Successful spin-off, now OJK revokes Allianz’s sharia unit license
26 Sep 2024 15:28
Financial Services Authority (OJK) revokes the license of Sharia Unit of PT Asuransi Allianz Life Indonesia (AALI) following the spin-off.
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.
VTNY secures loan facility of IDR 275 billion
25 Sep 2024 13:16
PT Venteny Fortuna International Tbk (VTNY) has acquired a credit facility worth IDR 275 billion from PT Bank Mayapada Internasional Tbk (MAYA) as of yesterday (24/9).
A year in the stock market, two issuers show massive slippage
25 Sep 2024 11:14
The stock performance of two companies, PT Multitrend Indo Tbk (BABY) and PT Anugerah Spareparts Sejahtera Tbk (AEGS), plummeted after a year debuting in the stock exchange since September 2023.
Bank DBS Indonesia to work with Mirae Asset to launch multi-currency RDN
24 Sep 2024 14:44
PT Bank DBS Indonesia has officially launched its investment account (Rekening Dana Nasabah/RDN) service, pairing up with PT Mirae Asset Sekuritas Indonesia (Mirae Asset) as its security company partner to facilitate easier and swift investment.
After IPO, PACK net profit grows 11.2%
24 Sep 2024 12:15
PT Solusi Kemasan Digital Tbk (PACK), a plastic packaging manufacturer for the snack food to cosmetic industry with the FlexyPack brand, posted a net profit of IDR1.29 billion in the first semester (1H) of 2024.
MSIN’s shareholders agree upon stock split of 1:5 ratio
24 Sep 2024 09:14
PT MNC Digital Entertainment Tbk (MSIN) has secured approval from Extraordinary General Meeting of Shareholders to initiate a stock split with a ratio of 1:5.
Pefindo gives two positive signals for these 2 issuers
23 Sep 2024 13:46
Pemeringkat Efek Indonesia (Pefindo) has assigned an “idA” rating to General Obligations (GO) of PT Cimanggis Cibitung Tollways (CCT) and PT Buana Finance Tbk (BBLD).
Alibaba Group official appointed as CTO GOTO
20 Sep 2024 18:10
Shareholders of PT Goto Gojek Tokopedia Tbk (GOTO) have appointed William Xiong as Chief Technology Officer (CTO). William's presence at GOTO strengthens Alibaba Group's commitment to investing in this largest marketplace company.
BREN share price plunges 19.95% after kicked off from FTSE Index
20 Sep 2024 15:48
The share price of PT Barito Renewables Energy Tbk (BREN) fell 19.95% to IDR8,825 per share at the start of trading today.
