INKP to issue US$ 25 million bonds
19 Mar 2024 17:17
PT Indah Kiat Pulp & Paper Tbk (INKP) will issue Shelf Registration USD Bonds I Phase III 2024 amounting to US$ 25 million on April 1, 2024.
SOE Insurance Holding, IFG, aims for market leader position
19 Mar 2024 15:25
Indonesia Financial Group (IFG), a holding of state-owned enterprises (SOEs) in the fields of insurance, guarantee and investment, targets to become market leaders in the general insurance industry
BCA to set up final dividend of IDR 227.5 per share
18 Mar 2024 17:26
PT Bank Central Asia Tbk (BBCA), the bank with the highest market capitalisation, has secured approval from its shareholders to distribute final dividend of IDR 227.50 per share, totalling IDR 28.04 trillion.
BSDE hesitates in issuing remaining Bond and Sukuk 2022’s coupon
18 Mar 2024 15:18
PT Bumi Serpong Damai Tbk (BSDE) postpones its plan to issue the coupon of bond and sukuk this year in order to gain extra fund from the remaining Shelf-Registration Bond III Phase I and Shelf-Registration Sukuk I Phase I 2022.
Indonesia import rose 15.84% to USD 18.44 billion
18 Mar 2024 13:54
Statistics Indonesia (BPS) recorded import surge in February 2024 by 15.84% year-on-year (yoy) to USD 18.44 billion from USD 15.91 billion in February 2023.
Paying debts, Waskita Beton Precast to divest assets
18 Mar 2024 11:43
PT Waskita Beton Precast Tbk (WSBP), a construction company owned by the Indonesian government through PT Waskita Karya (Persero) Tbk (WSKT), has auctioned off its assets to pay off debts to creditors.
CFR rating drops, APLN to negotiate on maturing senior notes
18 Mar 2024 11:08
PT Agung Podomoro Land Tbk (APLN) is discussing with notes’ holders regarding the payment of senior notes worth USD 131.96 million, which will mature on June 2, 2024.
Chandra Asri to divest several businesses, from port to storage
15 Mar 2024 16:40
PT Chandra Asri Pacific Tbk (TPIA), a petrochemical company under Barito Pacific Group, will divest several of its business lines in order to optimise assets.
BPS scored 9.45% export decrease
15 Mar 2024 14:11
Indonesia’s export value in February 2024 was recorded at USD 19.30 billion, down 9.45% year-on-year (yoy) from the same period in 2024 worth USD 21.32 billion.
Relentless, Greylag 1410 to file judicial review post cassation rejection
15 Mar 2024 13:51
Greylag Goose Leasing 1410 Designated Activity Company (Greylag 1410) is known to have filed an application for judicial review after the Supreme Court denied the cassation appeal requesting the annulment of homologated agreement with PT Garuda Indonesia (Persero) Tbk (GIAA).