Indonesia mandates 100% placement of export earnings, know the benefits
23 Jan 2025 11:41
The policy will require exporters to place 100% of their forex gains from natural resource export within the country, for at least 1 year.
Dozens of domestic textile factories collapsed, the number of layoffs reached 250 thousand
03 Jan 2025 15:03
The threat of illegal imports continues to pressure textile factories, resulting in a high number of layoffs from the textile industry in the last 2 years.
Pemberton Asian Opportunities owns 6.29% stake in PZZA
17 Dec 2024 14:25
Pemberton Asian Opportunities Fund (PAOF) is known to have increased its share portion by 1.33% to 6.29% from the previous 4.96% in PT Sarimelati Kencana Tbk (PZZA), the manager of Pizza Hut outlets, in a transaction last week (12/12 ).
Optimising assets, HITS sold oil tanker for USD 2.97 million
12 Dec 2024 08:02
PT Humpuss Intermoda Transportasi Tbk (HITS) recently divested a unit of oil tanker owned by one of its subsidiaries.
Indonesia to build methanol factory worth IDR 19.08 trillion next year
04 Dec 2024 08:03
The Indonesian government will build a methanol factory with total investment worth IDR 19.08 trillion next year to cut down imports.
Post-IPO, BOAT is foreign investors’ favourite
02 Dec 2024 07:20
Foreign investors mass-collect PT Newport Marine Services Tbk’s (BOAT) shares after this oil and gas industry service provider debuted on Indonesia Stock Exchange (IDX).
Pouring out IDR 94.19 billion, ERAL acquires JD Sports Fashion in Indonesia
25 Nov 2024 10:45
PT Sinar Eka Selaras Tbk (ERAL) has raised its ownership portion in a joint venture (JV) established alongside JD Sports Fashion Plc. (JD UK).
Antam and Freeport to collaborate on strengthening domestic gold supply chain
11 Nov 2024 09:47
PT Aneka Tambang Tbk (ANTM) or Antam and PT Freeport Indonesia (PTFI) have signed a sale and purchase agreement of gold with purity level of 99.99% to reinforce domestic gold supply chain.
Newport Marine Services to set IPO price to IDR 100 per share
05 Nov 2024 09:08
PT Newport Marine Services Tbk (BOAT), a vessel charter service for offshore oil and gas industry, has set the initial public offering (IPO) price to IDR 100 per share.
Newport Marine Services releases 1 billion shares via IPO
22 Oct 2024 11:01
PT Newport Marine Services Tbk (BOAT), a company which operates in the field of chartering vessels for the needs of the oil and gas (oil and gas) industry, will offer as many as 1 billion shares through an Initial Public Offering (IPO) on the Indonesia Stock Exchange (BEI).