BRI

BRI Distributes IDR 48,10 Trillion Dividend at AGMS 2024

Retrieved on: 
Tuesday, March 5, 2024

JAKARTA, Indonesia, March 5, 2024 /PRNewswire/ -- PT.Bank Rakyat Indonesia (Persero) Tbk.

Key Points: 
  • JAKARTA, Indonesia, March 5, 2024 /PRNewswire/ -- PT.Bank Rakyat Indonesia (Persero) Tbk.
  • (IDX: BBRI) announced the dividend distribution of IDR48,10 trillion or IDR319 per share, (~80.04% of the attributed profit) during its Annual General Meeting of Shareholders (AGMS) 2024 in Jakarta, March 1st, reflecting the company's commitment to returning value to its shareholders.
  • This dividend, which includes an interim distribution of IDR12.67 trillion or IDR84 per share, marks a 10.59% increase from the previous year's payout.
  • The dividend payment also underscores BRI's contribution to the Indonesian economy, whose share of ownership accounts for 53.19%, with IDR25.71 trillion deposited into the State General Treasury Account.

China's support of global governance fits with its sense of history

Retrieved on: 
Tuesday, March 5, 2024

The Global Times selected the opinions of foreign scholars to shed light on these concepts.

Key Points: 
  • The Global Times selected the opinions of foreign scholars to shed light on these concepts.
  • China is very much in favor of global institutions and global governance, and it does everything it can to support them.
  • And global governance, as we know it today, is bringing people together with shared values and shared purposes, like the Millennium Development Goals.
  • So I think it fits very neatly with Chinese history.

CGTN: How China-proposed BRI helps incense-makers go global

Retrieved on: 
Sunday, March 3, 2024

Now nearly 70 years old, Pu produces incense in Yongchun County in Quanzhou, a coastal city in east China's Fujian Province.

Key Points: 
  • Now nearly 70 years old, Pu produces incense in Yongchun County in Quanzhou, a coastal city in east China's Fujian Province.
  • As China's seaborne trade thrived during Song (960-1279) and Yuan (1271-1368) dynasties, Quanzhou became the largest port in eastern China.
  • Thanks to the increase in international orders, workers and their families are enjoying more comfortable lives, an improvement partly driven by the Belt and Road Initiative (BRI).
  • Nowadays, the Arab states, which were important participants along the ancient Silk Road trade routes, are crucial partners with China in the BRI.

CGTN: How China-proposed BRI helps incense-makers go global

Retrieved on: 
Sunday, March 3, 2024

Now nearly 70 years old, Pu produces incense in Yongchun County in Quanzhou, a coastal city in east China's Fujian Province.

Key Points: 
  • Now nearly 70 years old, Pu produces incense in Yongchun County in Quanzhou, a coastal city in east China's Fujian Province.
  • As China's seaborne trade thrived during Song (960-1279) and Yuan (1271-1368) dynasties, Quanzhou became the largest port in eastern China.
  • Thanks to the increase in international orders, workers and their families are enjoying more comfortable lives, an improvement partly driven by the Belt and Road Initiative (BRI).
  • Nowadays, the Arab states, which were important participants along the ancient Silk Road trade routes, are crucial partners with China in the BRI.

Karora Resources Drills 13.7% Ni over 2.6 metres, 12.0% Ni over 2.9 metres, and 15.4% Ni over 0.6 Metres Further Demonstrating the High-Grade Potential of the Open-Ended 50C Nickel Trough

Retrieved on: 
Monday, February 26, 2024

The first set of drilling results from the current 50C program demonstrate the potential for additional high-grade nickel mineralization associated with the Gamma Block Nickel Mineral Resource.

Key Points: 
  • The first set of drilling results from the current 50C program demonstrate the potential for additional high-grade nickel mineralization associated with the Gamma Block Nickel Mineral Resource.
  • Paul Andre Huet, Chairman & CEO, commented: "We are very pleased with the latest results received from our nickel drilling program at the 50C nickel discovery which, along with the 10C nickel trough, forms the Gamma Block nickel Mineral Resource.
  • The new infill drilling returned some outstanding high-grade results that are expected to support the upgrading and extension of the 50C Mineral Resource.
  • Assays recorded above the upper detection limit (25,000ppm Ni) are re-analyzed using the same technique with a greater dilution (ICP43B).

Whoever wins the presidential election, Indonesia will remain close to China

Retrieved on: 
Friday, February 9, 2024

The world’s third-largest democracy, Indonesia, eagerly awaits the outcome of the presidential election on Feb. 14.

Key Points: 
  • The world’s third-largest democracy, Indonesia, eagerly awaits the outcome of the presidential election on Feb. 14.
  • Baca juga:
    Indonesia's presidential election may go to run-off, despite what the polls say

    .

