Domestic ceramic gets ready for global competition
16 Feb 2023 16:59
Securing support from the government, Indonesia’s ceramic industry aims to enter top 5 ceramic manufacturers in the world by 2024.
Vigorously expanding, Champ Resto Indonesia to open 35 new outlets in 2023
16 Feb 2023 15:07
PT Champ Resto Indonesia Tbk (ENAK) aims to establish 35 new outlets for six of its brands in 2023, resuming its expansion plan that has been initiated since last year.
MEGABUILD and Keramika Indonesia 2023 to be held in Senayan
16 Feb 2023 15:06
The 20th MEGABUILD Indonesia and the 9th Keramika Indonesia exhibitions will be held in Jakarta Convention Centre (JCC) in Senayan, Jakarta, from February 23-26, 2023.
Export in January was 6.36% lower than December 2022
16 Feb 2023 15:03
The export value until January 2023 reached USD 22.31 billion, shrinking 6.36% from December 2022 record of USD 28.83 billion.
Nusantara Sawit Sejahtera to offer 3.57 billion shares in IPO
16 Feb 2023 14:49
PT Nusantara Sawit Sejahtera Tbk (NSSS), a palm plantation company with a factory and land in Central Kalimantan, will begin its initial public offering (IPO) by issuing 3.57 billion shares in its debut.
Thomas Irawan Tjahojono now holds 5.08% ownership of Elitery
16 Feb 2023 14:44
JAKARTA - Thomas Irawan Tjahjono, the commissioner of Elitery, or PT Data Sinergitama Jaya Tbk (ELIT), became a new investor in this information technology service provider on Tuesday, February 14. Thomas purchased as many as 103.15 million shares, giving him an immediate 5.08% stake in ELIT.
Foreign buying is slow; foreign net volume is -1.12 billion shares
16 Feb 2023 14:34
JAKARTA - Foreign investor buying of shares was slow on Wednesday, February 15. The total number of shares purchased by foreigners was only 1.53 billion, while the total number of shares sold was 2.66 billion. As a result, the net volume this time was deep at -1,127,72,100 shares. The shares with the highest sales volume, PT GoTo Gojek Tokopedia (GOTO), also had the lowest net volume.
GOTO contributed the most foreign sales, making a negative 789 million in net foreign volume
16 Feb 2023 14:19
JAKARTA - Foreign trade transactions did not appear to be particularly busy on Valentine's Day, Tuesday, February 14. With a net foreign volume of -789,000 shares, the volume of shares purchased by foreigners was around 1.533 billion, while the volume sold touched 2.323 billion pieces.
Iforte obtains IDR 800 billion in loan
16 Feb 2023 12:06
PT Iforte Solusi Infotek, a subsidiary of PT Protelindo, obtained a IDR 800 billion loan from PT Bank CIMB Niaga Tbk (CIMB).
ADMR allocates US$ 90 million capex for metallurgical coal
16 Feb 2023 10:40
PT Adaro Minerals Tbk (ADMR) has allocated capital expenditure (capex) of around US$ 70 million-US$ 90 million this year.