IMR Asia Holding to acquire 83% Fortune Indonesia's shares
22 Feb 2024 16:24
IMR Asia Holding Pte. Ltd, a holding company registered in Singapore, plans to acquire 83% of the shares of PT Fortune Indonesia Tbk (FORU).
Indomobil and VKTR Teknologi Mobilitas to accelerate EC adoption
22 Feb 2024 08:45
PT IMG Sejahtera Langgeng (IMGSL), a subsidiary of PT Indomobil Sukses Internasional Tbk (IMAS), has signed a strategic partnership agreement with PT VKTR Teknologi Mobilitas Tbk (VKTR).
Comparing assets of BRI, BNI, BCA, and Mandiri’s insurance subsidiaries
22 Feb 2024 05:50
Banks with Core Capital over IDR 70 trillion or KBMI IV have insurance subsidiaries. Then, how huge is the contribution of insurance business in consolidated assets of jumbo banks?
IMPC to channel USD 1 million loan
21 Feb 2024 09:55
PT Impack Pratama Industri Tbk (IMPC) disbursed USD 1 million loan to its subsidiary, Impack Vietnam Company Ltd (IVC), yesterday (19/2).
Insurance industry recorded IDR 320.88 trillion of premium in 2023
20 Feb 2024 17:16
Financial Services Authority (OJK) recorded accumulated premium of IDR 320.88 trillion from the insurance sector in 2023.
Launching 3 new motorcycle models, Volta eyes 18 thousand units of sales and expansion in 2024
20 Feb 2024 16:27
PT Volta Indonesia Semesta, a subsidiary of PT M Cash Integrasi Tbk (MCAS) engaged in the clean energy field, is eyeing an approximate of 64% growth in electric motorcycle sales to 18 thousand units at the end of 2024.
Panin Sekuritas saw 47.5% slippage in net profit in 2023
20 Feb 2024 14:56
PT Panin Sekuritas Tbk (PANS), a security company under Panin Bank group, booked net profit of IDR 130.42 billion in 2023.
Boosting pipe production, SUNI to add IDR 152.81 billion to subsidiary
19 Feb 2024 15:16
PT Sunindo Pratama Tbk (SUNI) has invested IDR 152.81 billion in its subsidiary, PT Rainbow Tubulars Manufacture (RTM), in order to enhance its steel and iron pipe production capacity.
WSKT Realty restructures IDR 19 billion debt
19 Feb 2024 13:56
PT Waskita Karya Realty (WSKT Realty), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), restructured its debt as much as IDR 19 billion. The restructuring agreement took place last week (12/2).
Empowering its agents, Manulife Indonesia holds Manulife Pro 2024
19 Feb 2024 12:28
Manulife Indonesia, one of most renowned insurance companies in Indonesia, kicks off Manulife Pro 2024, an annual recognition program held for high-performing Life Planners of Manulife across Indonesia.