The Indonesian Stock Exchange (IDX) is currently conducting an examination of the shares of mining company Petrindo Jaya Kreasi (CUAN), which has been suspended twice by the IDX. IDX monitors all of Prajogo Pangestu-controlled entities on the stock exchange, including Barito Renewables (BREN), not limited to CUAN.
Read MoreMining contractor Delta Dunia Makmur (DOID) announced on Tuesday (January 2) that its subsidiary PT Bukit Makmur Mandiri Utama received a syndicated credit facility of US$750 million, equivalent to Rp11.61 trillion from Bank Negara Indonesia (BBNI). Said facility has tenor of 69 months or due in 2029.
Read MoreGold finished the year at $2,063 an ounce, climbing more than 13% in 2023 for its first annual gain in three years, and logging a new record high within the year mostly supported by expectations that the major central banks will...
Read MoreThe S&P Global Indonesia Manufacturing PMI increased to 52.2 in December 2023 from 51.7 in the prior month. It was the 28th straight month of expansion in factory activity and the strongest pace since September, as output...
Read MoreThe Indonesian Stock Exchange (BEI) said there were 30 companies queuing to conduct an initial public offering (IPO) as of December 29, 2023. Nine of them have huge assets of more than Rp250 billion. As of December 29 2023,...
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