Goldman Sachs acquired SVB’s bonds pre-termination
15 Mar 2023 11:19
Goldman Sachs Group is revealed to be the buyer of the Bonds of Silicon Valley Bank (SVB), recording a total loss of USD 1.8 billion.
Incoming bids in SUN auction hit IDR 52 billion mark
14 Mar 2023 18:52
The total incoming bids submitted in today’s (14/3) auction of Government Securities clocked up to IDR 52.66 trillion.
OJK: There’s 35% gap between financial literacy and inclusivity
14 Mar 2023 18:09
Based on a survey conducted by Financial Services Authority (OJK) in 2022, there is still an apparent gap of up to 35% between financial literacy and inclusivity rates.
CLEO to seek 30% sales growth through expansion
14 Mar 2023 14:34
PT Sariguna Primatirta Tbk (CLEO), the Cleo bottled mineral water manufacturer, aims to attain 30% sales growth this year.
Bali Towerindo Sentra to gain extra credit from BVIC
14 Mar 2023 12:18
PT Bali Towerindo Sentra Tbk (BALI) has reportedly signed the credit extension and addition agreement with PT Bank Victoria International Tbk (BVIC).
DCI Indonesia’s net profit soared 40.7% in 2022
14 Mar 2023 11:26
PT DCI Indonesia Tbk (DCII), one of the biggest data centres in Indonesia, booked net profit of IDR 367.84 billion in 2022, shifting 40.7% year-on-year (yoy) or compared to the record in 2021.
JP Morgan possibly taking over SVB Financial Group
14 Mar 2023 11:05
JP Morgan Chase & Co is reported to initiate an acquisition of Silicon Valley Bank (SVB) Financial Group, excluding the SVB banking unit, which is currently monitored by Federal Deposit Insurance Corporation (FDIC).
Asian capital market threatened by US banking crisis
14 Mar 2023 10:36
The capital market in Asia was reported declining on March 14, 2023, following the emerging banking crisis in the United States after Silicon Valley Bank and Signature Bank were dissolved.
Coal price slowly comes down, GEMS remains optimistic for 2023
14 Mar 2023 07:44
PT Golden Energy Mines Tbk (GEMS) has reportedly allocated USD 33 million of capital expenditure for 2023.
Acquired by HSBC, UK's Silicon Valley Bank priced at just £1
13 Mar 2023 20:01
The UK branch of Silicon Valley Bank (SVB) has been acquired by HSBC for just £1, or Rp.18,641, after going bankrupt.
