Search result for: "Market capitalization"

S&P Downgrade ASRI Rating with Negative Outlook. The Standard & Poor’s (S&P) rating agency Global Ratings lowers the debt rating of Alam Sutera Realty Tbk (ASRI) from B to B– with negative outlook. The rating decline also applies to the unsecured senior bonds of ASRI. The rating decline reflects the expectation.

Giant Conglomerations Compete on Fintech Lending. The conglomerate network in the financial technology (fintech) lending is increasingly spurs. Moreover, giant conglomerations in Indonesia are participating in the online lending.

Metro Pacific IPO worth USD 1.6 Billion. Metro Pacific Investment Corp, prepares to attract large funds from the Philippine stock market. The company, which is part owned by the Salim Group, will take off the stock of the Initial Public Offering.

The Impact of Fintech on BBCA Payment Business. The payment platform offered by the financial technology (fintech) company slowly began to erode the debit card business and bank credit.

BRIS: Not Participate in Offering SBR008. The government officially offers the SBR008 Savings Bond series starting Thursday (09/05). For those of you who are interested in putting idle funds on this minimal risk investment, you have time to buy it until September 19th. Director General of Financing.

POWR: Google Cloud Require Stable Power Supply. Google reaffirmed its plans to build a Cloud Region infrastructure in Indonesia, especially in Jakarta, which operated on 1H20. It is part of the company’s commitment.

ARKA: Pursuing Revenue Targets. Arkha Jayanti Persada Tbk (ARKA) pursues revenue target for this year amounting to IDR 160 Bn. The Target was 53% higher than the realization of ARKA revenue in 2018 of IDR 104 Bn. Even so, up to 1H19, the new ARKA recorded revenues of IDR 50.79.

BBCA: Ralali.com Simplify SMEs. In the middle of this year, the platform for Business to Business (B2B), Ralali.com has partner with several fintech partners to provide convenience for Small Medium Enterprise (SMEs) to.

MCAS Cooperation with Kejora Ventures. Finance company, M Cash Integration Tbk (MCAS) signed a sale and purchase agreement with Kejora Ventures. MCAS sells about 10% of its shares in the Distribusi Voucher Nusantara Tbk.

BRIS: Opportunity in Qanun Lembaga Keuangan Syariah. Capturing the opportunity of Qanun Lembaga Keuangan Syariah (Qanun LKS) in the province of Aceh. Bank BRIsyariah Tbk (BRIS) has begun to convert its parent business.