Category: Business

Residents of Oepura Disappointed with the Performance of KPR Companion

Zonalinenews – Kupang. 99 residents of Oepura, Maulafa subdistrict of Kupang of East Nusa Tenggara (NTT), Friday, December 27, 2013, 8:00 pm.     coming...

Layoffs at Newmont to follow export Ban

Zonalinen-Jakarta . Gold miner PT Newmont Nusa Tenggara (NNT) will have to lay off a majority of its workers if the government insists on imposing the ban on exports of...

Acquisition set to boost Pertamina’s earning

Zonalinenews-Jakarta. State-owned oil and gas firm PT Pertamina expects to see double digit growth in its net profit next year partly due to expectations of higher oil...

XL Axiata to seek loans for acquiring Axis

Zonalinenews- Jakarta . Mobile network operator PT XL Axiata (EXCL) is expecting to finalize its acquisition of PT Axis Telekom Indonesia (Axis) by February 2014, which...

Sharia banking to moderately Grow in 2014

Zonalinenws-Jakarta. Bank Indonesia (BI) estimates that the sharia banking industry’s total assets will grow by almost 20 percent to reach Rp 283.57 trillion (US$23.42...

KPK to Charge Atut with Money Laundering

Zonalinenews- Jakarta . The Corruption Eradication Commission (KPK) said on Monday that it would charge Banten Governor Ratu Atut Chosiyah with money laundering after...

Govt Working to limit Impacts of ore Export Ban

Zonalinenews – Jakarta . The government is in the process of formulating a regulation to help cushion the negative impacts of the ban on raw ore exports, slated to...

Surabaya Gearing Up For Rp 8.6 T MRT Project

Zonalinenews-Surabaya. As many as 60 prospective investors have expressed interest in a mass rapid transit (MRT) project worth around Rp 8.6 trillion (US$704 million)...

Waning rupiah not triggered by Fed tapering: BI

Zonalinenews- Jakarta . Bank Indonesia (BI) Governor Agus Martowardojo claimed that the weakening of rupiah, which hit Rp 12,191 per US dollar on Thursday, the lowest...

30 Members of KSP Board Following Competency Test

Zonalinenews – Kupang. Training and financial services cooperative competency test which held in the auditorium of Credit Unions (KSP) of TLM, was attended by 30...