OJK to act on fintech with NPL rate over 5%
30 Mar 2023 15:19
The Financial Services Authority (OJK) will take action on some financial technology companies (fintech) that has a non-performing loan (NPL) or TWP90 rate of over 5%.
Bank Woori Saudara channels IDR 40.10 trillion in 2022
30 Mar 2023 13:39
PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) channeled IDR 40.10 trillion in credit throughout 2022, up from the same period in 2021 of IDR 33.43 trillion.
Blibli's loss increased to IDR 5.5 trillion after IPO last year
30 Mar 2023 13:32
PT Global Digital Niaga Tbk (BELI), an issuer owned by the Djarum Group which oversees the Blibli e-commerce platform to the Ranch Market supermarket, posted a loss of IDR 5.50 trillion in the 2022 fiscal year.
Ranch Market lost IDR 83.66 billion
30 Mar 2023 06:04
PT Supra Boga Lestari Tbk (RANC), the owner of Ranch Market retail network, faced a loss of IDR 83.66 billion in 2022.
Arkora Hydro to acquire IDR 125 billion loan from UNTR
30 Mar 2023 05:25
PT Arkora Hydro Tbk (ARKO) has secured a loan facility worth IDR 125 billion from PT United Tractors Tbk (UNTR) for refinancing, investment, and working capital.
Nickel giants NCKL and MBMA to debut on IDX in April
29 Mar 2023 19:23
Two giant companies in the nickel industry will make their debut on the Indonesia Stock Exchange in April. Moreover, PT Trimegah Bangun Persada Tbk (NCKL)'s IPO schedule is only about a week away from PT Merdeka Battery Materials Tbk (MBMA).
Bank Mandiri to split stock with 1:2 ratio
29 Mar 2023 14:36
PT Bank Mandiri (Persero) Tbk (BMRI) will conduct a stock split with a 1:2 ratio or a nominal value of IDR 250 to IDR 125 per share.
Casting Inalum aside, MIND ID now controls 65% of TINS
29 Mar 2023 13:11
PT Mining Industry Indonesia (Persero) or MIND ID, a state holding for mining companies, will become the major shareholder of PT Timah Tbk (TINS) after securing 65% of its shares, effectively replacing PT Indonesia Asahan Aluminium (Persero) or Inalum.
SHIP purchases new vessel worth US$54.8 million to transport LPG
24 Mar 2023 18:39
PT Sillo Maritime Perdana Tbk (SHIP) has purchased 1 unit of Liquefied Petroleum Gas (LPG) vessel worth US$54.8 million, through one of its subsidiaries, namely PT Golden Prima Maritim.
OJK targets 90% Financial Literacy Index in 2024
24 Mar 2023 16:00
The Financial Services Authority (OJK) is aiming to achieve a 90% Financial Inclusion Index in 2024 by issuing OJK Regulation No.3/2023 concerning Increasing Financial Literacy and Inclusion in the Financial Services Sector for Consumers and the Public.
