IDX’s New Calculation Reflects Fairer Value of Shares

IDX’s New Calculation Reflects Fairer Value of Shares

The Indonesia Stock Exchange trading floor. (JP/Wienda Parwitasari)The Indonesia Stock Exchange’s (IDX) free-float methodology to be introduced on Feb. 1 is expected to encourage listed companies to increase the number of shares available for the public, securities...
BNI pursues Rp 4 Trillion Acquisition Plan

BNI pursues Rp 4 Trillion Acquisition Plan

The BNI head office in Central Jakarta, Wisma BNI, is dubbed “the fountain pen” for its unique design. (tribunnews.com/File)State-owned lender Bank Negara Indonesia (BNI) is planning to acquire several small banks and a general insurance company to...
State Banks Cautious on Loan Growth Target

State Banks Cautious on Loan Growth Target

A bank teller counts money. The banking industry in Indonesia is undergoing a significant transformation driven by technological change. (Shutterstock/File) The country’s four state-owned banks are taking a cautious approach this year as they set similar loan...