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East Ventures’ strategic plan to invest startups in 2023
In 2023, East Ventures aims to focus on startup founders and discover investment potential in...
Buana Resources Capital’s new CEO proposes multimillion-dollar investment plan to boost Wailawi PSC gas output
Edward Kabes, formerly a Director at energy logistics provider Ants Energy Indonesia, explained that the...
OJK: The banking credit accelerates to $407m as of November 2022
According to the report, the investment credit growth of 13.15% annually influences banking credit improvement....
Non-oil and gas export in Indonesia to reach US$289.76 billion in 2023
Non-oil and gas export value reached US$253.61 billion in January-November 2022, exceeding the achievement in...
Corridor Block operated by Medco E&P exceeds the 2022 lifting target
Corridor Block located in South Sumatra produces gas lifting of more than 770 MMSCFD, 107%...
Garuda Indonesia officially wraps up the restructuring process
As a part of the restructuring process, GIIA has also fulfilled the Peace Treaty realization,...
Retail and tourism is predicted to grow above 4%, following the lifting of covid-19 restrictions
Kadin projects that the retail industry sector will grow by 4.4-4.8% and the tourism sector...
Semen Indonesia (SMGR) acquires a 83.52% of SMCB stocks
The SMGR strategic acquisition of SMCB shares has spent a transaction value of Rp10.99 trillion...
Victoria Bank (BVIC) realizes its core capital fulfillment of USD192m
The devastation transaction move is anticipated to positively impact Victoria's core capital enhancement to around...
GRP gains a sustainability-linked loan of $32 million from BNI
The fund will be allocated to advance GRP's sustainable initiative, including the recently inaugurated Light...
Telkom builds a 51 MW data center in Batam, partnering with Medco and SingTel
Telkom targets to conquer 400 MW of the total need for data centers in Indonesia...
Collaborating with Astro, Xendit provides more than 10 payment methods
Among all the payment methods provided by Xendit, Astro's consumers prefer to pay through a...
BBRI dispenses an Interim Dividend of $554m in January 2023
An interim dividend of US$295 million will be paid to the government, and the remaining...
Belida Extension Project starts onstream, adding 30 MMSCFD of gas production
Belida Extension Project operated by Medco E&P consists of Malong offshore platform and Belida North...
BELI completes 18.5 million shares in the first MESOP phase
In the first phase of MESOP implementation, Blibli company obtained capital worth US$510,468, or nearly...
Key approaches to reinforcing Indonesia’s fisheries as pillar of food security
Absorption of fishery products for the domestic market in 2021 reached 12.66 million tons, higher...
Akulaku officially receives a $200m investment from MUFG
The investment is also part of the digitalization enlargement moves of MUFG company in Southeast...
