Weak coal industry, TEBE readies diversification
08 May 2024 14:03
PT Dana Brata Luhur Tbk (TEBE) recorded a significant decline in revenue in Q1 2024 by up to 42.3% year-on-year (yoy) due to slowing-down of coal industry.
Moody’s maintain sovereign credit rating of Indonesia at Baa2
17 Apr 2024 11:17
Moody’s is said to maintain sovereign credit rating of Indonesia at Baa2 on April 16, 2024. This rating is one level higher than the investment grade, with a stable outlook.
Waskita Fim Perkasa Realti restructure its loan to BTN
17 Apr 2024 07:53
PT Waskita Fim Perkasa Realti (WFPR), one of many subsidiaries of PT Waskita Karya (Persero) Tbk (WSKT), has signed a credit restructuring agreement with PT Bank Tabungan Negara (Persero) Tbk (BBTN).
SHIP’s subsidiary to secure facility of USD 32.85 million from Bank Mandiri
13 Mar 2024 16:01
PT Golden Benua Maritim (GBM), one of many subsidiaries of PT Sillomaritime Perdana Tbk (SHIP), has signed a credit facility agreement with PT Bank Mandiri (Persero) Tbk (BMRI).
UOB pairs up with Garuda Indonesia to introduce GIUC card
08 Mar 2024 16:13
PT Bank UOB Indonesia joins hands with PT Garuda Indonesia Tbk (GIAA) and Mastercard to introduce Garuda Indonesia UOB Credit Card (GIUC), which combines the perks of credit card spending and rewards from mileage system.
Citra Borneo Utama secured credit facility of IDR 1 trillion from BRI
27 Feb 2024 13:04
PT Citra Borneo Utama Tbk (CBUT), the issuer engaged in the downstream process of palm refinery sector, has obtained a credit facility from PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) or BRI worth IDR 1 trillion.
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.
Bank Mayapada and Skorcard to launch credit card for youth
20 Feb 2024 14:17
PT Bank Mayapada Internasional Tbk (MAYA) has formed a partnership with PT Skorcard Teknologi Indonesia (Skorcard), a fintech company that offers a new experience for credit card users.
Trans Jabar Tol signed on syndicated loan agreement worth IDR 3.4 trillion
01 Feb 2024 12:08
PT Trans Jabar Tol (TJT), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT) owned through PT Waskita Toll Road (WTR), has obtained a syndicated loan facility of IDR 3.4 trillion.
Sunindo Pratama secures credit facility of US$ 3 million from Bank ICBC Indonesia
11 Jan 2024 20:05
PT Sunindo Pratama Tbk (SUNI), a distributor of machinery and metal goods for construction, has signed a credit agreement with PT Bank ICBC Indonesia (ICBC) with a total value of US$3 million.
