Angkasa Pura I and II to be merged to Angkasa Pura Indonesia
10 Sep 2024 10:01
PT Angkasa Pura I and PT Angkasa Pura II have been officially merged together, becoming PT Angkasa Pura Indonesia (API).
TPMA and SIM to form joint venture
09 Sep 2024 15:18
PT Trans Power Marine Tbk (TPMA) and PT Samudra Investama Maju (SIM) establish a joint venture in order to acquire 20 sets of tug and barge vessels, as well as 2 units of floating cranes, within the next three years.
Solid Capital, BRI's Profits to be Distributed through Dividends
05 Sep 2024 12:12
PT Bank Rakyat Indonesia (Persero) Tbk or BRI will continue to distribute dividends with an optimal dividend payout ratio, as the company's capital is still deemed solid.
Buana Finance to work with Bank Jago for a joint financing of IDR 500 billion
04 Sep 2024 10:07
PT Buana Finance Tbk (BBLD) pairs up with PT Bank Jago Tbk (ARTO) to reinforce financing distribution to consumers. In 2023, the issuer reported financing receivables of roughly IDR 5.3 trillion.
Expanding business, ELPI to set up JV
02 Sep 2024 11:44
PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI), a marine transportation service provider, announces the establishment of its latest joint venture (JV).
Jasa Armada Indonesia allocates capex of IDR 158 billion
29 Aug 2024 20:15
PT Jasa Armada Indonesia Tbk (IPCM) prepares IDR 158 billion for its capital expenditure this year, most of which will be channelled to new vessel acquisition.
Bank Jago targets NIM to reach 7% at the end of 2024
29 Aug 2024 16:25
PT Bank Jago Tbk (ARTO) is targeting net interest margin in H2 2024 to arrive at 7%, relatively stable compared to 7.3% seen in H1 2024.
Bukit Asam targets coals sales to reach 43.1 million tons this year
27 Aug 2024 12:56
PT Bukit Asam Tbk (PTBA), a coal mining company under PT Mineral Industri Indonesia (Persero) or MIND ID, is targeting coals sales volume this year to reach 43.1 million tons.
Citi Indonesia: Low domestic consumption calls for structural reform, starting from services sector boost
09 Aug 2024 15:02
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.
A year after IPO, HBAT’s stock crashes 332%
08 Aug 2024 11:18
The stock performance of PT Minahasa Membangun Hebat Tbk (HBAT) dropped 332% after a year debuting on the stock exchange, since August 7, 2023.
