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Bank Reboot

Tigor Siahaan has revitalized the performance of CIMB Niaga bank.When Tigor Siahaan took over as president director of PT CIMB Niaga in June 2015, the bank was under pressure. Indonesia’s GDP growth rate had dropped below 5% that year, hit by the commodity downturn and other factors. The bank had seen net profit for the year drop 82% to Rp 428 billion. The stock had fallen from about Rp 1,200 in May 2013 to just Rp 500 in May 2015—a decline of 58%. Bank CIMB Niaga’s current account and saving account ratio (CASA), a vital funding source, had fallen to
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Ulisari Eslita 5 hours ago . 7 min read
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Marella Putri 5 hours ago . 5 min read
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Ulisari Eslita 5 hours ago . 5 min read

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Business
Suitably Bespoke
Fashion-wise, Joko Widodo (Jokowi) may be the most flexible to be suited up among all of Indonesia’s male presidents. According
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Ulisari Eslita 5 hours ago . 5 min read
Business
Electronic Wizard
Abidin Fan, 55, founder and president director of PT Sat Nusapersada knows his way around well in his maze-like electronic
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Ardian Wibisono 3 months ago . 5 min read
Business
Weathering Market Volatility
Market volatility is back after a relatively subdued 2017 and emerging markets (EM) have not been spared. A resurgent U.S.
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Haryanto Budiman 2018 years ago . 3 min read

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Auto
Mercedes-AMG GT C Review: A Seductive Benz
The Mercedes-AMG GT C is the most powerful yet livable from the AMG GT line upMercedes-Benz continued its heritage of
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Yessar Rosendar 2 days ago . 4 min read
Auto
Striking Expression: Lexus LS 500 Test Drive
The new Lexus LS 500 is more handsome and comfortable than ever before.By Yessar RosendarLast April ForbesLife Indonesia got a
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Yessar Rosendar 3 months ago . 6 min read

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