Commercial insurance industry’s assets reach IDR 903.07 trillion
05 Mar 2024 14:26
The Financial Services Authority (OJK) reveals that the assets of commercial insurance industry had reached IDR 903.07 trillion in January 2024.
INCO’s profit rose 36.89% to USD 274.33 million
12 Feb 2024 10:42
The profit of PT Vale Indonesia Tbk (INCO) was recorded increasing 36.89% year-on-year (yoy) to USD 274.33 million from USD 200.40 million in 2022. This growth resulted from increases in revenue and financial income.
Indonesia’s economy’s strength still focused in Java and Sumatra
06 Feb 2024 17:00
The economic structure of Indonesia is still heavily concentrated in Java and Sumatra throughout 2023.
Indonesia’s economy grew 5.05% in 2023
06 Feb 2024 15:17
Economy of Indonesia throughout 2023 had grown 5.05%, slowing down from the rate seen in 2022 of 5.31%.
HEXA saw 25.43% surge in profit to USD 43.85 million in 2023
31 Jan 2024 14:37
PT Hexindo Adiperkasa Tbk (HEXA) recorded profit growth of 25.34% year-on-year (yoy) to USD 43.85 million in 2023 from USD 34.98 million in 2022.
BCA’s profit growth in 2023 slowed down compared to 2022
26 Jan 2024 16:00
Profit growth of PT Bank Central Asia Tbk (BBCA) was seemingly slowing down from 2022 to 2023, despite its net income consistently growing from year to year.
Transforming business, Bank KB Bukopin confident on 15% credit surge in 2024
22 Dec 2023 10:50
PT Bank KB Bukopin Tbk (BBKP), a private bank, now under KB Financial Group from South Korea, aims for new credit growth of 15% in 2024, which will be supported by the wholesale segment and Korean business ecosystem.
Credit up 10.4%, Citi Indonesia doubled its profit in H1 2023
10 Aug 2023 12:18
Citibank N.A. Indonesia or Citi Indonesia recorded net profit of up to IDR 1.2 trillion at the end of the first half of 2023, shifting 54% yer-on-year (yoy), thanks to a surge in its net interest income.
Indonesia economy shifted 5.17% in H1 2023
07 Aug 2023 12:59
The economic growth of Indonesia throughout 2023 has remained stable after the increase recorded in Q2 2023 of 5.17% year-on-year (yoy). It shifted from the same period in 2022 that recorded 5.03% growth.
BCA optimistic credit will grow above 10%
05 Jul 2023 13:48
PT Bank Central Asia Tbk (BBCA) is optimistic about achieving growth of 10 -12% in lending by the end of 2023, even though it is during the campaign period ahead of the 14 February 2024 elections.
