IMR Asia Holding to acquire 83% Fortune Indonesia's shares
a year ago
IMR Asia Holding Pte. Ltd, a holding company registered in Singapore, plans to acquire 83% of the shares of PT Fortune Indonesia Tbk (FORU).
Jokowi reshuffles cabinet again, installing 2 former armed forces
a year ago
President of Republic of Indonesia, Joko Widodo (Jokowi), once again reshuffles its ministers by appointing 2 former personnels of Indonesian National Armed Forces (TNI) as Coordinating Minister of Political, Legal, and Security Affairs and Minister of Agrarian Affairs and Spatial Planning.
Launching 3 new motorcycle models, Volta eyes 18 thousand units of sales and expansion in 2024
a year ago
PT Volta Indonesia Semesta, a subsidiary of PT M Cash Integrasi Tbk (MCAS) engaged in the clean energy field, is eyeing an approximate of 64% growth in electric motorcycle sales to 18 thousand units at the end of 2024.
Vale Indonesia share divestment agreed at IDR3,750 per share
a year ago
The Ministry of Energy and Mineral Resources (ESDM) said that the divestment plan of PT Vale Indonesia Tbk (INCO) shares owned by Vale Canada Limited (VCL) and Sumitomo Metal Mining Co. (SMM) to MIND ID, has reached a price agreement.
IDX to welcome 3 new companies today
a year ago
Nearing 2024 National Election Day, companies are making their moves to hold initial public offering (IPO) in Indonesia Stock Exchange (IDX).
MORA to boost revenue through new product launch
a year ago
PT Mora Telematika Indonesia Tbk (MORA), a telecommunication service company, has launched its latest product called Moratelindo Network Interconnect and Content Autonomous (MoNICA).
Hesitant about IKN, Paradise Indonesia to focus on Java’s projects this year
a year ago
As a property developer, PT Indonesian Paradise Property Tbk (INPP) has yet to show its interest in participating in the hype of Nusantara Capital City (IKN).
Swarmed by young investors, capital market’s assets still in the hand of veterans
a year ago
The number of investors in the capital market of Indonesia has reportedly increased 18.01% in 2023, thanks to retail investors’ growing interest, according to the data from Indonesia Central Security Depository (KSEI).
Paradise Indonesia eyes 20%-30% growth in 2024
a year ago
After scoring significant increase in its performance in 2023, PT Indonesian Paradise Property Tbk (INPP), a property developer and manager, now aims to score performance growth of 20%-30% this year.
Head-to-head of 2024 Election campaign funds
a year ago
General Election Commission of Indonesia has released initial campaign budget allocated by 3 presidential candidates that will face each other in the upcoming election on February 14, 2024.