Latest News

Sale of 504 million Smartfren Telecom (FREN) shares drives net foreign volume to -108.77 million

16 May 2024 12:12

On Monday, May 13, foreign investors were selling 504.19 million shares of the telecommunications company PT Smartfren Telecom Tbk (FREN) for a net volume of -448.64 million shares. This sale contributed to an increase in foreign sell volume to around 3.60 billion shares. Meanwhile, foreign buy volume was only 3.49 billion shares, resulting in a deficit net foreign volume of -108.77 million shares.

Sale of 504 million Smartfren Telecom (FREN) shares drives net foreign volume to -108.77 million

SIDO to allocate 95.56% of net profit as dividend

16 May 2024 09:53

PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) sets aside 96.56% of its net profit in 2023 as cash dividend, lower than the allocation made for the fiscal year (FY) 2022 of 99.18%.

SIDO to allocate 95.56% of net profit as dividend

Legrand Indonesia holds Data Centre Summit 2024

15 May 2024 17:33

Legrand Indonesia, collaborating with Indonesia Data Center Provider Organization (IDPRO), held the second edition of Legrand Day 2024 – Data Center Summit last Tuesday (14/5), featuring experts, authorities, and business players in the data centre industry.

Legrand Indonesia holds Data Centre Summit 2024

MSCI Global Small Cap Index reevaluated, 9 Indonesian issuers were dropped

15 May 2024 17:04

Five issuers listed on Indonesia Stock Exchange (IDX) are now entering as constituents of MSCI Global Small Cap Indexes, replacing 9 other companies from said index.

MSCI Global Small Cap Index reevaluated, 9 Indonesian issuers were dropped

Bank OCBC NISP’s profit climbed 13.4% in Q1 2024

15 May 2024 15:31

PT Bank OCBC NISP Tbk (NISP) booked net profit of IDR 1.16 trillion in the first quarter (Q1) of 2024, growing 13.4% year-on-year (yoy) or from the same quarter last year.

Bank OCBC NISP’s profit climbed 13.4% in Q1 2024

OK Bank eyes profit of IDR 30.04 billion in 2024

15 May 2024 11:14

PT Bank Oke Indonesia Tbk (DNAR) is optimistic about attaining net profit of IDR 30.04 billion at the end of this year despite its profit declining in Q1 2024 compared to the same period in 2023.

OK Bank eyes profit of IDR 30.04 billion in 2024

Up 60%, PBID sets up dividend of IDR 300 billion

15 May 2024 10:00

The cash dividend of PT Panca Budi Idaman Tbk (PBID) soared 60% in the fiscal year (FY) 2023 to IDR 300 billion from 2022 cash dividend of IDR 187.5 billion.

Up 60%, PBID sets up dividend of IDR 300 billion

Sumber Alfaria Trijaya to establish new digital business line, Alfagift

15 May 2024 09:33

PT Sumber Alfaria Trijaya Tbk (AMRT), the managing company of Alfamart and Alfamidi convenience stores, will establish a new business line in the digital platform sector called Alfagift.

Sumber Alfaria Trijaya to establish new digital business line, Alfagift

Oki Pulp & Paper Mills to issue 3 bonds worth nearly IDR 1 trillion

15 May 2024 08:52

PT Oki Pulp & Paper Mills (OPPM), a subsidiary under PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM) of Sinarmas Group, will issue another bond in rupiah and US dollar.

Oki Pulp & Paper Mills to issue 3 bonds worth nearly IDR 1 trillion

Gov’t aims for IDR 10 trillion in next week’s sukuk auction

15 May 2024 08:23

Indonesian government will hold another auction of Government Sharia Securities (SBSN) or State Sukuk next Monday (20/5), with an indicative target of IDR 10 trillion.

Gov’t aims for IDR 10 trillion in next week’s sukuk auction