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' Indonesia Trading Company '), or PPI, is the only Indonesian state-owned trading house. Its business is in export , import and distribution . PPI was formed through the merger of three former so-called "Niaga" companies, state-owned trading companies PT Tjipta Niaga, PT Dharma Niaga and PT Pantja Niaga, on 31 March 2003.
On 27 June 2022, JKT48 officially became part of IDN, which was mediated by Reisman Sabaru & Partners Strategic (RSPS), a law firm based in Jakarta, with the group's new company name being PT Indonesia Musik Nusantara [19] and under license from Vernalossom Co. Ltd. (via Superball Inc.) from Japan.
In April 2019, MUFG announced the merger of Danamon and Bank Nusantara Parahyangan (BNP). The merger resulted in MUFG becoming the majority shareholders with 94.1% stake of Bank Danamon. [4] In December 2019, Danamon sold most of its share of Adira Insurance to Zurich Insurance Company, making Danamon a minority shareholder. [5]
Hana Financial Group: Bank HSBC Indonesia: 15 May 1989 HSBC: Bank IBK Indonesia: 13 November 1973 Industrial Bank of Korea: Bank ICBC Indonesia: 15 May 1970 ICBC: Bank Ina Perdana: 9 February 1990 Salim Group: Bank Index Selindo: 30 July 1992 PT Kazanah Indexindo J Trust Bank: 30 May 1989 J Trust KB Bank: 10 July 1970 KB Financial Group: Bank ...
A universal bank is a type of bank which participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance. These are also called full-service financial firms, although there can also be full-service investment banks which provide wealth and ...
On September 7, 2018, the World Wide Fund for Nature (WWF) openly recommended that companies and financial investors end their business relationships with APP and its affiliates. [ 8 ] In 2015, Sinar Mas through APP Sinar Mas introduced the "Desa Makmur Peduli Api" (DMPA) program as a development of various public empowerment programs it had ...
One year later on 21 December 1993, PT Pemeringkat Efek Indonesia (PEFINDO) was established. On 22 May 1995, the Jakarta Stock Exchange launched a trading automated system which was implemented using the JATS (Jakarta Automated Trading Systems) computer system. In the same year on 10 November, the Government of Indonesia issued Act Number 8 of ...
Bank Dagang Negara, formerly Escomptobank, also predecessor to ABN AMRO; Bank Pembangunan Indonesia (Bapindo), state-owned since establishment; Bank Rakyat Indonesia was known as 1845: "Purwokertoan Assistance and Savings Bank for Native Aristocrats" (Dutch: De Purwokertosche Hulp- en Spaarbank der Inlandsche Hoofden).