DKFT to introduce new subsidiary to take on Morowali Industrial Park
17 Feb 2023 07:06
PT Central Omega Resources Tbk (DKFT) establishes a new subsidiary that will handle the business in the industrial area in North Morowali, Central Sulawesi.
ASSA to channel extra IDR 11.2 billion for warehouse line
17 Feb 2023 06:54
PT Adi Sarana Armada Tbk (ASSA) has increased the capital of one of its subsidiaries, PT Adi Sarana Logistik (ASL), by IDR 11.2 billion.
ADRO to ready capex of USD 600 million
17 Feb 2023 06:34
PT Adaro Energy Indonesia Tbk (ADRO) allocates USD 500-600 million for its capital expenditure (capex) this year.
Nickel price skyrocketing, Vale Indonesia saw 24% growth in sales
16 Feb 2023 22:15
PT Vale Indonesia Tbk (INCO) booked sales of USD 1.18 billion in 2022, 24% higher than USD 953.2 million seen in 2021.
Vigorously expanding, Champ Resto Indonesia to open 35 new outlets in 2023
16 Feb 2023 15:07
PT Champ Resto Indonesia Tbk (ENAK) aims to establish 35 new outlets for six of its brands in 2023, resuming its expansion plan that has been initiated since last year.
ADMR allocates US$ 90 million capex for metallurgical coal
16 Feb 2023 10:40
PT Adaro Minerals Tbk (ADMR) has allocated capital expenditure (capex) of around US$ 70 million-US$ 90 million this year.
IDR 14 trillion state sukuk auction will be held next week
16 Feb 2023 10:04
The Indonesian government will hold an auction of State Sharia Securities (SBSN) or state sukuk with an indicative target of IDR 14 trillion on 21 February 2023.
At default and consecutive losses, HKMU to shut down businesses
15 Feb 2023 19:35
PT HK Metals Utama Tbk (HKMU) has put the operation of two of its subsidiaries, PT Handal Aluminium Sukses (HAS) and PT Rasa Langgeng Wira (RLW), to a temporary halt.
Bids in SUN auction exceeds IDR 55.98 trillion
15 Feb 2023 13:14
The number of bids included in the Government Securities (SUN) auction on 14 February 2023 was recorded at IDR 55.98 trillion.
TBIG to transfer buyback shares to Bersama Digital Infrastructure
15 Feb 2023 06:30
PT Tower Bersama Infrastructure Tbk (TBIG) will collect fresh funds after transferring 368,740,400 shares from buyback to its parent entity, Bersama Digital Infrastructure Asia Pte Ltd.
