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).
Mandiri Tunas Finance saw 18.8% revenue growth
26 Jan 2023 06:10
PT Mandiri Tunas Finance (MTF) has managed to secure IDR 3.77 trillion of revenue throughout 2022, shifting 18.8% year-on-year (yoy) from IDR 3.18 trillion in 2021.
Modalku channelled IDR 41.2 trillion of credits in 5 countries
19 Jan 2023 11:37
PT Modalku Indonesia, the owner of Modalku fintech platform, has distributed IDR 41.2 trillion of credits by the end of 2022.
DCII to set up data centre in Bintan worth USD 300 billion
18 Jan 2023 07:50
The upcoming data centre of PT DCI Indonesia Tbk (DCII) in Bintan will have a capacity of 2,000-3,000 megawatts (MW).
Indika and South Korean company to establish JV
16 Jan 2023 16:33
PT Indika Energy Tbk (INDY), through one of its subsidiaries, PT Indika Medika Nusantara (IMAN), has established a joint venture (JV) called PT Binoeer Indika Group (BIG).
BI Survey: inflationary pressures slightly subside in February 2023
11 Jan 2023 07:44
The Retail Sales Survey by Bank Indonesia (BI) indicates that the inflation will start to deplete in February until May 2023.
BI: consumer’s optimism in economy rises
10 Jan 2023 07:21
Although consumers’ optimism towards the economy increases in December 2022, the expectation towards the economic condition within the next 6 months is seen declining.
Lavender Bina Cendekia to allocate IDR 40 billion of capex
10 Jan 2023 06:42
PT Lavender Bina Cendekia Tbk (BMBL), a company engaged in the education sector, sets the initial public offering (IPO) proceeds target to IDR 52.64 billion.
Bintang Bara BV sold 43.71 million shares of TBS Energi Utama
06 Jan 2023 22:26
Bintang Baru BV has sold 43,715,000 units of shares of PT TBS Energi Utama Tbk (TOBA), or approximately 0.543% of its portion.