The Business Times

Astra International

ASEAN Business

Indonesia’s auto sales slump as savings erode and borrowing costs rise

The expansion is part of WeLab’s ambitions to grow in the Asia region, after starting a digital bank in Hong Kong in 2020.
Banking & Finance

Li Ka-shing-backed WeLab launches digital bank in Indonesia

CGS-CIMB has initiated coverage on Astra International with an 'add' rating.
Companies & Markets

Brokers’ take: CGS-CIMB initiates Astra International with ‘add’

Astra Daihatsu Motor is aiming for construction of the plant to be completed by December 2024.
Companies & Markets

Indonesia’s Astra Daihatsu Motor starts building 2.9 trillion rupiah car assembly plant

This revision reflected the country’s economic recovery from the pandemic and better terms of trade in Indonesia.
International

S&P Global bumps up Pertamina, PLN and Astra ratings as Indonesia's credit outlook brightens

An anticipated decline in crude palm oil is expected to cause weakness in profit growth for Astra’s Indonesian palm oil subsidiary, Astra Agro Lestari.
Companies & Markets

Brokers’ take: UOBKH downgrades Astra to ‘hold’ on rate hikes, crude and coal price concerns

Astra Land taps rising demand for modern warehousing in Jakarta
Companies & Markets
ASEAN BUSINESS

Astra Land taps rising demand for modern warehousing in Jakarta

Broker's take: UOBKH upgrades Astra International to 'buy' on share price weakness
Companies & Markets

Broker's take: UOBKH upgrades Astra International to 'buy' on share price weakness

StanChart, Astra revise sale price for proposed Bank Permata deal
Banking & Finance

StanChart, Astra revise sale price for proposed Bank Permata deal

Broker's take: CGS-CIMB downgrades Jardine Matheson to 'hold'
Companies & Markets

Broker's take: CGS-CIMB downgrades Jardine Matheson to 'hold'

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