Arwana Citramulia’s net profit got corrected 16.6% in H1 2024
23 Jul 2024 13:38
PT Arwana Citramulia Tbk (ARNA), a ceramic manufacturer with known brands such as Arwana and UNO, booked net profit of IDR 203.15 billion in the first half (H1) of 2024.
Marketing sales at IDR 4.81 trillion in first half, BSDE is confident of this year’s target
22 Jul 2024 16:46
PT Bumi Serpong Damai Tbk (BSDE) has realised marketing sales of IDR 4.84 trillion in the first half (H1) of 2024.
Global Sukses Digital to issue 450 million shares in IPO
22 Jul 2024 14:26
PT Global Sukses Digital Tbk (DOSS), a photography equipment retail and marketplace sales company, will issue 450 million shares in its Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX).
BI and Central Bank of the UAE strengthen digital payment partnership
18 Jul 2024 16:08
Bank Indonesia and Central Bank of the United Arab Emirates (CBUAE) agree upon a partnership for a more efficient, transparent, and affordable cross-border payment system.
Boosting growth, TPMA acquires 65% of BEST worth US$32.5 million
18 Jul 2024 12:56
PT Trans Power Marine Tbk (TPMA) has acquired 65% shares of PT Bahtera Energi Samudra Tuah (BEST), a sea transportation company which still has an affiliate relationship.
Joining hands with Metland, Multivision Plus to expand Platinum Cineplex
18 Jul 2024 10:33
Platinum Cineplex, a movie theatre network under PT Tripar Multivision Plus Tbk (RAAM), has expanded its network following the signing of Memorandum of Understanding (MoU) with Metland Cibitung.
PTDU to restructure debts of IDR 72 billion
18 Jul 2024 09:34
PT Djasa Ubersakti Tbk (PTDU) will restructure its debts of IDR 72 billion owed to PT Bank Pembangunan Daerah Kalimantan Timur dan Kalimantan Utara (BPD Kaltimtara).
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.
Expanding aggressively, PGEO is projected to grow steadily
16 Jul 2024 14:49
Business performance of PT Pertamina Geothermal Energi Tbk (PGEO) is projected to continue progressing steadily following several expansion strategy designed by the company, according to OCBC Sekuritas Indonesia.
Mandom Indonesia to raise credit limit of subsidiary of IDR 7.5 billion
12 Jul 2024 14:54
PT Mandom Indonesia Tbk (TCID), a body care product manufacturer and distributor, has signed an amendment of credit agreement with one of its subsidiaries, PT Alliance Cosmetics (PTA).
