Bank deposits hit IDR 8 quadrillion in January 2023
27 Feb 2023 15:41
The total deposits recorded in 106 conventional banks clocked up to IDR 8 quadrillion in January 2023, sliding 2.43% lower than IDR 8.2 quadrillion seen in December 2022.
ADHI secures extra investments for Solo-Yogyakarta Toll Road
27 Feb 2023 15:00
PT Adhi Karya (Persero) Tbk (ADHI) secures domestic investment from the government worth IDR 1.40 trillion to help the company taking on the Solo-Yogyakarta-Kulonprogo Toll Road project.
Eyeing green hydrogen potential, Japan’s Ambassador visited Lahendong
27 Feb 2023 14:02
The Ambassador of Japan to Indonesia, Kanasugi Kenji, reportedly paid a visit to PGE Area of Lahendong, one of the geothermal work areas of PT Pertamina Geothermal Energy Tbk (PGEO) last Sunday (26/2).
BPII cut off investments in BP Singapore
27 Feb 2023 13:37
PT Batavia Prosperindo Internasional Tbk (BPII) will cut off its investments worth USD 28 million, divesting its portion in its subsidiary, Batavia Properity (BP) Pte Ltd, Singapore.
Maximus Insurance to establish sharia unit
27 Feb 2023 13:16
PT Asuransi Maximus Graha Persada Tbk (ASMI) or Maximus Insurance, will spin off a sharia business unit, establishing a sharia insurance company.
Famon Obor Maju to divest 4.72% its portion in Awal Bros Hospital
27 Feb 2023 11:48
PT Famon Obor Maju (FOM) sold off 4.72% of its shares in PT Famon Awal Bros Sedaya Tbk (PRAY), the managing company of Awal Bros Hospital, in a transaction last week (20/2).
Asia Agri to conduct MTO for BEEF’s shares
27 Feb 2023 11:19
After acquiring 31% of PT Estetika Tata Tiara Tbk (BEEF), Asia Agri International Pte Ltd will hold a mandatory tender offer for BEEF’s shares.
Joko Widodo inaugurates Semarang-Demak Toll Road Section 2
27 Feb 2023 10:27
Joko Widodo, President of Indonesia, also known as Jokowi, inaugurated the Semarang-Demak Toll Road Section 2 last Saturday (25/2).
Acset Indonusa to face another loss of IDR 448.91 billion
27 Feb 2023 10:00
PT Acset Indonusa Tbk (ACST), a building construction company under Astra Group, once again recorded a loss of IDR 448.91 billion in 2022.
The Singapore government lost ownership of 5.3 billion GOTO shares
27 Feb 2023 09:40
On Tuesday, February 21, the Singapore government released over 5.3 billion GOTO shares. The Singapore government's ownership of PT GoTo Gojek Tokopedia Tbk fell from 5.81% to 5.36% following the sale of 5,300,070,900 shares of this tech company.
