Esta Indonesia to grant subsidiary extra capital of IDR 6 billion
27 Sep 2024 11:15
PT Esta Indonesia Tbk (NEST), a swallow farm company, has provided extra capital to one of its subsidiaries, PT Tunas Esta Indonesia (TEI).
BI to fully terminate JIBOR in January 2026
27 Sep 2024 09:59
Bank Indonesia (BI), the administrator of Jakarta Interbank Offered Rate (JIBOR), will permanently terminate all publications of JIBOR starting January 1, 2026.
Expanding factory in Cilegon, Nippon Shokubai Indonesia readies IDR 1.69 trillion
13 Sep 2024 10:51
Nippon Shokubai Indonesia, a petrochemical company that has been investing in Indonesia since 1996, is preparing IDR 1.69 trillion for factory expansion in Cilegon.
Angkasa Pura I and II to be merged to Angkasa Pura Indonesia
10 Sep 2024 10:01
PT Angkasa Pura I and PT Angkasa Pura II have been officially merged together, becoming PT Angkasa Pura Indonesia (API).
Bank Panin to issue bond of IDR 3.91 trillion, coupon set to 7.25%
09 Sep 2024 17:27
PT Bank Pan Indonesia Tbk (PNIN), also known as Bank Panin, will issue Shelf-Registration Bond IV Phase II Year 2024 with total principal of IDR 3.91 trillion.
Taking on investment management business, BBRI to work with European investment manager
03 Sep 2024 13:44
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) has signed a Conditional Share Subscription Agreement (CSSA) with Amundi, an asset management company based in France.
Official, BTPN is now SMBC Indonesia
30 Aug 2024 11:10
Shareholders of PT Bank BTPN Tbk (BTPN) agreed upon the name change of the entity to PT Bank SMBC Indonesia Tbk.
Jasa Armada Indonesia allocates capex of IDR 158 billion
29 Aug 2024 20:15
PT Jasa Armada Indonesia Tbk (IPCM) prepares IDR 158 billion for its capital expenditure this year, most of which will be channelled to new vessel acquisition.
BBRI pushes for user increase and seeks new growth engine
29 Aug 2024 11:16
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) is preparing several strategies to attain sustainable business growth, starting from boosting the number of users and securing new growth engine.
Digital business triumphed, Bank Raya’s credit growth hit 12.1%
27 Aug 2024 11:27
PT Bank Raya Indonesia Tbk (AGRO) booked credit distribution growth of 12.1% year-on-year (yoy) to IDR 6.8 trillion in the second quarter (Q2) of 2024, supported by enhancement in its digital business line.