Global Focus Financial News

JAKARTA - On Monday, December 9, PT Adaro Strategic Investments made the decision to purchase about 3.20 billion shares ofPT Adaro Andalan Indonesia Tbk (AADI)so as to become a new shareholder. Adaro Strategic now officially owns 24.05% of the thermal coalparent companys shares through BUT Deutsche Bank AG and five more securities firms. In the...

JAKARTA - PT Nusantara Sawit Sejahtera Tbk (NSSS) projects that the growth of palm oil prices will not be much different from this year, ranging from 4,000 - 5,000 Malaysian ringgit per tonne. Nusantara Sawit Sejahtera Director Kurniadi Patriawan said the current CPO price, as shown by the companys average selling price (ASP), is IDR...

JAKARTA - Jon Fieris reduced the volume of his shares in PT Hotel Fitra International Tbk (FITT) gradually by 9.2% in the last two weeks of December 2024. The total share sale transaction was recorded at IDR 11.47 billion. Based on the data compiled by IDN Financials, Monday (16/12), it shows that Jon Fieris owns...

JAKARTA. The Indonesian government has officially announced an increase in Value Added Tax (VAT) to 12% and will take effect from January 1, 2025. Airlangga Hartarto, Coordinating Minister for Economic Affairs, said the determination was in line with the Law on Harmonization of Tax Regulations (UU HPP). In accordance with the mandate of the HPP...

JAKARTA - PT Goto Gojek Tokopedia Tbk (GOTO) posted net foreign shares of 1.44 billion, placing it at the top of top net foreign shares at the closing bell, Monday (16/12). Based on the data compiled by IDN Financials, it shows that the largest e-commerce platform issuer recorded foreign buys of 3.23 billion and foreign...