JAKARTA – PT Bank Negara Indonesia Tbk (Persero) (BBNI) has reaffirmed its commitment to supporting the governments initiative to expand financing access for Indonesian Migrant Workers (PMI), particularly through the People’s Business Credit (KUR) program. The program is designed to facilitate easier access to financing for PMIs, supporting their employment abroad. Royke Tumilaar, President Director...
JAKARTA – PT Bumi Resources Tbk (BUMI)andPT Bumi Resources Minerals Tbk (BRMS) secured the top positions in net foreign buy transactions during stock trading on Thursday (9/1). According to data compiled by IDNFinancials, BUMI recorded a net foreign buy of 117.96 million shares, with foreign purchases amounting to 167.13 million shares and foreign sales reaching...
JAKARTA – Foreign investor stock transactions ended Thursday, January 9, with a net sell of 456 million shares. Foreigners purchased almost 2.64 billion shares, while over 3.10 billion shares were sold. With 745.71 million shares, PT GOTO Gojek Tokopedia Tbk (GOTO), the parent company of digital services, had the greatest net sell of the day....
JAKARTA - The Composite Stock Price Index (JCI) corrected 0.22% or 15.76 points to 7,064.59 on Thursday (9/10), continuing the slight correction that occurred the previous day. The Indonesia Stock Exchange (IDX) recorded the volume of shares traded yesterday at 16.25 billion shares. The value of trading transactions reached IDR 7.86 trillion or equivalent to...
JAKARTA –PT Bukalapak.com Tbk (BUKA) announced the closure of its marketplace on Tuesday (7/1), as part of a broader business transformation strategy. In an official statement, Bukalapaks management confirmed that electronic products, gadgets, fashion items, and other physical goods will no longer be available on Bukalapak.com. Going forward, the company will focus on selling virtual...
JAKARTA – PT Tanah Laut Tbk (INDX) has committed to contributing to the development of Indonesias palm sector through its palm downstream strategy. Dera Fresky, Corporate Secretary of INDX, highlighted that Indonesia is rich in palm resources. This potential, according to Dera, can be optimised to improve community welfare while delivering added value to shareholders....
JAKARTA – PT Garuda Indonesia (Persero) Tbk (GIAA) increased its ownership in PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) to 91.76% from 89.1% as of December 30, 2024. According to the disclosure cited on Wednesday (8/1), GIAA purchased 9.09 billion GMFI shares at Rp46 per share, amounting to a total transaction value of IDR...
JAKARTA – Indonesia has officially joined the BRICS economic bloc (Brazil, Russia, India, China, and South Africa) after receiving approval from several members, with the announcement made by the Brazilian government on Monday (6/1). Indonesia shares with other BRICS members the support for reforming global governance institutions and contributing positively to deepening cooperation in the...
JAKARTA - PT Raharja Energy Cepu Tbk (RATU), a company engaged in the oil and gas sector, officially listed its shares on the Indonesia Stock Exchange (IDX), Wednesday (8/1). In the first trading session, RATU shares rose 24.78%, almost touching the upper auto rejection limit (ARA), to IDR 1,435 from the offering price of IDR...
JAKARTA - PT Kentanix Supra International Tbk (KSIX) officially listed its shares on the Indonesia Stock Exchange (IDX), Wednesday (8/1). President Director of PT Kentanix Supra International Tbk, Ferdinand Aryanto, said that around 61.5% of the proceeds from the IPO will be used as working capital for infrastructure development. ‘In addition, it will also be...