Bank Mega credit corrected, profits drop 25%
10 Feb 2025 16:29
Bank Mega's credit distribution was slightly corrected (2.5% yoy) that impacted the company's top line and bottom line performance.
Prioritising CASA, DPK of BTPS slipped 5% in H1 2024
27 Aug 2024 10:58
PT Bank BTPN Syariah Tbk (BTPS) saw a decline in third-party funds (DPK) by 5% year-on-year (yoy) to IDR 11.76 trillion in June 2024 from IDR 12.38 trillion seen in June 2023.
Unilever Indonesia divests assets for IDR 57.6 billion
13 Jun 2024 09:40
PT Unilever Indonesia Tbk (UNVR) has divested its asset, which is an ice cream production machine, for a transaction value worth EUR 3.27 million or equal to approximately IDR 57.6 billion.
Transcoal Pacific purchases one ship for US$14.8 million
01 Feb 2024 19:54
PT Transcoal Pacific Tbk (TCPI), a transportation company for transporting coal, has purchased 1 Mother Vessel Bulk Carrier vessel asset.
AMOR to distribute interim dividend of IDR 18.5 per share
30 Jan 2024 13:32
PT Ashmore Asset Management Indonesia Tbk (AMOR), an investment company with total assets under management of IDR 33.3 trillion, will distribute an interim dividend of IDR 18.5 per share.
APG and ADIA team up with INA in funding 2 sections of Trans Jawa Toll Road
11 Jan 2024 20:14
APG Asset Management NV (APG) and the Abu Dhabi Investment Authority (ADIA) have followed up on the memorandum of understanding signed in 2021, to invest in the Trans Jawa Toll Road together with the Indonesia Investment Authority (INA).
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.