IDR | Jotup

BRImo: The Mobile Banking Super App Driving Sustainable Growth of Bank Rakyat Indonesia

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Monday, January 15, 2024

App Store (iOS/iPadOS), Digital, Trust, BRI, CASA, Pension fund, IDX, Confidentiality, BBRI, QR, Edhi Sunarso, IDR, Development, Google Play, Growth, Online shopping

JAKARTA, Indonesia, Jan. 15, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Persero Tbk.

Key Points:

JAKARTA, Indonesia, Jan. 15, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Persero Tbk.
(IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.
"In the competitive landscape of mobile banking in Indonesia, BRImo has significantly contributed to the sector's progress.
Embodying inclusivity with its 'All in BRImo' tagline, BRImo has impressive ratings (4.7 on App Store, 4.5 on Google Play Store).

BRI's Milestones in 2023 Pave the Way for Optimism and Success in 2024

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Thursday, January 4, 2024

BRI, Multimedia, Government, Republic, Ultra, IDX, Yoy, Brimo, BBRI, IDR, 307th, Financial services

(IDX: BBRI) concluded 2023 with positive financial performance, national and international recognitions, and a steadfast role as a development agent.

Key Points:

(IDX: BBRI) concluded 2023 with positive financial performance, national and international recognitions, and a steadfast role as a development agent.
"Our success not only reflects our resilience in responding to various challenges, but also our commitment to continuous growth for Indonesia," emphasized Sunarso, President Director of BRI.
BRI claimed the top spot in Indonesia and ranked 307th globally in Forbes International's 2023 Global 2000 list.
In Q1 2023, BRI achieved a robust 12.47% YoY growth, recording a profit of IDR 44.21 trillion.

NextEra Energy Partners, LP completes sale of Texas natural gas pipeline portfolio

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Thursday, December 28, 2023

JUNO BEACH, Fla., Dec. 28, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced it has closed on its previously disclosed agreement with Kinder Morgan, Inc. (NYSE: KMI) to sell its Texas natural gas pipeline portfolio for $1.815 billion.

Key Points:

JUNO BEACH, Fla., Dec. 28, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced it has closed on its previously disclosed agreement with Kinder Morgan, Inc. (NYSE: KMI) to sell its Texas natural gas pipeline portfolio for $1.815 billion.
"With the Texas natural gas pipeline portfolio sale complete, the partnership has sufficient proceeds available to address the equity buyouts of the STX Midstream and NEP Renewables II convertible equity portfolio financings."
The Texas natural gas pipeline portfolio is primarily comprised of seven pipelines, which provide natural gas to Mexico and power producers and municipalities in South Texas.
The total 2023 calendar-year adjusted EBITDA for the Texas natural gas pipeline portfolio is expected to be approximately $180 million, with roughly 70% associated with the transmission portion of the portfolio and the remaining 30% associated with the midstream pipelines.

MINISO's Global Blind Box Carnival Spreads Joyful Surprises as its Blind Box Sales Top 20 Million Pieces for the Year

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Wednesday, December 27, 2023

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Global lifestyle brand MINISO, known for its popular blind box IPs like Disney and Sanrio, is hosting a global creative party to elevate the blind box experience.

Key Points:

Global lifestyle brand MINISO, known for its popular blind box IPs like Disney and Sanrio, is hosting a global creative party to elevate the blind box experience.
Throughout December and January, MINISO is bringing countless surprises to shoppers around the world with its amazing Blind Box Carnival.
Blind box sales were the biggest contributor to sales on the day, with sales of the product also increasing 156.6%.
Traveling around the city, MINISO's Blind Box Car delivered showstopping surprises with dancing Santas and sacks full of blind boxes.

INDONESIA MUST ACCELERATE DELIVERY OF DIGITAL STRATEGY TO ACHIEVE GOVERNMENT'S "TOP 10 GLOBAL ECONOMY BY 2030" AMBITIONS, SAYS GSMA REPORT

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Friday, December 8, 2023

Island, Policy, GDP, Risk, GSMA, Smartphone, Private sector, Row, Digital, IDR, Digital Nations, Security, BHP, Government, Cryptocurrency, Renewable energy, Innovation

JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- The Indonesian government has made strong steps towards becoming a leading digital nation, according to a report published today at the GSMA's Indonesia Digital Nations Summit in Jakarta. However, the country needs to adopt a "whole-government" approach and be more joined-up around critical policy requirements, if Indonesia is to achieve its goals of digitally transforming society and becoming a top 10 global economy by 2030.

Key Points:

By doing so, Indonesia stands to unlock circa $18 billion in investment from the mobile industry between 2024 and 2030, mostly on 5G networks.
Digital nations incorporate digital technologies and services into all sectors of the economy, with the aim to drive productivity and improve the livelihoods of citizens.
The report findings were published as the GSMA hosted its Indonesia Digital Nations Summit at The Westin Jakarta.
To download the Indonesia Digital Nations report, please click here .

INDONESIA MUST ACCELERATE DELIVERY OF DIGITAL STRATEGY TO ACHIEVE GOVERNMENT'S "TOP 10 GLOBAL ECONOMY BY 2030" AMBITIONS, SAYS GSMA REPORT

Retrieved on:

Friday, December 8, 2023

Island, Policy, GDP, Risk, GSMA, Smartphone, Private sector, Row, Digital, IDR, Digital Nations, Security, BHP, Government, Cryptocurrency, Renewable energy, Innovation

JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- The Indonesian government has made strong steps towards becoming a leading digital nation, according to a report published today at the GSMA's Indonesia Digital Nations Summit in Jakarta. However, the country needs to adopt a "whole-government" approach and be more joined-up around critical policy requirements, if Indonesia is to achieve its goals of digitally transforming society and becoming a top 10 global economy by 2030.

