SMDR to split stock with 1:5 ratio
25 Jan 2023 10:11
PT Samudera Indonesia Tbk (SMDR) will initiate a stock split with a ratio of 1:5, dividing the share of IDR 25 each to IDR 5.
Diversifying, INDY to acquire 46% of essential oil manufacturer
25 Jan 2023 06:43
PT Indika Energy Tbk (INDY) is diversifying and branching out to the essential oil industry through its subsidiary, PT Indika Multi Properti (IMP), which has acquired 46% of PT Natura Aromatik Nusantara (NAN).
In December 2022, banks distributed IDR 6.38 quadrillion in credit
24 Jan 2023 14:41
Distribution of bank loans in December 2022 reached IDR 6.38 quadrillion, growing 11% from December 2021.
LEAD issues Bank Guarantee to secure new contract
24 Jan 2023 14:19
PT Logindo Samudramakmur Tbk (LEAD) has issued a Bank Guarantee facility at PT Servewell Offshore to secure a new shipping contract.
Lending expected to grow in first quarter of 2023
20 Jan 2023 15:08
New credit disbursement in the first quarter of 2023 is expected to grow in line with the easing of lending policies.
Following Bank Sumut, Bank DKI reportedly eyeing IDR 3 trillion IPO
20 Jan 2023 15:04
PT Bank DKI, a Regional Owned Enterprise (BUMD) owned by the Provincial Government of DKI Jakarta, is reportedly eyeing an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX).
Bank Syariah Indonesia to boost MSME financing this year
20 Jan 2023 14:47
PT Bank Syariah Indonesia Tbk (BRIS) targets financing for Micro, Small and Medium Enterprises (MSMEs) in 2023 to grow up to 18-20% on an annual basis or year-on-year (yoy).
Sampoerna ready to launch IQOS, aiming for export
17 Jan 2023 08:22
PT Hanjaya Mandala Sampoerna Tbk (HMSP), a cigarette manufacturer with the highest market capitalisation in Indonesia, has officially established the production facility of smoke-free tobacco products in Karawang, West Java.
Buana Finance to secure IDR 150 billion loans from Bank KEB Hana Indonesia
16 Jan 2023 16:22
PT Buana Finance Tbk (BBLD), a financing venture circa 1982, has recently obtained a credit facility of IDR 150 billion.
Mayapada Hospital to channel IDR 213.93 billion to subsidiaries
13 Jan 2023 17:35
PT Sejahteraraya Anugrahjaya Tbk (SRAJ), the managing company of Mayapada Hospital, realises IDR 213.93 billion of the total proceeds of the issuance of Bonds I 2022 of IDR 950 billion.
