VAT will officially increase to 12% starting early next year
16 Dec 2024 17:00
The Indonesian government has officially announced an increase in Value Added Tax (VAT) to 12% and will take effect from January 1, 2025.
Adhi Commuter eyes recurring income growth
25 Nov 2024 13:23
PT Adhi Commuter Properti Tbk (ADCP) is eyeing recurring income contribution of 5% of its net profit in the past 5 years.
Recurring income reaches 90%, INPP profit increases 121%
01 Nov 2024 18:53
PT Indonesian Paradise Property Tbk (INPP) continues to record performance improvements until the end of September 2024, even recording a 121% year-on-year (yoy) increase in profit for the current year.
Ministry of Finance accepts DPR's proposal for 2.5% excise tax on sugary drinks
11 Sep 2024 11:24
The Ministry of Finance (Kemenkeu) has received a proposal from the DPR RI State Financial Accountability Agency (BAKN), regarding the excise rate for packaged sugary drinks (MBDK) of 2.5%.
SMDR’s profit down 56.50% in H1 2024
05 Aug 2024 11:06
The performance of PT Samudra Indonesia Tbk (SMDR), an operator of logistics and shipping services, reportedly slowed down in the first half of 2024 due to decline in freight income.
Out of monitoring board, INPP works on bond issuance in second half of 2024
07 Jun 2024 10:31
As of May 27, 2024, PT Indonesian Paradise Property Tbk (INPP) is no longer listed under Special Monitoring Board of Indonesia Stock Exchange (IDX), and is now entering the Development Board.
Vale Indonesia is granted 10-year operational license extension
16 May 2024 10:27
PT Vale Indonesia Tbk (INCO) has received an extension of operational license from Indonesian government, following the issuance of Special Mining Business License on May 13, 2024.
Property sales decline, INPP faces revenue stagnation
06 May 2024 17:36
PT Indonesian Paradise Property Tbk (INPP) reported stagnation in its revenue in the first quarter of 2024, reaching IDR 262.6 trillion at the end of March 2024.
Revenue went over IDR 1 trillion, INPP's net profit skyrocketed 166%
02 Apr 2024 10:12
PT Indonesian Paradise Property Tbk (INPP) booked net profit of IDR 184.90 billion at the end of 2023, scoring 166% year-on-year (yoy) surge from IDR 69.5 billion in 2022.
Permata Bank to boost its fee-based income this year
07 Mar 2024 11:53
PT Bank Permata Tbk (BNLI), widely known as PermataBank, aims to secure revenue increase through its fee-based income growth in 2023. As of 2023, PermataBank reported 16% contribution from fee-based income to its total revenue.
