Govt to hold another SUN auction next week, aiming for IDR 24 trillion
23 Feb 2024 14:45
The Indonesian government will hold a Government Securities (SUN) auction on Thursday (29/2) next week, with an indicative target of IDR 24 trillion.
Good news for Astra following electric car incentive from gov't
23 Feb 2024 13:51
The Indonesian government will give incentives for electric cars, as stated in Regulation of the Ministry of Finance (PMK) No. 8/2024 regarding the Government-Borne Value Added Tax (PPN DTP) of Electric Cars.
Domestic car sales decline, AUTO’s net profit still grew 38.9% in 2023
23 Feb 2024 11:17
PT Astra Otoparts Tbk (AUTO) booked net profit of IDR 1.84 trillion in 2023, up 38.9% year-on-year (yoy).
BTPN eyes IDR 6.73 trillion in rights issue, SMBC and BCA to take part
22 Feb 2024 12:44
PT Bank BTPN Tbk (BTPN) will carry out a capital increase with pre-emptive rights, also known as rights issue, of 2.58 billion shares.
Transcoal Pacific’s subsidiary to secure credit facility of IDR 1.34 trillion
22 Feb 2024 10:16
PT Sentra Makmur Lines (SML), a subsidiary of PT Transcoal Pacific Tbk (TCPI) engaged in the shipping industry, has signed a credit facility agreement with one of state-owned banks.
Indomobil and VKTR Teknologi Mobilitas to accelerate EC adoption
22 Feb 2024 08:45
PT IMG Sejahtera Langgeng (IMGSL), a subsidiary of PT Indomobil Sukses Internasional Tbk (IMAS), has signed a strategic partnership agreement with PT VKTR Teknologi Mobilitas Tbk (VKTR).
Up 28.5% yoy, CIMB Niaga scored IDR 6.55 trillion of profit in 2023
21 Feb 2024 15:26
PT Bank CIMB Niaga Tbk (BNGA), the private bank with the third highest market capitalisation in Indonesia, booked net profit of IDR 6.55 trillion in 2023, increasing 28.5% year-on-year (yoy).
Jokowi reshuffles cabinet again, installing 2 former armed forces
21 Feb 2024 11:21
President of Republic of Indonesia, Joko Widodo (Jokowi), once again reshuffles its ministers by appointing 2 former personnels of Indonesian National Armed Forces (TNI) as Coordinating Minister of Political, Legal, and Security Affairs and Minister of Agrarian Affairs and Spatial Planning.
State sukuk auction recorded total bids of IDR 19.88 trillion
21 Feb 2024 11:01
The total incoming bids submitted in the auction of Government Sharia Securities (SBSN) or state sukuk yesterday (20/2) were recorded at IDR 19.88 trillion.
Buana Finance to secure credit facility of IDR 200 billion from Bank KEB Hana
21 Feb 2024 10:16
PT Buana Finance Tbk (BBLD), a consumer financing company, has obtained a term credit loan from PT Bank KEB Hana Indonesia.
