JAKARTA – PT Delta Giri Wacana Tbk (DGWG), a producer of chemicals for the agricultural industry, officially listed on the Indonesia Stock Exchange (IDX) today (13/1). DGWG offered 882.35 million shares with a nominal value of IDR 100 per share to the public, representing 15% of its issued and paid-up capital after the IPO. With...
JAKARTA – PT Indika Energy Tbk (INDY) has appointed Macmahon Holding Limited to develop the Awak Mas gold mining project in South Sulawesi. The Awak Mas gold mine spans a concession area of 14,390 hectares. Adi Pramono, Corporate Secretary of INDY, announced that the mining services contract is valued at USD 463 million for a...
JAKARTA –PT Cashlez Worldwide Indonesia Tbk (CASH) has a new president director on board, Willy Chandry, who was appointed during Extraordinary General Meeting of Shareholders last Thursday (9/1). Chandry is replacing Irianto Kusumadjaja. His new appointment is expected to be a strategic measure to boost the company’s performance to the next level. In the information...
JAKARTA – PT Bank Syariah Indonesia Tbk (BRIS) or BSI recorded a transaction volume of IDR 85 trillion in Government Sharia Securities (SBSN) from January to November 2024, marking a growth of 65.38%. Anton Sukarna, Director of Sales & Distribution at BSI, in an official statement, revealed that the increase in SBSN transactions achieved by...
Australia posted a seasonally adjusted merchandise trade surplus of A$7.079 billion November, the Australian Bureau of Statistics said on Thursday. That beat expectations for a surplus of A$5.750 billion following the upwardly revised A$5.670 billion surplus in October (originally A$5.593 billion). Exports were up 4.8 percent on month to A$43.816 billion, up from the downwardly...
The value of retail sales in Australia was up a seasonally adjusted 0.8 percent on month in November, the Australian Bureau of Statistics said on Thursday - coming in at A$37.052 billion. That was shy of expectations for an increase of 1.0 percent but was up from 0.6 percent in October. Among the individual components,...
The China stock market has moved higher in back-to-back sessions, collecting almost 25 points or 0.8 percent along the way. The Shanghai Composite Index now sits just above the 3,230-point plateau although it may spin its wheels on Thursday. The global forecast for the Asian markets is flat and directionless on conflicting leads over the...
The Indonesia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced almost 130 points or 1.8 percent. The Jakarta Composite Index now sits just above the 7,080-point plateau and its expected to stay in that neighborhood again on Thursday. The...
Consumer prices in China were flat on month in December, the National Bureau of Statistics said on Thursday That exceeded expectations for a decline of 0.2 percent following the 0.6 percent drop in November. On a yearly basis, consumer prices were up 0.1 percent - matching forecasts and easing from 0.2 percent in the previous...
JAKARTA -PT Indonesian Paradise Property Tbk (INPP) bags IDR 652.65 billion from divesting 36.7% of PT Narpati Arjaya Properti (NAP) to Hankyu Hanshin Properties ID-BWC LLC, Japan. After this transaction, INPP’s portion in NAP is down to 55.22%. Ispandiati Makmur, Corporate Secretary of INPP, mentioned that the number of NAP’s shares that was divested stood...