• Which Listed Companies in Indonesia Plan a Share Buyback in 2018?

    More than a dozen companies that are listed on the Indonesia Stock Exchange announced share buyback programs in 2018 in an effort to stabilize their share prices amid heavy volatile times. Indonesian publicly-listed companies that have announced their share buybacks include Nippon Indosari Corpindo, Bumi Serpong Damai and link Net.

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  • IPO News Indonesia: Food Producer GarudaFood to List in 2018?

    Before the end of 2018 we might be witnessing the trading debut of a "giant company" in Indonesia. Reportedly, food and beverage producer GarudaFood is preparing its initial public offering (IPO) on the Indonesia Stock Exchange. Next week the company, which is part of the Tudung Group (established by Darmo Putro), is expected to conduct a mini expose at the Indonesia Stock Exchange.

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  • Sarana Multi Infrastruktur First Indonesian Company to Sell Green Bonds

    Sarana Multi Infrastruktur (SMI), a fully state-owned infrastructure financing company that plays an active role in facilitating infrastructure development across Indonesia, became the first corporate entity to issue green bonds in Indonesia. The green bonds were listed on the Indonesia Stock Exchange on Tuesday morning (10/07).

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  • Indonesia Launched the Online Single Submission Licensing System

    In an effort to boost domestic and foreign direct investment, the Indonesian government launched the online single submission (OSS) licensing system on Monday (09/07). The system, which is based on (1) Presidential Regulation No. 91/2017 on the Acceleration of Business Implementation and (2) Government Regulation No. 24/2018 on the Electronically Integrated Business Licensing Service, was designed to cut lengthy bureaucratic procedures (red tape), thus attract more direct investment.

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