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Bank Tabungan Negara
PT Bank Tabungan Negara (Persero) Tbk (lit. "State Savings Bank"), trading as Bank BTN, is an Indonesian commercial bank best known as a mortgage bank, headquartered in Gambir, Jakarta. Founded in 1897 by the government of the Dutch East Indies as a post office savings bank, its products include banks accounts (savings, current, and fixed deposit), loans (personal, business, and mortgage loans—the latter being its most popular offering since its introduction in the 1970s) and Sharia-compliant banking services. History Bank Tabungan Negara was established in 1897 as a postal savings bank under the name Postspaarbank, with its headquarters located in Batavia. During the Japanese occupation of Indonesia, the bank was frozen and replaced with the After the proclamation of Indonesian independence, the bank was taken over by the Indonesian government on 9 February 1950 under the Emergency Law No.9 and renamed Bank Tabungan Pos (Postal Savings Bank). In 1963 the bank's c ...
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Sumitomo Mitsui Banking Corporation
is a Japanese multinational banking and financial services institution headquartered in Yurakucho, Chiyoda, Tokyo, Japan. The group operates in retail, corporate, and investment banking segment worldwide. It provides financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities. Since 2011, it has been included into the Financial Stability Board's list of global systemically important banks. SMBC group operates in over 40 countries and maintains a presence in all International Financial Centres as the 12th biggest bank in the world by total assets. It is one of the largest global financial institutions in project finance space by total loan value. As of May 2020, SMBC group is listed as 80th largest public company in the world according to Forbes ranking. It is the second largest banking institution by total assets and market capitalization in Japan ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Kalimantan
Kalimantan () is the Indonesian portion of the island of Borneo. It constitutes 73% of the island's area. The non-Indonesian parts of Borneo are Brunei and East Malaysia. In Indonesia, "Kalimantan" refers to the whole island of Borneo. In 2019, President of Indonesia Joko Widodo proposed that Capital of Indonesia, Indonesia's capital be moved to Kalimantan, and in January 2022 Indonesian legislature approved the proposal. The shift is expected to take up to 10 years. Etymology The name ''Kalimantan'' is derived from the Sanskrit word ''Kalamanthana'', which means "burning weather island", or island with a very hot temperature, referring to its hot and humid tropical climate. It consists of the two words ''Kāla (time), kal[a]'' ("time, season, period") and ''manthan[a]'' ("boiling, churning, burning"). The indigenous people of the eastern region of Borneo referred to their island as ''Pulu K'lemantan'' or "Kalimantan" when the sixteenth century Portuguese explorer Jorge de Meneze ...
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Lesser Sunda Islands
The Lesser Sunda Islands or nowadays known as Nusa Tenggara Islands ( id, Kepulauan Nusa Tenggara, formerly ) are an archipelago in Maritime Southeast Asia, north of Australia. Together with the Greater Sunda Islands to the west they make up the Sunda Islands. The islands are part of a volcanic arc, the Sunda Arc, formed by subduction along the Sunda Trench in the Java Sea. A bit more than 20 million people live on the islands. Etymologically, Nusa Tenggara means "Southeast Islands" from the words of ''nusa'' which means 'island' from Old Javanese language and ''tenggara'' means 'southeast'. The main Lesser Sunda Islands are, from west to east: Bali, Lombok, Sumbawa, Flores, Sumba, Savu, Rote, Timor, Atauro, Alor archipelago, Barat Daya Islands, and Tanimbar Islands. Geology The Lesser Sunda Islands consist of two geologically distinct archipelagos.Audley-Charles, M.G. (1987) "Dispersal of Gondwanaland: relevance to evolution of the Angiosperms" ''In'': Whitmore, T.C. ( ...
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Java
Java (; id, Jawa, ; jv, ꦗꦮ; su, ) is one of the Greater Sunda Islands in Indonesia. It is bordered by the Indian Ocean to the south and the Java Sea to the north. With a population of 151.6 million people, Java is the world's List of islands by population, most populous island, home to approximately 56% of the Demographics of Indonesia, Indonesian population. Indonesia's capital city, Jakarta, is on Java's northwestern coast. Many of the best known events in Indonesian history took place on Java. It was the centre of powerful Hindu-Buddhist empires, the Islamic sultanates, and the core of the colonial Dutch East Indies. Java was also the center of the History of Indonesia, Indonesian struggle for independence during the 1930s and 1940s. Java dominates Indonesia politically, economically and culturally. Four of Indonesia's eight UNESCO world heritage sites are located in Java: Ujung Kulon National Park, Borobudur Temple, Prambanan Temple, and Sangiran Early Man Site. ...
