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.
CLEO’s profit soared 71% in H1 2024
02 Aug 2024 14:01
PT Sariguna Primatirta Tbk (CLEO), a bottled mineral water manufacturer known with its brand, Cleo, reported net profit of IDR 220.22 billion in the first half of 2024.
Bukit Asam’s revenue up 4.14% in the first semester of 2024
01 Aug 2024 11:10
PT Bukit Asam Tbk (PTBA) booked revenue of USD 19.64 million throughout the first half (H1) of 2024, increasing 4.14% year-on-year (yoy) from the same period last year.
PTBA and BRIN start on processing coals for Li-ion battery materials
17 Jul 2024 20:17
PT Bukit Asam Tbk (PTBA), a part of state-owned mining holding (MIND ID), is starting a pilot project with National Research and Innovation Agency (BRIN) to convert coals to artificial graphite and anode sheet, two of raw materials of Lithium-ion (Li-ion) battery.
A year debuting, 4 issuers plummeted
11 Jul 2024 11:30
A year into their debuts, the performance of four issuers was seen plummeting compared to their starting lines on July 10, 2023.
