Indonesia’s forex reserves down 3%
13 May 2024 09:53
The foreign exchange (forex) reserves of Indonesia slipped 3% down to USD 136.2 billion in April 2024 from USD 140.4 billion in Mach 2024.
These six companies are out of IDX80
25 Apr 2024 10:36
Six issuers got kicked out from IDX80 after a major evaluation conducted by Indonesia Stock Exchange yesterday (24/4).
Unilever Indonesia’s net profit grew 3.06% in Q1 2024
25 Apr 2024 09:30
PT Unilever Indonesia Tbk (UNVR), a Fast-Moving Consumer Good (FMCG) company with the highest market capitalisation, booked net profit of IDR 1.44 trillion in Q1 2024.
BBKP secures loan facility of USD 300 million from Korea Development Bank
18 Apr 2024 07:56
PT Bank KB Bukopin Tbk (BBKP) has obtained a long-term loan facility worth USD 300 million from its parent company, KB Kookmin Bank Co., Ltd., under Korea Development Bank.
Allocating IDR 84 billion, MCASH to focus on EV and cloud advertising
17 Apr 2024 15:33
PT M Cash Integrasi Tbk (MCAS) or MCASH, a digital infrastructure and ecosystem solution provider, is said to have budgeted IDR 84 billion for its capital expenditure (capex) in 2024.
Debuting last year, Hatten Bali’s net profit skyrocketed 99%
27 Mar 2024 06:09
PT Hatten Bali Tbk (WINE), a wine manufacturer based in Bali, booked net profit of IDR 42.4 billion throughout 2023.
Launching 3 new motorcycle models, Volta eyes 18 thousand units of sales and expansion in 2024
20 Feb 2024 16:27
PT Volta Indonesia Semesta, a subsidiary of PT M Cash Integrasi Tbk (MCAS) engaged in the clean energy field, is eyeing an approximate of 64% growth in electric motorcycle sales to 18 thousand units at the end of 2024.
KAI obtains US$ 448.07 million loan from China Development Bank
13 Feb 2024 15:45
PT Kereta Api Indonesia (Persero) has obtained a total loan facility of US$ 448.07 million from China Development Bank to finance the cost overrun of the Jakarta-Bandung high-speed train project.
Meeting free float requirement, Kalbe Farma to sell 6 million Enseval’s shares
05 Feb 2024 12:37
PT Kalbe Farma Tbk (KLBF), a pharmaceutical company, will sell 5 to 6 million shares of PT Enseval Putera Megatrading Tbk (EPMT).
Investment Minister denies claim of Tesla leaving nickel for EV battery
25 Jan 2024 12:45
The Minister of Investment, Luhut Binsar Pandjaitan, expressed his opinion on the claim of Tesla, Elon Musk’s electric vehicle (EV) manufacturer, quitting nickel for EV battery materials.
