Forex reserves slipped to USD 144.2 billion
08 May 2023 13:12
Bank Indonesia (BI) recorded foreign exchange (forex) reserves declining to USD 144.2 billion at the end of April 2023 from USD 145.2 billion in March 2023.
BI to promote local currency utilisation in ASEAN+3 countries
03 May 2023 15:48
Bank Indonesia encourages wider utilisation of local currencies in bilateral transactions among ASEAN+3 countries to enhance collaboration and payment connectivity in ASEAN+3 countries.
DOID's subsidiary to issue bonds of USD 500 million
03 May 2023 05:57
PT Bukit Makmur Mandiri Utama (BMMU) will issue bonds worth USD 500 million, which will be listed in Singapore Exchange Securities Trading Limited (SGX-ST).
Delta Djakarta slowed down in Q1 2023
02 May 2023 11:51
The performance of PT Delta Djakarta Tbk (DLTA), an alcoholic beverage manufacturer, slightly weakened in Q1 2023 from the same period in 2022.
Biomass Lestari to build wood pellet manufacturing factory
28 Apr 2023 13:20
PT Biomass Lestari Nusantara (BLN) will establish a wood pellet manufacturing factory to supply biomass fuel. This joint venture has a capital of IDR 90 billion or the equivalent of US$ 6 million.
Bio Farma ready to provide IDR 157 billion loan for Indofarma's restructuring
19 Apr 2023 05:40
PT Bio Farma (Persero), the parent of a pharmaceutical holding company owned by the Government of Indonesia, will distribute a loan facility worth IDR 157 billion to support the restructuring plan of PT Indofarma Tbk (INAF).
BASF to invest USD 2.6 billion in EV battery ecosystem
17 Apr 2023 14:39
Badische Anilin und Sodafabrik/Baden Aniline and Soda Factory (BSAF) is committed to make investments in electric vehicle (EV) battery ecosystem in Indonesia worth USD 2.6 billion.
Adira Finance to distribute IDR 803 billion of dividend
06 Apr 2023 06:09
PT Adira Dinamika Multi Finance Tbk (ADMF) will channel out dividend of IDR 803 billion from its 2022 net profit on May 4, 2023. The remaining net profit of IDR 786.49 billion will be allocated as retained earnings.
Indomobil gained profit of IDR 562.55 billion
03 Apr 2023 15:21
PT Indomobil Sukses Internasional Tbk (IMAS) booked 320.31% year-on-year (yoy) profit surge in 2022 to IDR 562.55 billion, turning the table around from the loss of IDR 255.34 billion in 2021.
Indomobil appointed as manufacturer and distributor of Mercedes-Benz in Indonesia
31 Mar 2023 15:08
PT Indomobil Sukses Internasional Tbk (IMAS) together with Inchape Motors Private Limited, have been appointed by Mercedez-Benz to handle the Mercedes-Benz business in Indonesia.
