Anggito: Fiscal Stimulus prop 4.3 Percent Economic Growth

- Head of the Department of Finance Fiscal Policy Anggito Abimanyu flushing megatakan fiscal stimulus of Rp 73.3 trillion last year proved to save Indonesia’s economy from the impact of global economic crisis. According to him, if the government does not menerapakan stimulus then in 2009 economic growth will reach only 2.9 percent.
“Since we rolled [...]

First State to issue new equity funds

PT First State Investments Indonesia plans to issue new equity funds this month to strengthen the investment management services and mutual fund products that investment managers.
Managing Director of First State Kusumonegoro Legowo said the move was related to reaching the target fund First State managed to Rp3, 5 trillion this year.
“First State has effectively pocketed [...]

Shares Offer Benakat Prime

PT Benakat Petroleum Energy Tbk (BBP) offers a prime shares earlier this year with a target to raise at least USD 1 trillion. Revenue funds from the sale of shares and warrants will be used for investment and working capital.
PT Benakat Petroleum is an energy company in Indonesia with a focus on increasing value through [...]

BEI Call the Sun Management

Indonesia Stock Exchange (BEI) will call the management of PT Matahari Putra Prima Tbk (MPPA).
This call in connection with the sale agreement the shares of PT Matahari Department Store Tbk (LPPF) to Meadow Asia, last week. “We’ll call them this week,” said Eddy Sugito, Director of Corporate Finance Valuation Exchange, in Jakarta, Tuesday (26/1/2010).
Besides asking [...]