Protelindo Group secures extra facility of over IDR 3.4 trillion from BCA
15 Jun 2023 12:20
Protelindo Group has managed to acquire extra credit facility from PT Bank Central Asia Tbk (BBCA) worth over IDR 3.4 trillion.
MDKA eyes gold potentials in 2023
13 Jun 2023 17:28
PT Merdeka Copper Gold Tbk (MDKA) redirects its focus on its gold mining business line by targeting production of up to 120,000-140,000 ounces of gold from Tujuh Bukit Gold Mine, Banyuwangi, East Java until the end of 2023.
Bakrie’s VKTR to raise IDR 1.13 trillion in IPO
07 Jun 2023 14:11
PT VKTR Teknologi Mobilitas Tbk (VKTR), an electric vehicle (EV) company under Bakrie Group, will issue 8.75 billion new shares in the Initial Public Offering (IPO).
Tolaram Group to invest IDR 17.11 billion more in Bank Amar
22 May 2023 13:25
Tolaram Group Inc will increase investment worth IDR 17.11 billion in PT Bank Amar Indonesia Tbk (AMAR) through a transaction that took place last week.
Pindo Deli Pulp and Paper Mills to issue MTN of USD 1.65 million
16 May 2023 11:00
PT Pindo Deli Pulp and Paper Mills, the paper manufacturer under Sinarmas Group, issues Medium Term Notes (MTN) with a total principal worth USD 1.65 million.
Tolaram Group to raise investment in Bank Amar
12 Apr 2023 15:12
Tolaram Group Inc has reportedly increased its investment in PT Bank Amar Indonesia Tbk (AMAR) by IDR 9.96 billion, bringing its portion up from 70.44% to 70.63% of the total shares of Bank Amar.
Revenue up by 49%, WSBP is out of the woods
10 Apr 2023 10:52
The performance of PT Waskita Beton Precast Tbk (WSBP) in 2022 skyrocketed, turning the tides from nearly IDR 2 trillion loss in 2021 to a net profit of IDR 675 billion at the end of December 2022.
DANA welcomes Ramadhan with solid transaction growth
10 Apr 2023 10:07
DANA, the e-wallet service provider, reported increases in the number of transactions, as well as the number of frequent users, within the first half of Ramadhan 2023.
Production capacity maxed out, INKP to build another plant worth USD 3.63 billion
06 Apr 2023 06:17
PT Indah Kiat Pulp & Paper Tbk (INKP), a pulp and paper company under Sinarmas Group, plans to distribute a new production plant to meet ever-increasing demand for papers.
AXA Financial Indonesia introduces its unit link product, AXA Link Protector
05 Apr 2023 10:45
Amidst the recent talk regarding investment-linked insurance plan (unit link) and the implementation of SEOJK No.5/2022, AXA Financial Indonesia launches AXA Link Protector, its investment-linked insurance product that offers protection as well as investment value.