Why China will remain a vital partner

  • Economically, China is a significant trading partner and source of investment for Indonesia, offering considerable development funds and economic opportunities.
  • Our latest report provides insight into the candidates’ potential approaches to China if elected, based on their engagements with Chinese officials in the past.
  • Prabowo has notably engaged extensively with China, meeting several times with Xiao Qian, the former Chinese ambassador to Indonesia, between 2018 and 2022.
  • His running mate, Gibran, has had limited interactions with China himself.
  • However, he would be associated with his father’s close ties to China, which have taken precedence during his time in office.
  • Since Jokowi became prime minister, China has evolved into Indonesia’s largest trading partner and investor, with Chinese exports to Indonesia surging to $71.32 billion in 2022, up from less than $40 billion in 2014.
  • Concerns have also been raised about the Batang Toru hydropower project in Sumatra, which threatens the habitat of the critically endangered Tapanuli orangutan.
  • In contrast, Anies has primarily interacted with Western countries, with limited engagement with China.

Modification of China-friendly policy

  • Baca juga:
    Mixue on the march: ice cream serves soft power for China in Southeast Asia

    .

  • By engaging with China, Indonesia aims to navigate the complexities of regional geopolitics while safeguarding its sovereignty and national interests.
  • It also has a significant position as a member of the G20 group of major economies, reflecting international confidence in its economic strength.
  • In addition, Indonesia’s strategic location makes it a crucial part of China’s BRI ambitions.


Para penulis tidak bekerja, menjadi konsultan, memiliki saham atau menerima dana dari perusahaan atau organisasi mana pun yang akan mengambil untung dari artikel ini, dan telah mengungkapkan bahwa ia tidak memiliki afiliasi di luar afiliasi akademis yang telah disebut di atas.

BRI's 2023 Stellar Performance: Earning Rp.60.4T Profits

Retrieved on: 
Thursday, February 1, 2024

JAKARTA, Indonesia, Jan. 31, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) concluded 2023 with an exceptional financial performance, showcasing resilience and growth despite external challenges. The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.

Key Points: 
  • The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.
  • Effective risk management was another cornerstone of BRI's success, with Non-Performing Loans (NPL) controlled at 2.95% and NPL Coverage of 229.09%.
  • Despite high-interest rates, BRI achieved a 3.9% YoY deposit growth to IDR 1,358.3T by December 2023.
  • With over 740,000 agents, transactions reached IDR 1,427T in 2023, generating fee-based income of IDR 1.5T.

Global Times: Uzbekistan seeking new path to progress and prosperity with China

Retrieved on: 
Tuesday, January 23, 2024

In February 2022, President Mirziyoyev was invited to visit China to attend the opening ceremony of the Olympic Winter Games Beijing 2022.

Key Points: 
  • In February 2022, President Mirziyoyev was invited to visit China to attend the opening ceremony of the Olympic Winter Games Beijing 2022.
  • In May 2023, President Mirziyoyev attended the China-Central Asia Summit during a state visit to China.
  • With Uzbekistan implementing a 10-day visa-free policy for tourists from China, tourism cooperation between China and Uzbekistan is poised for further expansion in scale.
  • Both countries are at a critical stage of reform and development, with China comprehensively promoting the Chinese path to modernization and Uzbekistan striving for building a "New Uzbekistan."

Global Times: Kazakhstan pioneering regional connectivity together with China

Retrieved on: 
Monday, January 22, 2024

In September 2019, Kassym-Jomart Tokayev visited China for the first time as President, and China and Kazakhstan announced the establishment of a "permanent comprehensive strategic partnership."

Key Points: 
  • In September 2019, Kassym-Jomart Tokayev visited China for the first time as President, and China and Kazakhstan announced the establishment of a "permanent comprehensive strategic partnership."
  • During Tokayev's visit to China in May 2023, China and Kazakhstan signed multiple agricultural cooperation agreements.
  • In May 2023, during the meeting between the leaders of China and Kazakhstan in Xi'an, it was announced that 2024 would be designated as the Kazakhstan tourism year in China.
  • China is comprehensively promoting the rejuvenation of the Chinese nation through Chinese modernization, while Kazakhstan is building a rapidly developing and prosperous "New Kazakhstan."

Shaping International Economics and Ethical Dialogues Through the Leadership of Cheah Chyuan Yong

Retrieved on: 
Wednesday, January 17, 2024

The panel discussions delved into the Regional Comprehensive Economic Partnership (RCEP), the Belt and Road Initiative (BRI), and investment opportunities in Qingtian County.

Key Points: 
  • The panel discussions delved into the Regional Comprehensive Economic Partnership (RCEP), the Belt and Road Initiative (BRI), and investment opportunities in Qingtian County.
  • The World Anti-Corruption Conference 2023 (WACC) in Jakarta, Indonesia, convened global leaders, experts, and practitioners at the Royal Kuningan Hotel.
  • Cheah Chyuan Yong concluded the conference during the closing ceremony address with 200 participants, declaring WACC as an annual global initiative, dedicated to combating corruption and emphasizing role of empowerment in strengthening anti-corruption efforts.
  • The ISI, under Cheah Chyuan Yong's leadership, is gearing up to host the Inter-Regional Business Forum (IRBF) on March 7th and 8th, 2024, in Kuala Lumpur, Malaysia.