JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk (BRI) signed the Joint Working Agreement (PKB) for the 2024-2026 period with the BRI National Workers Union at BRI BRILiaN Tower, Jakarta (28/08). The 2024-2026 Joint Working Agreement was signed by BRI President Director, Sunarso, with the Chairman of the BRI National Workers Union, Mohammad Rizal, and...
Mandala Multifinance Tbk (MFIN), a consumer financing company, plans to distribute bonus shares worth IDR 117.5 billion. Mahrus, Corporate Secretary of MFIN, said that the corporate action is intended as a means to adjust its paid-up capital to at least IDR 250 billion. This adjustment follows the Financial Services Authority Regulation (POJK) Article 72 regarding...
JAKARTA – Shareholders of PT Solusi Sinergi Digital Tbk (WIFI) agreed upon the plan of a rights issue of 4.71 billion shares or equal to 66.67% of issued and paid-up capital. Prior to this, this corporate action failed to obtain approval during Extraordinary General Meeting of Shareholders on August 21, 2024. Yune Marketatmo, President Director...
JAKARTA – Shareholders collectively agreed upon the discharge of two commissioners and two directors of PT Mahaka Media Tbk (ABBA)in Extraordinary General Meeting of Shareholders yesterday (4/9). EGMS was joined by shareholders representing 2.13 billion shares or 54.25% of 3.93 billion shares issued by ABBA. The minutes of the meeting quoted today (6/9) showed that...
Bank of America Corp. announced that it has raised its minimum wage in the United States to $24 per hour, as part of its move to keep $25 by 2025. The increase applies to all full-time and part-time hourly positions in the U.S. With the increase, the minimum annualized salary for full-time employees in the...
The British pound strengthened against other major currencies in the European session on Tuesday, after data showed that U.K. unemployment rate dropped in the three months to July and the wage growth softened to a two-year low, signaling that the labor market conditions continued to cool. Data from the Office for National Statistics showed that...
The Singapore stock market has finished higher in two straight sessions, advancing almost 60 points or 1.8 percent along the way. The Straits Times Index now sits just above the 3,510-point plateau although it may be stuck in neutral on Wednesday. The global forecast for the Asian markets is mixed and flat ahead of key...
The Taiwan stock market has moved lower in back-to-back sessions, slumping more than 370 points or 1.7 percent along the way. The Taiwan Stock Exchange now rests just above the 21,060-point plateau although its expected to find support on Wednesday. The global forecast for the Asian markets is mixed and flat ahead of key inflation...
The China stock market on Tuesday ended the two-day slide in which it had given up more than 50 points or 1.9 percent. The Shanghai Composite Index now sits just above the 2,740-point plateau and its expected to remain in that neighborhood again on Wednesday. The global forecast for the Asian markets is mixed and...
The Hong Kong stock market on Tuesday snapped the five-day losing streak in which it had stumbled more than 800 points or 4.6 percent. The Hang Seng Index now sits just above the 17,230-point plateau and it may add to its winnings on Wednesday. The global forecast for the Asian markets is mixed and flat...