DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Iman Rachman - 1 Joko Widodo - 1 Edgar Su - 1 Jokowi - 1 Luhut - 1 Stefanno Sulaiman - 1 Gayatri Suroyo - 1 Martin Petty - 1
Top related locs:
Indonesia Singapore Rights JAKARTA North Sulawesi Paris
Top related orgs:
Indonesia Stock Exchange - 2 Nusantara - 1 REUTERS - 1 Rights - 1 Tuesday - 1 Pertamina - 1 Bank Central Asia - 1 Bank - 1

Search resuls for: "Indonesia Stock Exchange"


7 mentions found


☆ Head of Indonesia Stock Exchange on election impact on market
  + stars: | 2024-02-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPresident Director of Indonesia Stock Exchange discusses the election impact's on marketIman Rachman, President Director of Indonesia Stock Exchange says they are encouraging more domestic investors to participate in the Indonesia equity market.
Persons: Iman Rachman Organizations: Indonesia Stock Exchange Locations: Indonesia
☆ Indonesia's president launches carbon emissions credit trading
  + stars: | 2023-09-26 | by ( Stefanno Sulaiman | ) www.reuters.com   time to read: +3 min
Indonesia's President Joko Widodo speaks about the planned new capital Nusantara, at Ecosperity Week in Singapore June 7, 2023. REUTERS/Edgar Su/File Photo Acquire Licensing RightsJAKARTA, Sept 26 (Reuters) - Indonesian President Joko Widodo on Tuesday launched the country's first carbon emission credit trading, with the aim of creating a market to fund cuts in greenhouse gas emissions and become a major participant in the global carbon trade. Jokowi, as the president is popularly known, said Indonesia has tremendous potential for carbon reduction efforts, particularly nature-based solutions, and its carbon market could grow to 3,000 trillion rupiah ($194.30 billion). Some of Indonesia's biggest coal power plants have begun trading emission allowances since February. Transactions in the emission trading system are recorded using blockchain technology, Luhut said.
Persons: Joko Widodo, Edgar Su, Jokowi, Luhut, Stefanno Sulaiman, Gayatri Suroyo, Martin Petty Organizations: Nusantara, REUTERS, Rights, Tuesday, Pertamina, Indonesia Stock Exchange, Bank Central Asia, Bank, Christian, Thomson Locations: Singapore, Rights JAKARTA, Indonesia, North Sulawesi, Paris
☆ The 2023 CNBC Disruptor 50: How we chose the companies
  + stars: | 2023-05-09 | by ( David Spiegel | ) www.cnbc.com   time to read: +5 min
The last Disruptor 50 company to go public was Gojek, which debuted on the Indonesia Stock Exchange more than a year ago. The last Disruptor 50 IPO in the U.S. market, Nubank , happened on December 9, 2021. Here's how we chose them:All private, independently owned startup companies founded after Jan. 1, 2008, were eligible to be nominated for the Disruptor 50 list. The 2023 list also features the first founder to have two companies make the Disruptor 50 (Rodney Williams of SoLo Funds). Imagine what that number could have been a year or two ago …Special thanks to the 2023 CNBC Disruptor 50 Advisory Council, who again offered us their time and insights.
☆ Shares of Indonesia's GoTo fall more than 4% as 2022 loss swells to $2.6 billion
  + stars: | 2023-03-21 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +2 min
GoTo Group posted a wider full-year 2022 net loss of 40.4 trillion rupiah ($2.63 billion) in its latest earnings report. Shares of GoTo Group fell as much as 4.62% on Tuesday after the Indonesian tech giant's annual net loss for 2022 widened. The full-year net loss came in at 40.4 trillion Indonesian rupiah ($2.63 billion) last year, according to its latest earnings report. Here are the key takeaways:Net revenue: 11.3 trillion rupiah, vs. 5.2 trillion rupiah in 2021Adjusted loss before interest, taxes, depreciation and amortization: 16 trillion rupiah, vs. 16.5 trillion rupiah in 2021Net loss: 40.4 trillion rupiah, vs. 25.9 trillion rupiah in 2021And in the fourth quarter of 2022:Net revenue: 3.4 trillion rupiah, vs. 4.5 trillion rupiah in the third quarterAdjusted EBITDA loss: 3.1 trillion rupiah, vs. 3.7 trillion rupiah in the previous quarterGoTo, the combined entity between ride-hailing giant Gojek and e-commerce marketplace Tokopedia, went public on the Indonesia Stock Exchange last April. "This strategy enabled us to reduce incentives and product marketing in fourth quarter 2022 by 34%, or 2.8 trillion rupiah, year-on-year.
☆ Indonesia’s GoTo to cut 1,300 jobs — or about 12% of its headcount
  + stars: | 2022-11-18 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
A GoTo logo seen displayed on a smartphone screen and in the background. Indonesian tech giant GoTo Group announced Friday that it is laying off 1,300 people, or around 12% of its total headcount. GoTo is the merged entity of ride-hailing company Gojek and online marketplace Tokopedia. The company announced Friday that "a reduction in staffing levels that will sadly affect 1,300 people or approximately 12% of employees, across the GoTo group." Previous reports by local and foreign media said that GoTo, which went public on the Indonesia Stock Exchange in April 2022, was planning to cut 10% of its total workforce amid economic headwinds.
☆ IPO funds raised by Southeast Asian companies fall amid economic headwinds
  + stars: | 2022-11-16 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
Photographer: Dimas Ardian/Bloomberg via Getty ImagesThe funds raised by public listings in Southeast Asia fell by 52% this year compared to a year ago, data from Deloitte showed. Initial public offering (IPO) funds raised by companies in the region reached $6.3 billion from the January to Nov. 11 period, the management consulting company said. The findings also revealed that only eight large and medium-sized companies listed in 2022, less than half of the 19 large- and medium-sized companies that were listed in 2021. IPO activity in Southeast Asia was lower this year, with only two blockbuster IPOs — Indonesia's GoTo which raised $1.1 billion and Thai Life Insurance with $1 billion raised. This could mean that the bigger companies are holding out and postponing their listings in anticipation of better market conditions, Deloitte said.
☆ Indonesia share sale contortion is necessary evil
  + stars: | 2022-11-04 | by ( Pranav Kiran Una Galani | Pranav Kiran | Una Galani | ) www.reuters.com   time to read: +3 min
The initial public offering of the ride-hailing-to-online-shopping giant at a $28 billion market capitalisation in April was a landmark deal on the back of relaxed listing rules. Now GoTo will have to manage a big contortion in the $570 billion stock market. At a stretch, GoTo’s involvement might prevent a further price slump on the company’s current $15 billion market value. The company sold nearly $1 billion of stock at a multiple of 17 times forecast revenue for 2023. The meddling in the secondary market looks like a necessary evil.
0 next >>
Total: 7