Arwana Citramulia to give out more dividend this month
13 Mar 2023 16:52
PT Arwana Citramulia Tbk (ARNA), a ceramic tile manufacturer, will distribute cash dividends of IDR 55 per share or IDR 403.78 billion at the end of this month.
Boosting OCTG production, SUNI to secure landbank in Batam
13 Mar 2023 16:01
PT Sunindo Pratama Tbk (SUNI) will acquire land and buildings of 50,793 m2 in Batam, Riau Islands, to boost the production capacity for Oil Country Tubular Goods (OCTG) Tubing.
SVB and Signature Bank fell through in less than a week
13 Mar 2023 14:37
The United States’ financial sector was found in distress after the official declaration of bankruptcy of Silicon Valley Bank (SVB) and Signature Bank in New York.
BRI AGMS approves IDR 1.5 trillion buyback plan
13 Mar 2023 14:01
Annual general meeting of shareholders (AGMS) of PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) today (13/3/2023) agreed to buy back shares buyback of IDR 1.5 trillion. The shares from this year's buyback will be used for the implementation of a share ownership program for both employees and directors.
Indonesia’s banking capital strong against liquidity risks
13 Mar 2023 13:41
The financial and banking sector in Indonesia is deemed only slightly related to the current banking issues in the United States of America (USA).
US gov’t to ensure SVB doesn’t get bailed out
13 Mar 2023 12:56
The United States of America government has reaffirmed that there were no options of bail-out for Silicon Valley Bank (SVB), which had just collapsed within 48 hours.
Following SVB, Signature Bank closes down
13 Mar 2023 11:31
The banking regulator of United States of America in New York has officially dissolved Signature Bank starting yesterday (12/3), just two days after the dissolution of Silicon Valley Bank (SVB) last Friday (10/3).
The Fed to ensure access to SVB
13 Mar 2023 10:47
The users of Silicon Valley Bank (SVB) are confirmed to be able to gain access to their deposits and savings on Monday (13/3) after the bank was closed last Friday (10/3).
Finance improves, Pefindo to raise AKRA’s and its bonds’ ratings
13 Mar 2023 10:39
Pemeringkat Efek Indonesia (Pefindo), a local company and security rating agency, has officially upgraded the rating of PT AKR Corporindo Tbk (AKRA) and its Shelf-Registration Bonds I from “idAA-“ to “idAA.”
In March, Tower Bersama Infrastructure paid IDR 2.5 trillion in bond payments
13 Mar 2023 09:23
Six issuers are scheduled to pay their bond maturities in March. Even so, investors will receive seven bond payments because PT Tower Bersama Infrastructure Tbk (TBIG) has two maturing bonds.
