Lautan Luas’s subsidiary to gain extra capital
06 Mar 2023 16:48
PT Lautan Mitra Kreasi (LMK), one of many subsidiaries of PT Lautan Luas Tbk (LTLS), has received extra capital worth IDR 300 million.
All business lines thrive, Trimegah Sekuritas posted 241.9% profit growth
06 Mar 2023 11:16
PT Trimegah Sekuritas Indonesia Tbk (TRIM) recorded net profit of IDR 177.5 billion in 2022, proliferating 241.9% year-on-year (yoy) or compared to the previous year.
One year debuting, BAUT’s net profit soared 35% in 2022
06 Mar 2023 10:52
PT Mitra Angkasa Sejahtera Tbk (BAUT), the supplier of PATTA nuts and bolts in Indonesia, booked net profit IDR 6.4 billion in 2022.
LinkAja to target over 80% revenue growth this year
03 Mar 2023 17:18
LinkAja, an e-wallet service provider owned by several state-owned enterprises, is targeting to attain over 80% revenue growth in 2023.
Facilitating easier remittance, Wise pairs up with Bank Mandiri
02 Mar 2023 16:21
After its initial launch in Indonesia in 2020, Wise works fast in securing its first partnership with PT Bank Mandiri Tbk (BMRI) to provide easier cross-border money transfer service.
PTSN secures USD 11.5 million loan, to be spent on SMT machine
02 Mar 2023 15:02
PT Sat Nusapersada Tbk (PTSN) obtains a banking facility worth USD 11.5 million for business expansion.
BJBR credit distribution grows 12.89%
01 Mar 2023 12:08
PT BPD Jawa Barat dan Banten Tbk (BJBR)'s conventional credit distribution grew 12.89% in 2022 compared to 2021. On the other hand, third party funds (DPK) rose 7.3%.
Midi Utama Indonesia announces stock split next month
28 Feb 2023 19:34
PT Midi Utama Indonesia Tbk (MIDI), a retail issuer that manages the Alfamidi and Alfaexpress minimarket networks, will carry out a stock split with a ratio of 1:10.
OJK: 73 companies to raise funds in IDX
28 Feb 2023 13:04
Until last week (23/2), the funds raised in the capital market has hit IDR 35.8 trillion, gained by 17 new issuers. Furthermore, the number of investors is said to reach 10.60 million.
Maximus Insurance to establish sharia unit
27 Feb 2023 13:16
PT Asuransi Maximus Graha Persada Tbk (ASMI) or Maximus Insurance, will spin off a sharia business unit, establishing a sharia insurance company.
