Busrul Iman: Banking Business Group benefits us
08 Nov 2024 13:38
PT Bank Pembangunan Daerah (BPD) Jawa Timur Tbk (BJTM) or Bank Jatim is ready to stand as a holding bank of Banking Business Group (KUB), overseeing five regional banks.
Pefindo grants “idAAA” for Bank Permata with Stable prospect
06 Nov 2024 19:38
PT Bank Permata Tbk (BNLI) has received a new rating from Pemeringkat Efek Indonesia (Pefindo), a local security rating agency, of “idAAA” with Stable prospect.
Impack Pratama to put in extra IDR 79.9 billion for plastic manufacturing business
06 Nov 2024 15:43
PT Impack Pratama Tbk (IMPC), a manufacturer of plastic building materials, has channelled extra capital worth IDR 79.9 billion to one of its subsidiaries engaged in the plastic manufacturing business line, PT Sirkular Karya Indonesia (SKI).
HMI to transfer shares in Gostal Nickel to TGEM Ptd Ltd Singapore
04 Nov 2024 15:16
PT Trinitan Green Energy Minerals (TGEM) has decided to sell the shares of its subsidiary, PT Hydortech Metal Indonesia (HMI), in PT Gostal Nickel Indonesia (GNI) to TGEM Pt Ltd Singapore for IDR 15.70 billion last week (31/10).
PANI’s profit skyrocketed 91% as of September 2024
31 Oct 2024 14:54
PT Pantai Indah Kapuk Dua Tbk (PANI), the developer of Pantai Indah Kapuk (PIK), booked net profit of 487 billion within the first nine months (9M) of 2024.
Jhonlin Agro Raya provides IDR 1.4 trillion worth of asset to secure refinance
28 Oct 2024 14:31
PT Jhonlin Agro Raya Tbk (JARR), a palm refinery company, has guaranteed its assets worth IDR 1.4 trillion to PT Bank Mandiri (Persero) Tbk (BMRI).
EMP Energi Jaya to conclude 51% acquisition of Sengkang Block
28 Oct 2024 12:49
PT EMP Energi Jaya (EEJ), a subsidiary of PT Energi Mega Persada Tbk (ENRG), concluded the acquisition of 51% of KKS Sengkang Block, South Sulawesi, last week (25/10).
RAJA and subsidiary to secure credit facility of USD 44.8 million from Bank Mandiri
28 Oct 2024 10:09
PT Rukun Raharja Tbk (RAJA) and one of its subsidiaries, PT Triguna Internusa Pratama (TIP), has signed a credit facility agreement from PT Bank Mandiri (Persero) Tbk (BMRI) worth over USD 44.8 million.
Hexa Prima to become the controller of FUTR via DGF
22 Oct 2024 15:13
PT Hexa Prima Nusantara (HPN) has become an indirect controller over PT Lini Imaji Kreasi Ekosistem Tbk (FUTR) after acquiring 99.99% of PT Digital Futura Global (DFG) from PT Investasi Gemilang Maju (IGM).
Exploring Indonesia’s MSME export potential, Ambassador: A lot to learn from Thailand
19 Oct 2024 18:23
Rachmat Budiman, Ambassador of Indonesia for Thailand, hopes Indonesia’s MSMEs to make a global-scale breakthrough. However, there are still a lot of tasks left for pertinent stakeholders to achieve this, including MSME players themselves.