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Sumatra
Sumatra is one of the Sunda Islands of western Indonesia. It is the largest island that is fully within Indonesian territory, as well as the sixth-largest island in the world at 473,481 km2 (182,812 mi.2), not including adjacent islands such as the Simeulue, Nias, Mentawai, Enggano, Riau Islands, Bangka Belitung and Krakatoa archipelago. Sumatra is an elongated landmass spanning a diagonal northwest–southeast axis. The Indian Ocean borders the northwest, west, and southwest coasts of Sumatra, with the island chain of Simeulue, Nias, Mentawai, and Enggano off the western coast. In the northeast, the narrow Strait of Malacca separates the island from the Malay Peninsula, which is an extension of the Eurasian continent. In the southeast, the narrow Sunda Strait, containing the Krakatoa Archipelago, separates Sumatra from Java. The northern tip of Sumatra is near the Andaman Islands, while off the southeastern coast lie the islands of Bangka and Belitung, Karim ...
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CIMB Group
CIMB Group Holdings Berhad () is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region. The group operates under several entities, which include CIMB Investment Bank, CIMB Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International and CIMB Thai. The group's business activities are primarily in the areas of Consumer Banking, Wholesale Banking, comprising Investment Banking and Corporate Banking, Treasury & Markets, and Group Strategy & Strategic Investments, with its core markets being Malaysia, Indonesia, Singapore and Thailand. CIMB Islamic operates in parallel with these businesses, in line with the group's dual banking model. The group has around 33,000 employees in 18 countries, covering ASEAN and major global financial centres, as well as countries in which its customers have significant busin ...
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ANTARA News
Antara is an Indonesian news agency organized as a statutory corporation. It is the country's national news agency, supplying news reports to many domestic media organizations. It is the only organization authorized to distribute news materials created by foreign news agencies. The news agency was founded in 1937, when the country was still a colony in the Dutch Empire, by independence activists dissatisfied with the lack of local coverage by the Dutch-owned Aneta news agency. Antara's operation was absorbed into the Dōmei Tsushin news network following invasion by the Japanese in 1942. Its staff played a key role in the broadcast of Indonesia's proclamation of independence and assumed control of the Dōmei facilities in the region at the end of the war. The agency remained under private management until it was placed under the control of the presidency in the 1960s when the government shifted its focus from decolonization to nation-building. Antara became an institution ...
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Indonesia Stock Exchange
Indonesia Stock Exchange (IDX) ( id, Bursa Efek Indonesia, formerly nl, Vereniging voor de Effectenhandel) is a stock exchange based in Jakarta, Indonesia. It was previously known as the Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with the Surabaya Stock Exchange (SSX). During recent years, Indonesia Stock Exchange sees fastest membership growth in Asia. As of September 2021, the Indonesia Stock Exchange had 750 listed companies, and total stock investors were about 6.4 million, compared to 2.5 million at the end of 2019. Indonesia Market Capitalization accounted for 45.2% of its nominal GDP in December 2020. The current location of the Indonesian Stock Exchange is located in the IDX building in the Sudirman Central Business District, South Jakarta, close to Pacific Place Jakarta. History Colonial Era Historically, the capital market has existed long before Indonesia's independence. Since the new era of Dutch East Indies government they began ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Nihon-shiki
Nihon-shiki ( ja, 日本式ローマ字, "Japan-style," romanized as ''Nihonsiki'' in the system itself), is a romanization system for transliterating the Japanese language into the Latin alphabet. Among the major romanization systems for Japanese, it is the most regular one and has an almost one-to-one relation to the kana writing system. History It was invented by physicist Aikitsu Tanakadate (田中館 愛橘) in 1885,Gottlieb, p. 78 with the intention to replace the Hepburn system of romanization.Kent, et al. "Oriental Literature and Bibliography." p155 Tanakadate's intention was to replace the traditional kanji and kana system of writing Japanese completely by a romanized system, which he felt would make it easier for Japan to compete with Western countries. Since the system was intended for Japanese people to use to write their own language, it is much more regular than Hepburn romanization, and unlike Hepburn's system, it makes no effort to make itself easier to pronou ...
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Japanese Occupation Of The Dutch East Indies
The Empire of Japan occupied the Dutch East Indies (now Indonesia) during World War II from March 1942 until after the end of the war in September 1945. It was one of the most crucial and important periods in modern Indonesian history. In May 1940, Germany occupied the Netherlands, and martial law was declared in the Dutch East Indies. Following the failure of negotiations between the Dutch authorities and the Japanese, Japanese assets in the archipelago were frozen. The Dutch declared war on Japan following the 7 December 1941 Attack on Pearl Harbor. The Japanese invasion of the Dutch East Indies began on 10 January 1942, and the Imperial Japanese Army overran the entire colony in less than three months. The Dutch surrendered on 8 March. Initially, most Indonesians welcomed the Japanese as liberators from their Dutch colonial masters. The sentiment changed, however, as between 4 and 10 million Indonesians were recruited as forced labourers ('' romusha'') on economic deve ...
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