Bank Mandiri (BMRI) has just released its FY24 financial report with a slightly below market expectations. Although profit is still growing slightly on an annual basis, operating cost pressures in the last quarter have caused…
BBRI: Bank Rakyat Indonesia Plans to Buyback Shares…
🔄 BRI Stock Buyback Action Bank Rakyat Indonesia (BBRI) recently announced an ambitious plan to hold a share buyback with a fund allocation of Rp3 trillion. This move is part of their strategy to increase…
Inflation in Indonesia: What Will Happen in January…
The latest data from the Central Statistics Agency (BPS) shows that consumer price index (CPI) inflation in Indonesia will decline surprisingly in January 2025. CPI inflation sloped to 0.76% YoY, compared to 1.57% YoY in…
Hanwha Life: Plans to Acquire 40% of Nobu…
Interesting news comes from the corporate world, where Hanwha Life Insurance Co., Ltd. recently announced its plans to acquire about 3 billion (40%) shares of NOBU or Nationalnobu Bank. This transaction is expected to be…
JPFA: Japfa Comfeed Indonesia’s Parent Company Will Go…
Indonesia's animal feed industry is back in the spotlight after Japfa Comfeed Indonesia (JPFA) announced an ambitious plan to acquire the remaining ownership in its parent company, Japfa Ltd. (SGX: JAP). This move certainly triggered…
The Rise of the Rupiah Exchange Rate and…
The rupiah exchange rate against the US dollar strengthened by 0.66% to reach the level of 16,173 on Friday, January 24, 2025. This indicates the ongoing strengthening over the last five days and recorded an…
Oil Price Decline and Interest Rates: US President’s…
At the World Economic Forum held in Davos, Switzerland on Thursday, January 23, the President of the United States, Donald Trump, issued an appeal that shook the economic world. He called on Saudi Arabia and…
Bank Central Asia’s (BBCA) Glorious Achievement in FY24:…
Bank Central Asia (BCA) $BBCA just reported a very surprising result! In the fourth quarter of 2024 (4Q24), BCA recorded a net profit of 13.8 trillion rupiah, despite a decline of 3% QoQ, but still…
Japan’s Central Bank Interest Rate Hike: What Does…
Recently, the Central Bank of Japan (BOJ) made a major decision that could affect global financial markets. According to a report from Nikkei Asia, the BOJ is expected to raise interest rates by 25 bps…