Inflation to skyrocket in April 2024
11 Jan 2024 10:19
Inflation in April 2024 will soar compared to February and May 2024.
Hermina Hospital will hold MESOP phase I
10 Jan 2024 15:13
PT Medikaloka Hermina Tbk (HEAL), the manager of the Hermina Hospital network, will hold a Management and Employee Stock Option Program (MESOP) starting next week (17-23/1).
Pefindo lowers ZINC rating after default on bond debt
10 Jan 2024 15:12
Pemeringkat Efek Indonesia (Pefindo) has lowered the rating of Bond I Series E 2018 issued by PT Kapuas Prima Coal Tbk (ZINC), following the failure to pay the bond principal amounting to IDR 23 billion
Leadership shifts around the globe, 40 countries to hold elections this year
05 Jan 2024 12:13
At least 40 countries will hold presidential/general election throughout 2024. Fiscal policy of each candidate, such as tax exemption during Donald Trump’s term in the US, may determine the global market reaction.
Debuting on IDX, Asri Karya Lestari is the first listed issuer this year
05 Jan 2024 08:59
PT Asri Karya Lestari Tbk (ASLI) becomes the first company that makes its debut on Indonesia Stock Exchange (IDX) in 2024, after holding its initial public offering (IPO) from December 29, 2023, until January 3, 2024.
Lautan Luas to consolidate water treatment business to Lautan Air Indonesia
05 Jan 2024 08:30
PT Lautan Luas Tbk (LTLS) has consolidated all of its water treatment activities to PT Lautan Air Indonesia (LAI), a subsidiary formerly called PT Pacinesia Chemical Industry.
BI confident CPI to arrive at 2.5% this year
04 Jan 2024 15:37
Bank Indonesia (BI) is optimistic that the inflation of Consumer Price Index (CPI) will arrive at 2.5%-3.5% year-on-year (yoy) this year, following a solid synergy with government (central and regional).
PKPK to redirect rights issue proceeds to acquire mining company
04 Jan 2024 11:29
PT Perdana Karya Perkasa Tbk (PKPK), an oil and gas industry support, will transfer some of its rights issue proceeds to acquire an affiliate.
Danatama Makmur is now shareholder of ITMA
04 Jan 2024 10:58
PT Danatama Makmur Sekuritas (DMS) now serves as one of shareholders of PT Sumber Energi Andalan Tbk (ITMA) starting from last week (28/12). Its portion in ITMA now reaches 6.39% from the initial 0%.
United Tractors grants USD 30 million loan to subsidiary
03 Jan 2024 16:49
PT United Tractors Tbk (UNTR), a heavy equipment company under Astra Group, agreed upon the loan given to its subsidiary, PT Multi Prima Universal (MPU), worth USD 30 million.