PPRE to seek 20% growth in new contract
13 Mar 2024 10:48
PT PP Presisi Tbk (PPRE) aims to score new contracts’ growth of 20% until the end of this year.
Batavia Prosperindo Internasional to set up stock split with 1:20 ratio
08 Mar 2024 16:38
PT Batavia Prosperindo Internasional Tbk (BPII) will initiate the stock split with 1:20 ratio to increase its stock liquidity.
Permata Bank to boost its fee-based income this year
07 Mar 2024 11:53
PT Bank Permata Tbk (BNLI), widely known as PermataBank, aims to secure revenue increase through its fee-based income growth in 2023. As of 2023, PermataBank reported 16% contribution from fee-based income to its total revenue.
SCCO to stock split at 1:4 ratio
04 Mar 2024 16:01
Shareholders of PT Supreme Cable Manufacturing & Commerce Tbk (SCCO) agree upon the stock split plan with a ratio of 1:4, meaning that 1 share will be split into 4 shares with the same value.
Buana Finance to obtain another IDR 765 billion facility from Bank Danamon
04 Mar 2024 10:26
PT Buana Finance Tbk (BBLD), a consumer financing company listed on Indonesia Stock Exchange (IDX) since 1990, has acquired a credit facility worth IDR 765 billion from PT Bank Danamon Indonesia Tbk (BDMN).
BRI reigns supreme in profitability among jumbo banks in 2023
29 Feb 2024 11:59
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), one of the big four banks with market capitalisations of over IDR 100 trillion, reported the highest net profit among others in 2023.
Maybank Indonesia saw 18.5% profit growth to IDR 1.74 trillion in 2023
29 Feb 2024 11:27
PT Bank Maybank Indonesia Tbk (BNII), a private bank with total assets of IDR 171.8 trillion, booked net profit of IDR 1.74 trillion in 2023.
IKN projects prompt growth in general insurance premium
29 Feb 2024 11:26
General Insurance Association of Indonesia (AAUI) reported that Nusantara Capital City (IKN) projects have triggered surge in industry premium in 2023.
Woori Bank Korea ready to pour IDR 3.6 trillion fresh funds in SDRA rights issue
26 Feb 2024 16:25
Woori Bank Korea has expressed its willingness to take part in the rights issue held by PT Bank Woori Saudara 1906 Tbk (SDRA).
Bukaka Teknik to establish new subsidiary in Oman, investing IDR 122 billion
23 Feb 2024 12:51
PT Bukaka Teknik Utama Tbk (BUKK), through one of its subsidiaries, PT Bukaka Mega Investama, has formed a new subsidiary called Bukaka International LLC in Oman.
