Bitcoin is likened to digital real estate, with strategic value for national reserves and future economic leadership.The U.S. risks losing its global edge unless it prioritizes Bitcoin as a key digital asset for the future. Anthony Pompliano, the founder and CEO of Pomp Investments, recently spoke on Fox Business about Bitcoin’s strategic importance to the...
Satu Visi Putra Tbk (VISI), a wholesale trading company for advertising and printing materials, has acquired extra credit facility from PT Bank Central Asia Tbk (BBCA) or BCA. The supplement for this credit facility is limit extension of IDR 4 billion. Prior to this, VISI had obtained a working capital credit worth IDR 10 billion...
JAKARTA. PT Superkrane Mitra Utama Tbk (SKRN), a company engaged in the construction equipment rental business, is planning an interim dividend distribution of IDR 320.3 billion. Eddy Gunawin, Corporate Secretary of SKRN, mentioned that the plan is arranged according to the decision of the board of directors made a couple of days ago. “It had...
Petrosea Tbk (PTRO) has established another new subsidiary called PT Lintas Kelola Berlaba (LKB) through one of its existing subsidiaries, PT Petrosea Infrastruktur Nusantara (PIN). “The intention and purpose of LKB formation is to engage in mining services field, as well as professional, scientific, and technical activities,” added Anto Broto, Corporate Secretary of PTRO, in...
JAKARTA - Stock buying activity by foreign investors on Tuesday, November 12, resulted in foreign buying volume reaching 5.65 billion shares. Meanwhile, foreign sales volume stood at 5.37 billion shares. As a result, net foreign volume ended at 279.49 million shares. Foreign investors began the top buy list by purchasing 1.94 billion shares of coal...
JAKARTA - On Wednesday, November 13, foreign selling volume (4.68 billion shares) outpaced foreign buying volume (3.68 billion shares). This disparity caused the net foreign volume to fall to -996.41 million shares. One of the factors contributing to the high foreign sales volume was the sale of shares in the digital company PT GoTo Gojek...
The Indonesia stock market has finished lower in four straight sessions, shedding almost 190 points or 2.5 percent along the way. The Jakarta Composite Index now rests just beneath the 7,135-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is cautiously optimistic, with technology and oil stocks...
The Thai stock market on Monday ended the two-day losing streak in which it had slumped almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and its got a positive lead again for Tuesdays trade. The global forecast for the Asian markets is cautiously optimistic, with...
Industrial production in China was up 5.3 percent on year in October, the National Bureau of Statistics said on Friday - slowing from 5.4 percent in September and missing expectations for 5.5 percent. Retail sales jumped an annual 4.8 percent, beating forecasts for 3.8 percent and up sharply from 3.2 percent in the previous month....
Indian stock markets remain closed today on account of Guru Nanak Jayanti. Benchmark indexes Sensex and Nifty ended marginally lower on Thursday, extending losses for a sixth straight session as foreign investors continued selling domestic equities. The rupee settled at a new low of 84.41 against the dollar. Domestic institutional investors (DIIs) bought shares worth...