Asset of some Islamic banks grow below 20 percent. (Illustration)

Islamic banking fails to reach target on asset

REPUBLIKA.CO.ID, JAKARTA - Financial Service Authority (OJK) reported  Islamic banking asset only reached 242 trillion IDR compared to minimum target of 257 trillion IDR.  Head of Islamic Banking Department in OJK, Edi Setiadi explained, one of the reasons is the slow down economic condition while the competition among banks in terms of liquidity also tighter. Secondly, banking categorization called BUKU...

Bank Mandiri

Bank Mandiri scored as Indonesian highest brand

REPUBLIKA.CO.ID, JAKARTA - PT Bank Mandiri, one of public banks in Indonesia, reached the highest brand point, which is up to US 1,247 billion dollar, according to a survey company, Brand Finance. Bank Mandiris Corporate Secretary Nixon Napitupulu said on the press statement on the weekend, Brand Finance analyzed the major domestic companies in Indonesia through a brand-strength index and...

Export tax from oil and gas sector contributes the most to the increase of foreign exchange reserves. (Illustration)

Kamis , 09 Jan 2014, 20:56 WIB

Export tax boosts foreign exchange reserves

Some workers sort cabbages for export to Singapore. (file photo)

Kamis , 09 Jan 2014, 17:20 WIB

Export target increases in 2014