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BNGA: WeChat Pay Start Operates January 2020

By administrator | January 3, 2020 | Finance.

BNGA: WeChat Pay Start Operates January 2020. WeChat Pay immediately operates in Indonesia, having a cooperation with Bank CIMB Niaga, Tbk (BNGA IJ). As one of BUKU 4 category Bank, BNGA has receive approval for WeChat Pay to start operation January.

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Lower Bank Net Interest Margin

By administrator | August 23, 2020 | Finance.

Lower Bank Net Interest Margin. The Covid-19 pandemic has hit the performance of the first semester of 2020 banking in Indonesia. All large banks experience a decrease in net profit. Due to the decline in their net interest margin (NIM). NIM is getting erode amidst the focus of banking. On saving debtors so that they.

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Tiphone Selective Default

By administrator | June 10, 2020 | Trade Services.

Tiphone Selective Default. The cellular vouchers distributor company Tiphone Mobile Indonesia Tbk (TELE IJ) fail to pay interest on a bank syndicate loan. That matures in March 2020. That is why, the Indonesia Credit Rating Agency (Pefindo) downgraded Tiphone. From BB+ to Selective Default. Based on Pefindo, Tiphone has a syndicate loan from Standard Chartered.

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Bayan Resources Stop Operations of Three Subsidiaries

By administrator | May 29, 2020 | Mining.

Bayan Resources Stop Operations of Three Subsidiaries. Coal mining companies cannot be separated from the impact of the Covid-19 pandemic. One of them is experience by Bayan Resources Tbk (BYAN IJ), which had to stop the operations of its subsidiary entities. A number of BYAN subsidiaries which temporarily halt production operations are Bara Tabang locate.

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Bank Tabungan Negara Net Profit Declines 26.79%

By administrator | May 16, 2020 | Finance.

One of SOE, Bank Tabungan Negara Net Profit Declines 26.79%. Throughout 1Q20, Bank Tabungan Negara Tbk (BBTN IJ) recorded pressure on performance. BBTN profit recorded a decrease of 36.79% YoY from IDR 723 billion in 1Q19 to IDR 457 billion. Demand for non-subsidized mortgage loans (KPR) which has been sloping since the end of last.

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Pakuwon Jati Cuts Marketing Sales

By administrator | May 14, 2020 | Property Real Estate.

Pakuwon Jati Cuts Marketing Sales. Economic pressure due to the COVID-19 global pandemic was also felt by property companies such as, Pakuwon Jati Tbk (PWON IJ). Director of Pakuwon Jati, Ivy Wong, said that the number of coronavirus patients, which is still increasing and the implementation of large-scale social restrictions (PSBB), complicates the current condition.

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Bank Tabungan Negara Mortgage Strategy

By administrator | May 1, 2020 | Property Real Estate.

Bank Tabungan Negara Mortgage Strategy. The Coronavirus COVID-19 global pandemic that has hit Indonesia. Since last March has put pressure on many businesses, one of which is.

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IMPC Strengthens Local Markets

By administrator | April 15, 2020 | Misc Industry.

As well as, IMPC Strengthens Local Markets. The producer and distributor of building materials, Impack Pratama Industri Tbk (IMPC IJ), is still optimistic that it will pursue its sales growth target to double digits this.

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Hantavirus as a Coronavirus 2.0

By administrator | March 25, 2020 | Finance.

Hantavirus as a Coronavirus 2.0. A man reportedly die of a hantavirus infection brought by rats in China. This incident trigger a completely unfounded hysteria or fright about the pandemic Coronavirus 2.0 on social media. The Global Times, a China government control publication, wrote a tweet about the death case on Monday.

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Toll Road Traffic and Coronavirus Outbreak

By administrator | March 22, 2020 | Infrastructure Transportation.

Toll Road Traffic and Coronavirus Outbreak. The attempt to minimize the spread of a Coronavirus COVID-19 impacts the decrease in traffic on the toll roads owned by Jasa Marga (Persero) Tbk (JSMR IJ). Jasa Marga noticed, a decrease in the number of vehicles that passed since.

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