Life insurance’s mutual fund assets down to IDR 78.2 trillion
04 Mar 2024 11:45
The mutual fund assets in Indonesian life insurance industry continued to decline. Within the past 3 years, they have shrunk by 52.71%.
Insurance to await BI’s decision before rebalancing investment fund
29 Feb 2024 16:20
Insurance industry opts to direct investment funds to government securities (SBN) following the expectation of global interest rate decline in the next couple of months.
Provident Investasi Bersama to issue jumbo bond, eyeing IDR 1.25 trillion
29 Feb 2024 10:51
PT Provident Investasi Bersama Tbk (PALM), an investment holding company of Saratoga Group, will issue the Shelf-Registration Bond II Phase II Year 2024 worth IDR 1.25 trillion.
Insurance companies prefer to invest in SBN
27 Feb 2024 18:54
The life insurance industry recorded total investment assets placed in government securities (SBN) reaching IDR 182.23 trillion. This amount is equivalent to 33.67% of the assets of the insurance industry incorporated in the Indonesian Life Insurance Association (AAJI).
Telkomsat investing IDR 3.5 trillion for Satelit Merah Putih 2, Jasindo gives full coverage
23 Feb 2024 13:37
PT Asuransi Jasa Indonesia (Jasindo) confirmed that the investment value of total IDR 3.5 trillion for Satelit Merah Putih 2 will be fully covered by the company.
Share price declines 34.58%, Blooming Years increased its investment in BABY
13 Feb 2024 14:34
Blooming Years Pte Ltd added a 1.45% stake in PT Multitrend Indo Tbk (BABY) in a gradual transaction starting in early February 2024.
Divesting portions in Mega Manunggal, Provident Warehouse cashes in IDR 60 billion
06 Feb 2024 10:19
Provident Warehouse Pte Ltd (PW) has divested 200 million of its shares for IDR 60 billion in PT Mega Manunggal Property Tbk (MMLP), last week (23/1).
Maybank facilitates digital gold investment, collaborates with Pegadaian to open gold savings
30 Jan 2024 11:23
PT Bank Maybank Indonesia Tbk (BNII), known as Maybank, is now collaborating with Pegadaian to introduce the results of its newest collaboration, namely Pegadaian Gold Savings on the M2U ID App.
Yenny Hamidah to raise portion in MAHA
23 Jan 2024 16:13
Yenny Hamidah Koen is increasing her portions in PT Mandiri Herindo Adiperkasa Tbk (MAHA) by IDR 1.08 billion in worth in a transaction taking place yesterday (22/1).
HSBC Indonesia to offer global mutual fund MAGET A2 for public this January 18
16 Jan 2024 14:59
PT Manulife Asset Manajemen Indonesia (MAMI) has been reported ready to distribute its latest global mutual fund product, Manulife Saham Syariah ESG Transisi Global Dolar AS (MAGET) Class A2, to Indonesian investors this Thursday, January 18, 2024.
