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Asia Pacific Rayon Raises US$300m from National and International Affiliated Banks to Expand Production Capacity


2021-04-12 10:30
Continued capital expenditure aims to boost production and support the recovery of Indonesian economy
Loan agreements aligned with Indonesian Government s strategy to drive investment growth in 2021
APR is a member of the RGE group of companies
JAKARTA, INDONESIA - Media OutReach - 12 April 2021 - Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated loan facility of Rp 4.5 trillion (US$300 million) with national and international affiliated banks. The funding will be used to support continued capital investment in the company s production facilities at Pangkalan Kerinci, Riau Province, Sumatra. ....

Indonesia General , Jakarta Raya , Pangkalan Kerinci , Hari Setiawan , Basrie Kamba , Jokowi Widodo , Sukanto Tanoto , Susiana Santoso , Pt Bank , Pt Bank Pembangunan Daerah Jawa Barat , Pt Bank Rakyat Indonesia Persero Tbk , Pt Bank Woori Saudara Indonesia , Pte Ltd , Pt Bank Central Asia Tbk , Pt Bank Pan Indonesia Tbk , Pacific Rayon , Riau Province , President Jokowi Widodo , Rakyat Indonesia , Central Asia Tbk , Pan Indonesia Tbk , Pembangunan Daerah Jawa Barat , Woori Saudara Indonesia , Asia Pacific Rayon , Indonesian Government , Omnibus Bill ,

Major Asian banks log market-cap growth in Q1 as economic recovery persists


Blog
Blog
Blog
Blog
7 Apr, 2021
Author
Mc Dowell RamintasRehan Ahmad
All but one of the 20 largest banks in Asia-Pacific saw growth in their market capitalization during the quarter ended March 31, continuing the momentum from the previous quarter, as economic recovery from the COVID-19 pandemic persisted across the region.
Industrial & Commercial Bank of China Ltd. retained its top slot on the ranking list in the quarter after recording a 10.93% quarter-over-quarter growth in market cap to $290.24 billion, according to data compiled by S&P Global Market Intelligence. China Construction Bank Corp., China Merchants Bank Co. Ltd., Agricultural Bank of China Ltd. and Bank of China Ltd. saw their market cap grow 11.32%, 17.13%, 8.27% and 6.66%, respectively, and kept their positions on the list. ....

New Zealand , Zealand Banking Group Ltd , Industrial Commercial Bank , Indonesia Pt Bank Central Asia Tbk , Financial Group Inc , China Construction Bank Corp , Australia Westpac Banking Corp , Agricultural Bank , Sumitomo Mitsui Financial Group Inc , Postal Savings Bank , China Ltd , China Merchants Bank Co , China Co , Commercial Bank , China Merchants Bank , Savings Bank , Hang Seng Index , Rui Wen Lim , Sumitomo Mitsui Financial Group , Westpac Banking , New Zealand Banking Group , Central Asia Tbk , புதியது ஜீலாந்து , ஜீலாந்து வங்கி குழு லிமிடெட் , தொழில்துறை வணிகரீதியானது வங்கி , இந்தோனேசியா ட் வங்கி மைய ஆசியா டப்க் ,