Consumer goods giant PT Unilever Indonesia is planning to split its stocks in order to make them more affordable to retail investors.
"We think that the current share price is too high; that's why we feel that we need to split them," said director Sancoyo Antarikso in a statement onRead more..
A year after the implementation of an integrated online single submission (OSS) system for business licensing, businesspeople claim they have yet to benefit from the system as it is just as or even more complicated than the old one and costs more.
Indonesian Employers Association (Apindo) public policy chairmanRead more..
State-owned construction firm Waskita Karya has set its sights on investing in a number of public-private partnership (PPP) projects in Indonesia's new capital city in North Penajam Paser and Kutai Kartanegara, East Kalimantan. The firm is currently in a preparation and discussion process to participate in theRead more..
Foreign investors are preferring Indonesian bonds over stocks amid signs of slowing global economic activities, Financial Services Authority (OJK) data shows.
Foreign net buys at the bond market reached Rp 16.7 trillion (US$1.17 billion) last week, while bond yields strengthened by 8.9 basis points (bps)Read more..
The government is on high alert over a possible increase in tax shortfall this year as the economic slowdown is likely to continue until the end of the year.
Sluggish economic growth since early this year has begun to hurt the government’s tax revenue, which contributes the larger part of the stateRead more..