NNT Share Purchases Leaded by Regional Administration

Saturday, November 28th, 2009

Minister of Energy and Mineral Resources Darwin Saleh said the government has decided that the three regional administrations in West Nusa Tenggara are leaders in the purchase of 14 percent of the divestment shares of PT Newmont Nusa Tenggara. "According to the outcome of a meeting chaired by the Coordinating ...

When It’s Easy to Get Credit Cards in Indonesia

Wednesday, November 11th, 2009

The value of stagnant credit or non-performing loan (NPL) for credit cards is still high. Based on the Indonesian Banking Statistics (SPI), the value of credit card NPL per September 2009 is Rp. 2.95 trillion, or 8.7 percent of the total outstanding credit that reaches Rp 33.63 trillion. Since July ...