Market and Commercial


Financial Industry harmed? Reported to FSA

JAKARTA– Customers can complain to the Financial Services Authority (FSA) if aggrieved by the financial industry. In addition, the FSA will also provide facilities to the settlement of a dispute with a customer related financial services company. The field of Education and the Commissioner of Consumer Protection Kusumaningtuti Soetiono FSA said the facility’s completion of…


Lucky Cement Indonesia Rp 2.58 T in 6 Months, Up 23%

State-owned cement holding Indonesia Tbk, PT Semen successfully obtained a net profit of Rp 2.58 trillion in the first half of 2013. This profit rose 22.9% over the same period last year. Semen Indonesia President Director Dwi Soetjipto said net profit was supported by the 31.9% increase in revenue to Rp 11.4 trillion. From the…


Adobe’s acquisition of Neolane Rp 5.8 Trillion

Adobe Systems announced the company’s acquisition of Neolane marketing company. The transaction value of U.S. $ 600 million (about USD 5.8 trillion). The marketing company itself only has annual revenues of approximately U.S. $ 60 million (approximately USD 580 billion). “It would make a better leader on Adobe’s digital marketing services and strengthen the Adobe…


Market turnover Toyman Gembrong rose 30 percent during Lebaran

People who thronged Gembrong Toy Market, Jatinegara, East Jakarta bring sustenance to the merchant. Some vendors claim their turnover rise during Lebaran. Herry (48), Kawan Lama toy shop owner, said turnover during Eid can be increased by 30 percent when compared to normal days. “When Eid is a lot of people are looking for a…


Rupiah per U.S. dollar position Rp10.275

Jakarta – The rupiah rose slightly on Wednesday morning at five points to Rp10.275 per U.S. dollar compared to the previous position Rp10.280. “The movement of the exchange rate higher but not significantly, the domestic currency fluctuations it is still in a stable condition,” said the Head of Research Securities Trust Reza Priyambada in Jakarta…


This reason Yusuf Mansur Hotel Business Joint Venture Acquisition

JAKARTA, – Ustaz Yusuf Mansur turns out to have its own reasons for making the business of the Joint Venture Enterprises congregation funds. Even the joint funds can be used to acquire the hotel and turn it into a hotel for pilgrims and Umrah. Chairman of the Joint Venture business owned Enterprises Yusuf Mansur, Arief…


Louisiana’s Industrial Employment Jumped 2.9% over Past Year

For the second year in a row, industrial employment in Louisiana posted a gain, according to the 2013 Louisiana Manufacturers Register®, an industrial directory published annually by Manufacturers’ News, Inc. (MNI) Evanston, IL. MNI reports Louisiana gained 5,685 manufacturing jobs from May 2012 to May 2013, or 2.9% – – more than double the gain MNI reported for…


Earnings Fall 22% Pawnshops Because Kraft

Mortgage PT (Persero) recorded a decrease in net income to Rp 718 billion in the first half of 2013. The number is down about 22% when compared with net income in the same period of the previous year of Rp 929 billion. Profit decline was due to a continued decline in the price of gold…


G-Resources gets Income 98.5 Million U.S. Dollars

JAKARTA – G-Resource, the mining company that manages the Martabe Gold Mine in the District of Batang Toru, North Sumatra province, the company posted revenue during the second quarter of 2013 amounted to 98.5 million U.S. dollars. Acquisition performance was bolstered by gold and silver production. President Director of G-Resources Martabe Gold Mine, Peter Albert,…


Holcim Profit Down 7 Percent

Cement plant Holcim Indonesia posted a profit of Rp 467 billion during the first half of 2013. This figure is down 7 percent compared to net income in the same period a year earlier. In a financial statement released, the cement factory managed to collect revenue to Rp 4.482 trillion. The achievement is obtained from…