Indonesia joins BRICS: What are the benefits?
08 Jan 2025 13:15
Here's some benefits gained by Indonesia and other developing countries from joining BRICS economic bloc.
Dozens of domestic textile factories collapsed, the number of layoffs reached 250 thousand
03 Jan 2025 15:03
The threat of illegal imports continues to pressure textile factories, resulting in a high number of layoffs from the textile industry in the last 2 years.
TCPI to hold private placement, retail investors’ shares potentially diluted 1.82%
03 Jan 2025 07:09
PT Transcoal Pacific Tbk (TCPI) plans a Capital Increase Without Pre-emptive Rights, or private placement, of 500 million shares.
December 2024’s inflation slowed to 1.57%
02 Jan 2025 15:45
The inflation rate in December 2024 was reported at 1.57%, slowing down year-on-year (yoy) from December 2023 at 2.61%.
MOLI to merge 2 subsidiaries
02 Jan 2025 13:52
PT Madusari Murni Indah Tbk (MOLI) is merging two of its subsidiaries for business efficiency purposes.
TOWR to postpone rights issue of IDR 4.5 trillion, management reveals the reason
30 Dec 2024 07:02
PT Sarana Menara Nusantara Tbk (TOWR) is reportedly postponing the capital increase with pre-emptive rights, or rights issue, which is still reporting pending approval from the Financial Services Authority (OJK).
TOWR to distribute interim dividend of IDR 300.22 billion
24 Dec 2024 14:22
As of September 30 2024, TOWR had posted a net profit of IDR 2.45 trillion.
Japanese investors to buy 25% of Hero Global Investment shares after IPO
24 Dec 2024 09:12
Japan's Shikoku Electric Power will buy a 25% stake in PT Hero Global Investment Tbk (HGII) from the controlling shareholder after the Initial Public Offering (IPO).
Need working capital, Trimegah Sekuritas offers IDR 303.2 billion bonds
24 Dec 2024 07:55
PT Trimegah Sekuritas Indonesia Tbk (TRIM) will issue Shelf Registration Bonds I Phase III Year 2025 with a principal amount of IDR 303.2 billion.
Flour producer Raja Roti Cemerlang to debut in stock market, offering 291.5 million shares
20 Dec 2024 17:28
PT Raja Roti Cemerlang Tbk (BRRC), a flour producer for bread production, will hold an Initial Public Offering (IPO).