Debuting, DOSS reveals target for 2024
8 months ago
Debuting on Indonesia Stock Exchange (IDX) last Wednesday (7/8), PT Global Sukses Digital Tbk (DOSS) sets up profit and revenue growth target to double digit in 2024.
Pegadaian to issue Sukuk Mudharabah of IDR 2.22 trillion
8 months ago
PT Pegadaian (Persero), a state-owned company engaged in pawn-brokerage, will issue 2 Sukuk Mudharabah with total principal of IDR 2.22 trillion.
Citi Indonesia: Low domestic consumption calls for structural reform, starting from services sector boost
8 months ago
Amidst the streak of domestic consumption decline, Helmi Arman, Chief Economist of Citi Indonesia, believes that one of the keys to correct the issue lies on balanced growth of economic sector, giving more emphasis on labour-intensive sector, such as services sector.
PZZA recorded loss again, hitting IDR 75.11 billion in H1 2024
8 months ago
PT Sarimelati Kencana Tbk (PZZA), the license holder of Pizza Hut in Indonesia, reported another loss of IDR 75.11 billion in the first half (H1) of 2024.
Financial performance improves, Moody’s to revise APLN’s rating
8 months ago
Moody’s Rating has reportedly promoted Corporate Family Rating (CFR) of PT Agung Podomoro Land Tbk (APLN) to Caa1 from the previous Caa3 starting from August 8, 2024.
DOID quietly collects 5.07% of Australia-based 29Metals
8 months ago
PT Bukit Makmur Mandiri Utama (BUMA), one of subsidiaries of PT Delta Dunia Makmur Tbk (DOID), has acquired 36.51 million shares or 5.07% of 29Metals, a copper and precious metal mining company based in Australia.
Mayapada Hospital eyes IDR 2.74 trillion in upcoming private placement next year
8 months ago
PT Sejahteraraya Anugrahjaya Tbk (SRAJ), the operator of Mayapada Hospital, is aiming to raise IDR 2.74 trillion via a private placement next year.
Xolare RCR Energy secures hauling road extension contract worth IDR 49 billion
8 months ago
PT Xolare RCR Energi Tbk (SOLA), an asphalt manufacturer and distributor, has signed a contract of an extension of hauling road for coal phase 1, spanning 5 km in South Sumatra.
DSSA to acquire data centre for IDR 26.5 billion
8 months ago
PT Dian Swastatika Sentosa Tbk (DSSA), a mining company under Sinarmas Group, has reportedly acquired PT Teknovatus Solusi Sejahtera (TSS) for IDR 26.5 billion.
BI assessment on national economic growth in line with IMF projection
8 months ago
Bank Indonesia (BI) mentions that the assessment of Indonesia’s economic growth aligns with the projection made by International Monetary Fund (IMF) at 5% in 2024 and 5.1% in 2025.