Crypto exchange targeted to be completed this year
03 Feb 2023 14:02
The Ministry of Trade targets the crypto asset exchange to be completed in early Semester I of 2023.
Bank Central Asia allocates IDR 8.7 trillion in capex
03 Feb 2023 13:34
PT Bank Central Asia Tbk (BBCA) allocated capital expenditure (capex) of IDR 8.7 trillion, up 40% from the realization of capital expenditure in 2022 which reached IDR 5.8 trillion.
Syndicate to grant FREN IDR 7.5 trillion loan
03 Feb 2023 09:23
A syndicate of banks has granted a facility to PT Smartfren Telecom Tbk (FREN) with a credit limit of IDR 7.2 trillion.
KRAS to channel IDR 3.24 trillion to subsidiaries
03 Feb 2023 08:47
PT Krakatau Sarana Infrastruktur (KSI), a subsidiary of PT Krakatau Steel (Persero) Tbk (KRAS), had reportedly made a divestment worth IDR 3.24 trillion in two of its subsidiaries and transferred the portion to PT Chandra Asri Petrochemical Tbk (TPIA).
Ciemas Gold Project aims for 500 tpd production in July 2023
03 Feb 2023 05:45
PT Wilton Makmur Indonesia Tbk (SQMI) projects gold production from Ciemas Gold Project mining facility to reach 500 tons per day (tpd) in July 2023.
Branching out to rentals, Astra and Toyota join hands
02 Feb 2023 23:07
PT Astra International Tbk (ASII) has formed a partnership with Toyota Motor Corporation to establish a joint venture (JV) called PT Mobilitas Digital Indonesia (MDI).
Offering bonds, TBS Energi Utama eyes IDR 500 billion
02 Feb 2023 22:15
PT TBS Energi Utama Tbk (TOBA) will issue Bonds I of TBS Energi Utama Year 2023 with a total principal of IDR 500 billion and the highest coupon of 10.25%.
Restructuring, Garuda Indonesia to hold a private placement of USD 400 million
02 Feb 2023 12:06
The Indonesian government still continues to nurse PT Garuda Indonesia (Persero) Tbk (GIAA) back to health. After the rights issue and state equity participation/domestic investment, the next step in the restructuring process is holding a private placement.
DMAS to welcome 2023 with high data centre demands
02 Feb 2023 11:40
PT Puradelta Lestari Tbk (DMAS), the developer of Deltamas integrated city, admits that the demands for industrial areas are quite high at this time of the year.
Gold production weakens, ANTM still records 19% sales growth
02 Feb 2023 11:15
PT Aneka Tambang Tbk (ANTM) reported an increase in its precious metal (gold) sales of 19%, despite the 24.88% decline in its production volume throughout 2022.
