Denso and Sanden undergo investigation for monopolistic practices
30 Jan 2023 15:42
It is revealed that two air conditioner (AC) manufacturers are being investigated for allegedly splitting the portion for AC system in cars.
December 2022, bank deposit reaches IDR 8.20 quadrillion
30 Jan 2023 14:30
Deposit at the national banking system in December 2022 grew 8.7% compared to December 2021. However, this achievement is weaker when compared to deposit growth from 2020 to 2021.
Dharma Satya to establish palm refinery in Q2 2023
30 Jan 2023 13:32
PT Dharma Satya Nusantara Tbk (DSNG) will build a palm oil production plan in West Kalimantan with a capacity of 30 tons of fresh fruit bunches per hour.
Aiming for personalised healthcare, Prodia pushes for digitalisation
25 Jan 2023 12:21
PT Prodia Widyahusada Tbk (PRDA) celebrates its 50th year of contribution in the healthcare sector in Indonesia under the theme of “Personal and Precise Partner for Your Health.”
SMDR to split stock with 1:5 ratio
25 Jan 2023 10:11
PT Samudera Indonesia Tbk (SMDR) will initiate a stock split with a ratio of 1:5, dividing the share of IDR 25 each to IDR 5.
Waskita Toll Road to grant IDR 19.17 billion to Trans Jabar Tol
24 Jan 2023 18:53
PT Waskita Toll Road (WTR), one of many subsidiaries of PT Waskita Karya (Persero) Tbk (WSKT), has channelled extra capital worth IDR 19.17 billion to PT Trans Jabar Tol (TJT).
In December 2022, banks distributed IDR 6.38 quadrillion in credit
24 Jan 2023 14:41
Distribution of bank loans in December 2022 reached IDR 6.38 quadrillion, growing 11% from December 2021.
PNM Venture Capital to issue IDR 200 billion of MTN
24 Jan 2023 11:04
PT Permodalan Nasional Madani Venture Capital (PNM Venture Capital) has issued medium term notes (MTN) with a principal value of IDR 200 billion.
Prajogo Pangestu now controls 71.15% of Barito
24 Jan 2023 08:19
The ownership percentage of Prajogo Pangestu in PT Barito Pacific Tbk (BRPT) increases 0.29% following the distribution of bonus shares of said wood manufacturer.
Lending expected to grow in first quarter of 2023
20 Jan 2023 15:08
New credit disbursement in the first quarter of 2023 is expected to grow in line with the easing of lending policies.