Key Points:

By doing so, Indonesia stands to unlock circa $18 billion in investment from the mobile industry between 2024 and 2030, mostly on 5G networks.
Digital nations incorporate digital technologies and services into all sectors of the economy, with the aim to drive productivity and improve the livelihoods of citizens.
The report findings were published as the GSMA hosted its Indonesia Digital Nations Summit at The Westin Jakarta.
To download the Indonesia Digital Nations report, please click here .

INDONESIA MUST ACCELERATE DELIVERY OF DIGITAL STRATEGY TO ACHIEVE GOVERNMENT'S "TOP 10 GLOBAL ECONOMY BY 2030" AMBITIONS, SAYS GSMA REPORT

Retrieved on:

Friday, December 8, 2023

Island, Policy, GDP, Risk, GSMA, Smartphone, Private sector, Row, Digital, IDR, Digital Nations, Security, BHP, Government, Cryptocurrency, Renewable energy, Innovation

JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- The Indonesian government has made strong steps towards becoming a leading digital nation, according to a report published today at the GSMA's Indonesia Digital Nations Summit in Jakarta. However, the country needs to adopt a "whole-government" approach and be more joined-up around critical policy requirements, if Indonesia is to achieve its goals of digitally transforming society and becoming a top 10 global economy by 2030.

Key Points:

By doing so, Indonesia stands to unlock circa $18 billion in investment from the mobile industry between 2024 and 2030, mostly on 5G networks.
Digital nations incorporate digital technologies and services into all sectors of the economy, with the aim to drive productivity and improve the livelihoods of citizens.
The report findings were published as the GSMA hosted its Indonesia Digital Nations Summit at The Westin Jakarta.
To download the Indonesia Digital Nations report, please click here .

CELEBRATE A MEMORABLE FESTIVE MOMENT AT THE RITZ-CARLTON, BALI

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Tuesday, December 5, 2023

Seafood, The Ritz-Carlton Hotel Company, Heart, System, Friends, Sense, IDR, Christmas, Biting, New Year's Day, Family, Call-progress tone, Hotel, Restaurant, Nightclub, Fast food

BALI, Indonesia, Dec. 4, 2023 /PRNewswire/ -- This year, The Ritz-Carlton, Bali, invites guests to experience and celebrate the most anticipated time of the year at the award-winning tropical beachfront resort. The resort has curated exciting activities and a dining program to help guests reconnect with their loved ones for this year-end holiday, special menus and wellness offerings to family-friendly activities inspired by the resort's surroundings and rich Balinese culture.

Key Points:

BALI, Indonesia, Dec. 4, 2023 /PRNewswire/ -- This year, The Ritz-Carlton, Bali, invites guests to experience and celebrate the most anticipated time of the year at the award-winning tropical beachfront resort.
"Celebrate the festive season with fun-filled holiday activities, a sumptuous dining program, or find serenity with sea-inspired treatments at our The Ritz-Carlton, Spa," said Subin Dharman, General Manager of The Ritz-Carlton, Bali.
"Our Ladies and Gentlemen are committed to providing genuine service and comfort while you stay with us for a memorable festive holiday," he added.
Feast on a sumptuous Indonesian buffet spread specially curated by our talented culinary team to celebrate a memorable year-end at Bejana.

GSMA WARNS OF $14BN (IDR 216TN) PRODUCTIVITY LOSS TO INDONESIAN ECONOMY UNLESS FUTURE MOBILE SPECTRUM PRICES ARE SUSTAINABLE

Retrieved on:

Thursday, November 9, 2023

JAKARTA, Indonesia, Nov. 9, 2023 /PRNewswire/ -- With new mobile spectrum auctions fast approaching in Indonesia, a new report by the global mobile industry association, the GSMA, has warned that the country's roadmap for digital transformation could be held back, unless it reassesses how it prices 5G mobile spectrum.

Key Points:

With spectrum supply set to expand significantly in Indonesia, GSMA analysis shows that, to avoid total costs spiralling, a reduction in unit spectrum prices is vital.
Lower Reserve Prices: The GSMA recommends setting more conservative reserve prices for upcoming auctions of new spectrum bands.
Future-Proof Clear Spectrum Roadmap: Indonesia should lay a robust foundation for its mobile ecosystem by crafting a clear and comprehensive spectrum roadmap.
This additional spectrum will more than double the current total supply of mobile spectrum.

BRI's Financial Performance Draws Analysts' Recommendations for its Shares

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Thursday, November 9, 2023

ROA, Yoy, CAR, MSME, US, Government, Santana's El Nino, Pressure, IDX, Projection, Multimedia, ROI, Growth, BBRI, GGM, CGS, Price, BRI, DuPont, IDR, Chartered Financial Analyst, Security (finance), Bank

(IDX: BBRI)'s financial performance in Q3 2023 has ignited recommendations among analysts, who now advise 'buy' or 'hold' due to promising performance in the microsegment sector.

Key Points:

(IDX: BBRI)'s financial performance in Q3 2023 has ignited recommendations among analysts, who now advise 'buy' or 'hold' due to promising performance in the microsegment sector.
PT UBS Sekuritas Indonesia's report raises BRI's target price to IDR 6,925, a 2-3% increase from their previous projection of IDR 6,700.
Furthermore, BNI Sekuritas targets BRI's price at IDR 6,000, in line with its current 1-year Price-to-Book Value of 2.3x, matching its 5-year average.
Despite asset quality challenges in Q3-2023 for mass-market-focused financial institutions, Q4 improvements propelled by election-related funding are expected.