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headline-finance
US Ex-Im Bank Approves $1.1b Loan for Lion Air’s Boeing Purchase
(The Insider Stories) – The United States Export-Import Bank announced Wednesday it has approved a final commitment of $1.1 billion to help finance the export of a fleet of Boeing 737-900ER aircraft to Lion Air, a low cost carrier and the biggest private airline in Indonesia. The aircraft with CFM International engines will be delivered Full Article
Surging Data Services Boosts Telkom’s 2012 Earnings
(The Insider Stories) - Indonesia’s biggest telco firm booked saw its 2012 net income surged slightly over 17%, driven by strong growth in its data services. PT Telekomunikasi Indonesia, or Telkom, said on Thursday that its broadband subscribers grew by 82.8% year-on-year and cellular subscribers base increased 16.9% to 125.1 million. That drove 2012 revenue Full Article
Ciputra Development placement at discount
Institutional investor has placed 631.32 million shares in property developer PT Ciputra Development Tbk (CTRA) at Rp750 a share or Rp473.49 billion. According to the offering structure obtained by The Insider Stories today, the investor offered 4.2% of CTRA shares at 3.8%-8,8% discount of yesterday’s closing level at Rp800 a share. Ciputra Development is developer Full Article