Rp9.500. In the last week, the rupiah closed at Rp9.353 level of U.S. $ 1. Mega Capital Indonesia recorded during the last week the rupiah weakened against the dollar at 9345 levels. [...]
China to Assess Return Currency Yuan
However, Deputy Governor of Central Bank of China, Zhu Min, said that the revaluation will not improve the world trade imbalance. In front of the World Economic Forum in Davos, he said China was trying to increase domestic consumption, but warned some time to ask for China’s increasing spending. Zhu said Beijing has been maintaining [...]
