Indonesia import rose 15.84% to USD 18.44 billion
18 Mar 2024 13:54
Statistics Indonesia (BPS) recorded import surge in February 2024 by 15.84% year-on-year (yoy) to USD 18.44 billion from USD 15.91 billion in February 2023.
Profit up by 23%, OCBC NISP to set up dividend IDR 1.65 trillion
18 Mar 2024 13:31
Shareholders of PT Bank OCBC NISP Tbk (NISP) agreed upon the dividend payout ratio of 40.4% for the fiscal year 2023, or equal to IDR 1.65 trillion.
Minister of Finance to report Indonesia Eximbank’s debtors for fraud of IDR 2.5 trillion
18 Mar 2024 13:17
The Minister of Finance, Sri Mulyani, has filed a report of alleged corruption in the form of export fund embezzlement in Indonesia Eximbank (LPEI), which involves 4 companies with outstanding loans of IDR 2.5 trillion.
TPIA to spin-off subsidiary in port business
18 Mar 2024 13:08
PT Chandra Asri Pacific Tbk (TPIA) will separate PT Chandra Pelabuhan Nusantara (CPAT), its business line in the port, harbour, and storage service, from itself.
Paying debts, Waskita Beton Precast to divest assets
18 Mar 2024 11:43
PT Waskita Beton Precast Tbk (WSBP), a construction company owned by the Indonesian government through PT Waskita Karya (Persero) Tbk (WSKT), has auctioned off its assets to pay off debts to creditors.
CFR rating drops, APLN to negotiate on maturing senior notes
18 Mar 2024 11:08
PT Agung Podomoro Land Tbk (APLN) is discussing with notes’ holders regarding the payment of senior notes worth USD 131.96 million, which will mature on June 2, 2024.
Foreign buying and selling volumes are astounding; net foreign volume closed at -351.20 million shares
18 Mar 2024 10:18
On Friday, March 15, foreign buying and selling volumes reached a record-high level of 26 billion shares each. Because foreign selling volume (26.43 billion shares) exceeded foreign buying volume (26.08 billion shares), net foreign volume then closed at -351.20 million shares. The shares purchased in significant numbers belonged to the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), which was purchased for 9.94 billion shares for a net volume of 767.52 million.
Foreign investors buy 1.5 billion Gojek Tokopedia (GOTO) shares; the net foreign volume is 1.19 billion shares
18 Mar 2024 10:10
On Thursday, March 14, foreign investors purchased 1.53 billion shares of PT Gojek Tokopedia Tbk (GOTO) for a net volume of 710.79 million shares. This transaction managed to boost the volume of foreign purchases to 3.73 billion shares. With a foreign sales volume of only about 2.53 billion shares, net foreign volume managed to break into the green zone with 1.19 billion shares.
HMSP saw 28.44% surge in profit to IDR 8.09 trillion
18 Mar 2024 10:00
PT HM Sampoerna Tbk (HMSP) booked revenue of IDR 115.9 trillion in 2023, up 4.29% year-on-year (yoy) from 2022 sales of IDR 111.21 trillion.
BCA Life aims premium income to grow 15% in 2024
15 Mar 2024 17:16
PT Asuransi Jiwa BCA (BCA Life) is targeting premium income growth in 2024 to reach 15%. Last year, BCA Life managed to score income of IDR 1.62 trillion.
