Indonesia’s economy’s strength still focused in Java and Sumatra
06 Feb 2024 17:00
The economic structure of Indonesia is still heavily concentrated in Java and Sumatra throughout 2023.
Indonesia’s economy grew 5.05% in 2023
06 Feb 2024 15:17
Economy of Indonesia throughout 2023 had grown 5.05%, slowing down from the rate seen in 2022 of 5.31%.
AMMN realised IDR 10.47 trillion from IPO
06 Feb 2024 14:21
PT Amman Mineral Internasional Tbk (AMMN) has realised 98.53% of the IPO proceeds, equal to IDR 10.32 trillion from total IDR 10.47 trillion.
PTPP scored IDR 3.5 trillion of new contracts in January 2024
05 Feb 2024 17:12
PT PP (Persero) Tbk (PTPP), a state-owned enterprise engaged in the infrastructure construction, had secured new contracts worth approximately IDR 3.5 trillion in January 2024.
Hengtong Optic to set up tender offer of VOKS’s shares
05 Feb 2024 13:30
Hengtong Optic Electric International Co Ltd (HOEI), controlling shareholder of PT Voksel Electric Tbk (VOKS), will initiate the tender offer of a maximum 1.11 billion shares for IDR 226 each.
TINS to channel IDR 36.5 billion of loan to subsidiary
05 Feb 2024 11:01
PT Timah Tbk (TINS), a state-owned tin mining company, has reportedly allocated a short-term loan facility for one of its subsidiaries, PT DOK & Perkapalan Air Kantung (DAK).
Merdeka Copper Gold to issue bonds of IDR 1.5 trillion
05 Feb 2024 10:38
PT Merdeka Copper Gold Tbk (MDKA), a gold and other mineral mining company, will issue the Public Offering of Shelf-Registration Bonds IV Phase V Year 2024 with a principal of IDR 1.5 trillion.
Amman Mineral reports smelter progress hitting 76% in December 2023
05 Feb 2024 10:01
A subsidiary of PT Amman Mineral Internasional Tbk (AMMN), PT Amman Mineral Industri (AMI), mentioned that the progress of construction of copper smelting facility and precious metal refinery had reached 76.1% and 72.7% at the end of December 2023.
Ayam Goreng Nelongso set IPO price to IDR 278 per share
02 Feb 2024 16:06
PT Bersama Mencapai Puncak Tbk (BAIK), a company that manages Ayam Goreng Nelongso, has set the initial public offering (IPO) price to IDR 278 per share.
BMRI saw 16.3% credit growth, assets went over 2 quadrillion
02 Feb 2024 12:50
Yesterday (1/2), PT Bank Mandiri (Persero) Tbk (BMRI) reported double-digit growth in its credit distribution, reaching 16.3% year-on-year (yoy) to IDR 1.39 trillion.