24 Jan 2022 05:44
PT Bank Negara Indonesia (Persero) Tbk (BBNI) will acquire 63.92% of PT Bank Mayora to promote the establishment of a digital bank through an inorganic strategy.
Bank BNI to take over 63.92% of Bank Mayora
21 Jan 2022 14:01
PT Sejahtera Bintang Abadi Textile Tbk (SBAT), a textile company, has realised three pieces of open-end machine and their facilities for IDR 70 billion.
SBAT spent IDR 70 billion on textile machine
21 Jan 2022 12:50
Grab Holding Limited (Grab) and Singtel Alpha Investment Pte Ltd (Singtel) will enter the list of investors of PT Bank Fama International (FAMA), claiming 16.26% of the shares each.
Grab and Singtel both earn 16.26% of Bank Fama21 Jan 2022 11:03
PT Rafi Kamajaya Abadi (RKA), the company that holds a land concession in West Kalimantan, faces a civil lawsuit filed by the Ministry of Environment and Forestry of Indonesia.
Rafi Kamajaya is sued for forest and land fire, costing IDR 1 trillion
21 Jan 2022 10:35
The Bank Indonesia Banking Survey indicated that on a quarterly basis (qtq) new credit growth in the fourth quarter of 2021 increased compared to the previous period.
BI: New credit growth indicated increase in Q4 2021
21 Jan 2022 10:29
The Bank Indonesia Board of Governors (RDG) meeting on January 19-20 2022 decided to maintain the BI 7-Day Reverse Repo Rate (BI7DRR) at 3.50%, the Deposit Facility interest rate at 2.75%, and the Lending Facility interest rate at 4.25%.
BI maintains rate at 3.50%
21 Jan 2022 10:22
Sugar is a strategic commodity that is closely related to people's livelihoods. The demand for sugar continues to increase along with the increase in population and also the growth of the food and beverage industry in the country.
Ministry of Industry asks sugar industry to maintain quality, quantity and connectivity
21 Jan 2022 09:30
PT Mitra Angkasa Sejahtera Tbk (BAUT) has fixed the price used for the newly issued shares in the Initial Public Offering (IPO) at the lower limit specified during the book-building stage of IDR 100 per share.
BAUT uses lower price limits for its IPO, offering shares at IDR 100 each
21 Jan 2022 09:16
PT Catur Sentosa Adiprana Tbk (CSAP) is opening 2022 with the 43rd Mitra10 expansion located in Riau, Pekanbaru.
CSAP expands Mitra10 in Pekanbaru21 Jan 2022 09:13
Bank Indonesia (BI) will strengthen accommodative macroprudential policies this year to boost bank financing to businesses in order to promote the national economic recovery program.
BI enhances macroprudential policies to support economic recovery