Inflation should slow down in November 2024
09 Oct 2024 17:14
Inflation in November 2024 and February 2025 is projected to decline, as stated in Retail Sales Survey of Bank Indonesia in August 2024.
BI and BNM work on potential currency swap worth IDR 82 trillion
27 Sep 2024 14:55
Bank Indonesia (BI) and Bank Negara Malaysia (BNM) enable local currency exchange with total value amounting to a maximum of IDR 82 trillion or equal to MYR 24 billion throughout the next 5 years.
UOB confident with credit growth projection of 20% this year
25 Sep 2024 17:34
PT Bank UOB Indonesia is targeting drastic growth in credit distribution rate at the end of 2024, reaching 20% year-on-year (yoy), or far exceeding the projection set by Bank Indonesia (BI) for banking industry.
No more coal business expansion, UNTR confident on branching out to mineral mining and NRE
18 Sep 2024 14:46
PT United Tractors Tbk (UNTR), an issuer engaged in the mining industry, reasserts its intention to no longer expand its coal mining business and instead direct its focus on diversification to mineral mining and investment in new and renewable energy (NRE).
HEXA to expand to Foton vehicle reparation business
12 Sep 2024 10:25
PT Hexindo Adiperkasa Tbk (HEXA) will expand its business reach to reparation services for Foton cars and trucks, a Chinese vehicle brand, starting this year.
Komarudin Hidayat: Sharia banks can triumph supported by professionalism
11 Sep 2024 12:50
Prof. Dr. Komarudin Hidayat, Commissioner of PT Bank Syariah Indonesia Tbk (BRIS), believes that sharia banking industry in Indonesia still has potential to rapidly grow if accompanied with professionalism in its development.
Islamic Leaders Conference 2024 officially held today
11 Sep 2024 12:28
Menara Syariah and the Brunei Institute of Leadership & Islamic Finance (BILIF) are collaborating to hold the Islamic Leaders Conference (ILC) 2024 which will be held for two days on September 11-12, 2024, at Menara Syariah, PIK 2.
TPMA and SIM to form joint venture
09 Sep 2024 15:18
PT Trans Power Marine Tbk (TPMA) and PT Samudra Investama Maju (SIM) establish a joint venture in order to acquire 20 sets of tug and barge vessels, as well as 2 units of floating cranes, within the next three years.
Thanks to BRI Empowerment, This MSME Optimizes Bamboo Products to Overseas Markets
09 Sep 2024 10:57
Unexpected inspiration can actually lead someone to create a new and successful business, as experienced by Adang, a MSME actor in Bandung, who successfully optimized bamboo into various types of crafts and processed food products and is famous internationally.
August 2024 saw increases in forex reserves
06 Sep 2024 17:37
Bank Indonesia (BI) reported an increase in forex reserves in August 2024 following a decline back in February 2024.
