Commercial insurance industry’s assets reach IDR 903.07 trillion
05 Mar 2024 14:26
The Financial Services Authority (OJK) reveals that the assets of commercial insurance industry had reached IDR 903.07 trillion in January 2024.
Indonesia’s economy’s strength still focused in Java and Sumatra
06 Feb 2024 17:00
The economic structure of Indonesia is still heavily concentrated in Java and Sumatra throughout 2023.
Indonesia’s economy grew 5.05% in 2023
06 Feb 2024 15:17
Economy of Indonesia throughout 2023 had grown 5.05%, slowing down from the rate seen in 2022 of 5.31%.
BCA’s profit growth in 2023 slowed down compared to 2022
26 Jan 2024 16:00
Profit growth of PT Bank Central Asia Tbk (BBCA) was seemingly slowing down from 2022 to 2023, despite its net income consistently growing from year to year.
Transforming business, Bank KB Bukopin confident on 15% credit surge in 2024
22 Dec 2023 10:50
PT Bank KB Bukopin Tbk (BBKP), a private bank, now under KB Financial Group from South Korea, aims for new credit growth of 15% in 2024, which will be supported by the wholesale segment and Korean business ecosystem.
Credit up 10.4%, Citi Indonesia doubled its profit in H1 2023
10 Aug 2023 12:18
Citibank N.A. Indonesia or Citi Indonesia recorded net profit of up to IDR 1.2 trillion at the end of the first half of 2023, shifting 54% yer-on-year (yoy), thanks to a surge in its net interest income.
Indonesia economy shifted 5.17% in H1 2023
07 Aug 2023 12:59
The economic growth of Indonesia throughout 2023 has remained stable after the increase recorded in Q2 2023 of 5.17% year-on-year (yoy). It shifted from the same period in 2022 that recorded 5.03% growth.
Economic growth rebounds in 2022
07 Feb 2023 13:53
Economic growth in 2022 was recorded at 5.31%, the highest in the last five years. This achievement accelerated after a deficit of 2.07% in 2020 and recovered to 5.01% in 2021.
IMF to revise its global economic growth, rising to 2.9%
01 Feb 2023 08:04
The global economic challenges are projected to subside as International Monetary Fund (IMF) revises the projection of global economic growth rate in 2023 to 2.9% from the initial 2.7%.
Export market full of opportunities, F&B industry may grow over 5%
30 Jan 2023 05:53
The geopolitical instability post-pandemic leads to bigger opportunities in the export market, thus bringing the estimated growth of food and beverages (F&B) manufacturing industry up by 5% this year.