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In the same year on 10 November, the Government of Indonesia issued Act Number 8 of 1995 on Capital Markets. This law came into effect in January 1996. The Indonesia Parallel Exchange was then merged with the Surabaya Stock Exchange. Then one year later, on 6 August 1996, the Indonesian Clearing and Guarantee Corporation (KPEI) was established.
PT Wings Surya, also known as the Wings Group or simply Wings, is an Indonesian multinational consumer goods company headquartered in Surabaya. It was founded on 21 September 1948 as Fa Wings, by Johannes Ferdinand Katuari and Harjo Sutanto. [1]
The agency was created in 2011 under the Law No. 21 of 2011 as an independent institution responsible for regulating and supervising Indonesia’s financial sector. [4] It was created to replace the financial oversight functions previously held by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), ensuring a more integrated and comprehensive ...
Surabaya [a] is the capital city of East Java province and the second-largest city in Indonesia, after Jakarta. Located on the northeastern corner of Java island, ...
PT Bank Central Asia Tbk, commonly known as Bank Central Asia (BCA) is an Indonesian bank founded on 21 February 1957.It is the largest private bank in Indonesia with assets amounting to Rp 5.529,83 trillion (US$308,5 billion) as of 2022. [2]
As a satellite region and part of Greater Surabaya, the Sidoarjo economy is valued at 197.24 Trillion IDR in 2020 and is the second-largest [6] in East Java after Surabaya. Primary Sector. Although Sidoarjo Regency's land area is relatively small and densely populated, the primary sector still maintains a role in Sidoarjo's economy.
Astra Agro Lestari Tbk. (AAL) is the second biggest palm oil company in Indonesia.It is a subsidiary of PT Astra International Tbk. At least in 2004, it controlled extensive land banks. [2]
Suparma was founded on 25 August 1976 by Welly in Surabaya.In April 1978, Suparma commercially turned into a limited company.The company operates in papermaking.Suparma produces various types of paper which can be classified into two major groups, namely industrial products and consumer products.