KPAS at default on IDR 173 billion charge
20 Feb 2023 10:25
PT Cottonindo Ariesta Tbk (KPAS), a cotton manufacturer, is declared bankrupt by the Commercial Court of Central Jakarta District Court last week (16/2).
RI booked surplus of USD 3.87 billion
17 Feb 2023 10:23
The trading balance of Indonesia arrived at a surplus of USD 3.87 billion in January 2023, which was the highest after 33 consecutive surpluses from May 2020.
Keeping up with the times, construction industry to focus on sustainability
16 Feb 2023 18:16
MEGABUILD and Keramika Indonesia 2023 exhibition will be the timely occasion for material and construction industries, as well as professionals, to highlight sustainability issues in their respective fields.
MEGABUILD and Keramika Indonesia 2023 to be held in Senayan
16 Feb 2023 15:06
The 20th MEGABUILD Indonesia and the 9th Keramika Indonesia exhibitions will be held in Jakarta Convention Centre (JCC) in Senayan, Jakarta, from February 23-26, 2023.
Nusantara Sawit Sejahtera to offer 3.57 billion shares in IPO
16 Feb 2023 14:49
PT Nusantara Sawit Sejahtera Tbk (NSSS), a palm plantation company with a factory and land in Central Kalimantan, will begin its initial public offering (IPO) by issuing 3.57 billion shares in its debut.
FASW’s profit dropped 80.57% in 2022
15 Feb 2023 16:31
The performance of PT Fajar Surya Wisesa Tbk (FASW) was seen declining from 2021 to 2022.
Installing bonds payment, LPKR spent USD 224.72 million
15 Feb 2023 06:09
Theta Capital Pte Ltd, a subsidiary of PT Lippo Karawaci Tbk (LKPR), installed a total USD 224.72 million for two bonds that will mature in 2025 and 2026 last week (10/2).
Buying vessel, Habco took out IDR 150 billion loan
14 Feb 2023 14:34
PT Habco Trans Maritima Tbk (HATM) secured IDR 150 billion loan from PT Bank Central Asia Tbk (BBCA) to fund the acquisition of a bulk carrier.
Bank Mega’s credit disbursement grew 15.48%
14 Feb 2023 14:09
The credit disbursement of PT Bank Mega Tbk (MEGA) reportedly increased 15.48% year-on-year (yoy) to IDR 70.29 trillion at the end of December 2022 from IDR 60.68 trillion recorded in 2021.
Securing facility from Bank Mandiri, RIGS to submit subsidiaries’ assets as guarantee
14 Feb 2023 12:19
PT Rig Tenders Indonesia Tbk (RIGS) has placed assets of one of its subsidiaries, PT Surya Indah Muara Pantai (SIMP), as a guarantee after signing a credit facility worth IDR 100 billion with PT Bank Mandiri (Persero) Tbk (BMRI).
