Q3 saw deficit increase in current account by 86% yoy
21 Nov 2024 15:07
Current account deficit was reported at USD 2.15 billion in Q3 2024, increasing 86% year-on-year (yoy) from USD 1.15 billion.
Net profit soaring 59% in 9M 2024, Citra Tubindo grows optimistic
21 Nov 2024 10:45
PT Citra Tubindo Tbk (CTBN), an service and facility provider for oil and gas industry, posted net profit of USD 18.46 million within the first nine months (9M) of 2024.
LEAD to pay USD 20 million loan
18 Nov 2024 16:03
PT Logindo Samuderamakmur Tbk (LEAD) will pay loan worth USD 20 million via debt conversion of 1.75 billion shares of IDR 25 each.
Smartfren and subsidiary to sign syndicated loan agreement of IDR 10 trillion
18 Nov 2024 13:49
PT Smartfren Telecom Tbk (FREN), one of the biggest telecommunication service providers in Indonesia, has signed a syndicated loan agreement with a subsidiary and several banks.
Gajah Tunggal secures syndicated loan of IDR 4.4 trillion
18 Nov 2024 13:12
PT Gajah Tunggal Tbk (GJTL), a tyre manufacturer known with brands like GT Radial and IRC, has signed a syndicated loan facility from several banks worth IDR 4.4 trillion.
Know more about Wamildan Tsani Panjaitan, Garuda Indonesia’s new CEO
18 Nov 2024 10:08
The Ministry of State-Owned Enterprises (SOEs) has appointed Captain Wamildan Tsani Panjaitan as the President Director of PT Garuda Indonesia (Persero) Tbk (GIAA), replacing Irfan Setiaputra.
BCA’s CEO talks of Trump and anomaly in ORI’s interest
18 Nov 2024 09:44
President Director of PT Bank Central Asia Tbk (BBCA), Jahja Setiaatmadja, thinks that Donald John Trump’s victory in the United States’ presidential election will slightly alter the dynamics of ongoing war-war, lose-lose situation between Ukraine and Russia.
Superkrane Mitra Utama to share interim dividend of IDR 320.3 billion
14 Nov 2024 09:50
PT Superkrane Mitra Utama Tbk (SKRN), a company engaged in the construction equipment rental business, is planning an interim dividend distribution of IDR 320.3 billion.
Waskita Beton Precast to convert debt to boost equity
14 Nov 2024 08:21
PT Waskita Beton Precast Tbk (WSBP), a precast concrete manufacturer under PT Waskita Karya (Persero) Tbk (WIKA), announces its plan to increase capital without pre-emptive rights, or private placement, of 178.54 million shares.
Profits skyrocketed to double digits, Citi's net profit reaches IDR 2.2 trillion as of September
13 Nov 2024 17:42
Citibank N.A. Indonesia, or what is usually called Citi Indonesia, managed to record a net profit increase of 32% year-on-year (yoy) at the end of September 2024.