Sido Muncul weakened in 2022
10 Feb 2023 10:24
The performance of PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) was corrected in 2022 as the public’s purchase power weakened.
ELPI’s subsidiary to secure financing for tug and barges
10 Feb 2023 09:56
PT ELPI Nusantara Armada (ENA) has secured a financing facility of a maximum of IDR 160 billion and hedging with a limit of USD 4 million in order to acquire tug and barges.
ESSA eyes IDR 1.06 trillion in a private placement
10 Feb 2023 05:43
PT Surya Esa Perkasa Tbk (ESSA) is set to issue 1.56 billion shares to raise its capital through a private placement.
Announcing 2022 achievement, BRI’s stock gains popularity
10 Feb 2023 05:41
The shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) were highly sought after by investors in yesterday’s (9/2) transaction.
Nusantara Infrastructure to divest business unit for USD 5.7 million
09 Feb 2023 20:19
PT Nusantara Infrastructure Tbk (META), through one of its subsidiaries, PT Portco Infrastructure, has divested 39% of PT Intisentosa Alambahtera.
Medco Energi sets up USD 370 million of capex in 2023
09 Feb 2023 16:49
PT Medco Energi Internasional Tbk (MEDC) prepares a capital expenditure (capex) worth USD 370 million or approximately IDR 5.59 trillion in 2023.
Unilever’s net profit shrank 6.9% yoy in 2022
09 Feb 2023 16:30
PT Unilever Indonesia Tbk (UNVR) booked a net profit of IDR 5.35 trillion in 2022, declining 6.9% year-on-year (yoy), or compared to the same period last year.
State-owned enterprises assemble to form logistics company
09 Feb 2023 15:45
Six state-owned enterprises (BUMN) team up to establish a joint venture named PT Karya Logistik Nusantara (KLN).
Forbes names 3 richest in Indonesia’s media & entertainment industry
09 Feb 2023 15:16
Who holds all the money in the media and entertainment industry today? Forbes list three renowned tycoons in said industry out of the Top 50 Billionaires.
WTR injects capital in Waskita Sriwijaya Tol
09 Feb 2023 14:20
PT Waskita Sriwijaya Tol (WST) received additional capital of IDR 462.61 billion from its parent, PT Waskita Toll Road (WTR). WTR is a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT) with a portion of 92.53%.