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Astra-International

Astra donates 30 ventilators to three hospitals
Business 5 years ago

Astra donates 30 ventilators to three hospitals

In total, Astra has donated three aid packages worth around Rp 106 billion since the COVID-19 pandemic began.
Astra, Standard Chartered sell Bank Permata at lower price to Bangkok Bank
Business 5 years ago

Astra, Standard Chartered sell Bank Permata at lower price to Bangkok Bank

The purchasing price was changed to 1.63 times Bank Permata’s book value from 1.77 times its book value.
Aviva announces exit, sells entire stake in Indonesian joint venture
Business 6 years ago

Aviva announces exit, sells entire stake in Indonesian joint venture

British insurance company Aviva Holding Ltd. has announced its exit from Indonesia, selling all its shares in its joint venture in the country, PT Astra Aviva Life (Astra Life), to its partner, PT Astra International.
Astra International profits hit by lower car sales, commodity prices
Business 6 years ago

Astra International profits hit by lower car sales, commodity prices

Astra pocketed Rp 21.7 trillion (US$1.57 billion) in net profit last year, barely unchanged from its achievement in 2018.
Auto industry poised to recover this year after sales hit brakes in 2019
Business 6 years ago

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Auto industry poised to recover this year after sales hit brakes in 2019

The industry sold about 1.03 million units between January and December 2019, down by about 10.8 percent compared to the 1.15 million units sold in 2018.
Mergers, acquisitions in banking industry mark 2019 despite weak loan growth
Business 6 years ago

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Mergers, acquisitions in banking industry mark 2019 despite weak loan growth

Loan growth slowed to 6.53 percent in October year-on-year, the lowest level since 2016.
Hopes high for Bank Permata after acquisition by Bangkok Bank
Business 6 years ago

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Hopes high for Bank Permata after acquisition by Bangkok Bank

The majority of Bank Permata shares are currently owned by British financial giant Standard Chartered and Indonesian diversified conglomerate PT Astra International.
Bangkok Bank to acquire Bank Permata from Astra, Standard Chartered for $2.67b
Business 6 years ago

Bangkok Bank to acquire Bank Permata from Astra, Standard Chartered for $2.67b

Bangkok Bank has agreed to buy 89.1 percent of publicly listed Bank Permata for around US$2.67 billion as part of its overseas expansion.
Our country can't be pressured: Jokowi talks trade strategies
Business 6 years ago

Our country can't be pressured: Jokowi talks trade strategies

The President said on Thursday that by reducing imports and boosting exports, the current account deficit could be narrowed and create a stronger comparative advantage for the country. 
Lower commodity prices hit Isuzu, Daihatsu commercial vehicle sales
Business 6 years ago

Lower commodity prices hit Isuzu, Daihatsu commercial vehicle sales

The positive sales performance of the new Isuzu Traga pickup could not halt the fall in overall commercial vehicle sales.
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