Wika Realty secures cash loan of IDR 4.82 trillion
04 Apr 2023 06:03
PT Wika Realty has obtained a cash loan facility worth IDR 4.82 trillion from its parent company, PT Wijaya Karya (Persero) Tbk (WIKA).
Telkom's transformation expected to drive market cap to IDR 500 trillion
03 Apr 2023 17:37
The transformation of PT Telkom Indonesia (Persero) Tbk (TLKM) into a digital infrastructure company is expected to push the market capitalization value to IDR 500 trillion in 2025.
Forklift rental company to debut, offering 1.75 billion in IPO
03 Apr 2023 14:11
PT Sarana Mitra Luas Tbk (SMIL), a forklift and material handling equipment rental company, will issue 1.75 billion units of shares in its Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX).
Era Digital Media eyes IDR 82.5 billion fresh funds via IPO
31 Mar 2023 18:13
PT Era Digital Media Tbk (AWAN), a mobile content service provider for telecommunications companies, will carry out an initial public offering (IPO) on the Indonesia Stock Exchange (IDX).
New SEOJK, Allianz Indonesia and Bank QNB Indonesia to continue offer product solution
31 Mar 2023 17:22
After the implementation of Financial Services Authority Circulatory Letter (SEOJK) No.5/2022 regarding unit-linked insurance products, PT Asuransi Allianz Life Indonesia (Allianz Indonesia), along with PT Bank QNB Indonesia Tbk (BKSW), gain confidence about their existing insurance products, Allianz Wealthlink Protection Life and Allianz Wealthlink Prestige Life 2.
IMC Pelita Logistik posted 69% profit surge to USD 42.33 million
31 Mar 2023 14:47
PT IMC Pelita Logistik Tbk (PSSI), previously known as PT Pelita Samudera Shipping, managed to gain net profit of USD 42.33 million in 2022.
DPR to promote unit-linked insurance marketing evaluation
31 Mar 2023 14:00
House of Representatives (lit. Dewan Perwakilan Rakyat/DPR) calls for the evaluation of the regulation that oversees marketing of investment-linked insurance products (unit-linked insurance plan).
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.