International tourist visits up 17.29%, majority from Malaysia
03 Jan 2025 14:02
International tourist arrivals in November 2024 rose by 17.29% to 1.09 million compared to 931,227 visits in November 2023.
MD bags IDR 50 billion from divesting OMRE
03 Jan 2025 12:42
PT Manning Development (MD) is known to have divested 4.12% of PT Indonesia Prima Property Tbk (OMRE) in a transaction last week (27/10).
OJK to takeover crypto asset supervisor role next week
03 Jan 2025 09:46
The transition of Bappebti from Ministry of Trading to OJK will not pose any major challenges.
Analyst projects promising prospect in retail sector; MDIY on the rise?
02 Jan 2025 19:10
Analyst at PT Binaartha Sekuritas, Nafan Ali, mentioned that the prospect of retail sector in Indonesia is quite promising, supported by solid economic foundation and increased domestic consumption.
Setting IPO price to IDR 452 per share, Kentanix Supra International to debut early January
02 Jan 2025 11:25
PT Kentanix Supra International Tbk (KSIX), a real estate and property issuer, is ready to list its shares in Indonesia Stock Exchange (IDX) by offering 320.67 million shares for IDR 452 each.
Economists predict December inflation soaring up to 1.6% yoy
02 Jan 2025 10:45
Several economists are projecting that the yearly inflation of Indonesia as of December 2024 will increase approximately to 1.6% year-on-year (yoy).
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).
Banks to receive liquidity support of IDR 290 trillion in 2025
19 Dec 2024 07:22
Bank Indonesia (BI) will increase the portion of the Macroprudential Liquidity Incentive Policy (KLM) assistance to IDR 290 trillion for hundreds of banks starting next year.
Pemberton Asian Opportunities owns 6.29% stake in PZZA
17 Dec 2024 14:25
Pemberton Asian Opportunities Fund (PAOF) is known to have increased its share portion by 1.33% to 6.29% from the previous 4.96% in PT Sarimelati Kencana Tbk (PZZA), the manager of Pizza Hut outlets, in a transaction last week (12/12 ).
Morning session caught EXCL and FREN declining
11 Dec 2024 13:52
Both PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN) were seen corrected at the end of morning session today (11/12) following the merger plan.