Arkora Hydro (ARKO) establishes new subsidiary
19 Feb 2025 17:07
Astra Group's EBT company, Arkora Hydro (ARKO), forms a new subsidiary. See the invested amount.
Airlangga Hartarto pushes nuclear energy collab with Masdar
12 Feb 2025 17:42
Airlangga Hartarto promotes nuclear energy cooperation with UAE-based company, Masdar, to achieve national energy resilience.
DSSA secures IDR 1 trillion facility from BNI
07 Feb 2025 13:51
The facility will increase debt-to-equity ratio of DSSA to 17%.
Government eyes extra 103 GW capacity, 75% from renewable energy
31 Jan 2025 15:43
The government plans to construct nuclear power plants (PLTN) with a capacity of up to 4.3 GW, utilising Small Modular Reactor (SMR) technology.
US withdraws from Paris Agreement, ESDM Minister responds
30 Jan 2025 16:20
The Ministry of ESDM reveals its response towards the US decision to withdraw from Paris Agreement.
OJK launches new regulations, debt collectors may now collect from borrowers
16 Jan 2025 11:39
OJK now permits debt collection services for non-performing loans from online lending (pinjol) platforms operating through Peer-to-Peer (P2P) Lending
POSA injects capital into three subsidiaries
10 Jan 2025 14:03
“The capital increase was carried out through a debt-to-equity conversion mechanism in three subsidiaries: PT Tanjung Pinang Indah, PT Lahan Makmur Indah, and PT ABC Bali Laut.”
TGRA's recovery efforts: rights issue plans and acquisition
03 Jan 2025 15:39
TGRA's difficulties began with its undersubscribed IPO on May 15, 2017, where it raised only IDR 110 billion, far below the IDR 1.5 trillion needed for capital expenditures to build its five PLTMs.
IPO prospects of HGII: Renewable energy holding targeted by Japanese investors
03 Jan 2025 10:57
PT Hero Global Investment Tbk (HGII) has begun its Initial Public Offering (IPO) period today (3/1) until January 7, and the company will list its shares on Thursday, January 9, 2025.
OJK to takeover crypto asset supervisor role next week
03 Jan 2025 09:46
The transition of Bappebti from Ministry of Trading to OJK will not pose any major challenges.