Daily Insights Archive

Energy Round Up August 18, 2022

After several delays, the Jambaran-Tiung Biru (JTB) Joint Gas Field Project, located in Bojonegoro, East Java, finally executed the first gas-in on August 14.

Corporate Actions Round-Up August 18, 2022

Indonesia’s largest Islamic bank, PT Bank Syariah Indonesia Tbk (BRIS), will raise capital through a rights issue, offering 6 billion series B shares with a nominal value of Rp 500 per share.

Tsingshan to Divests Indonesian Asset to Baowu Steel

China's stainless steel and nickel giant Tsingshan Holding Group is considering selling some of its assets in Indonesia to China Baowu Steel Group, the world's top steel producer.

Govt Pursues Nusantara Development Target

The government allocates Rp23.6 trillion for the National Capital City (IKN) Nusantara project in 2023, pursuing to complete the core area by 2024.