July’s inflation at 3.08%, lower than last year’s record
02 Aug 2023 10:19
Statistics Indonesia (lit. Badan Pusat Statistik/BPS) recorded inflation at 3.08% in July 2023, lower than 4.94% seen in July 2022.
Tunas Alfin to receive extra credit facility of IDR 92 billion
02 Aug 2023 08:57
PT Tunas Alfin Tbk (TALF), a soft packaging manufacturer, has received additional credit facility from PT Bank Central Asia Tbk (BBCA) worth IDR 92 billion.
Cyber security company, ITSEC Asia, to offer 15.64% shares in IPO
01 Aug 2023 14:33
PT ITSEC Asia Tbk (CYBR), a cyber security company with total assets worth IDR 99.35 billon, will put up 1 billion units of its shares in the market in an initial public offering (IPO).
Energi Mega Persada takes over 2 oil and gas blocks in Riau
01 Aug 2023 09:59
PT Energi Mega Persada Tbk (ENRG), an oil and gas company under Bakrie Group, has acquired two oil and gas blocks in Riau.
BCA continues to protect users’ data
28 Jul 2023 15:13
Techonological development has made way for more advanced fraud methods.
Transporting natural gas from Papua, HITS enter MoU with Padoma Global
28 Jul 2023 14:45
PT Humpuss Intermoda Transportasi Tbk (HITS), a marine transportation service provider, has signed the Memorandum of Understanding (MoU) alongside PT Padoma Global Neo Energi
Supporting crypto industry, CFX officially launches
28 Jul 2023 10:16
Responding to the increasingly active crypto industry in Indonesia, the government, through the Commodity Futures Trading Regulatory Agency (Bappebti) inaugurates the domestic crypto-asset future exchange under PT Bursa Komoditi Nusantara or Commodity Future Exchange (CFX).
Brand-name drugs sales rose 14.9%, Phapros’s profit still declined
27 Jul 2023 15:58
Although its profit went down by almost 30% in the first half of 2023, PT Phapros Tbk (PEHA) managed to record an increase in brand-name drugs sales.
Shifting 14.70%, Mitratel bagged IDR 1.02 trillion profit
27 Jul 2023 15:21
PT Dayamitra Telekomunikasi Tbk (MTEL) or Mitratel collected current year’s profit of IDR 1.02 trillion in H1 2023, shifting 14.70% from IDR 891.54 billion seen in the same period in 2022.
Sharp upturn in fee-based income, Bank Panin saw 30.89% profit surge
27 Jul 2023 11:23
The increased fee-based income has driven the net profit of PT Bank Panin Tbk (PNBN) to rise 30.89% to IDR 2.1 trillion at the end of the first half of 2023 compared to the same period last year of IDR 1.6 trillion.