Mandom Indonesia’s profit soared 106% in 2023
19 Mar 2024 13:26
PT Mandom Indonesia Tbk (TCID), a body care product manufacturer and distributor, booked net profit of IDR 38.12 billion in 2023, soaring 106% year-on-year (yoy) higher.
Plaza Indonesia Realty’s net profit grew 10% in 2023
18 Mar 2024 14:40
PT Plaza Indonesia Realty Tbk (PLIN), the developer of Plaza Indonesia and fX Sudirman shopping centres, booked net profit of IDR 613.27 billion throughout 2023, increasing 10% year-on-year (yoy).
UOB pairs up with Garuda Indonesia to introduce GIUC card
08 Mar 2024 16:13
PT Bank UOB Indonesia joins hands with PT Garuda Indonesia Tbk (GIAA) and Mastercard to introduce Garuda Indonesia UOB Credit Card (GIUC), which combines the perks of credit card spending and rewards from mileage system.
Telkom to transfer data centre business for USD 219 million to NeutraDC Singapore
04 Mar 2024 14:24
Telekomunikasi Indonesia Pte. Ltd. (TelinSG), a subsidiary of PT Telkom Indonesia (Persero) Tbk (TLKM), has reportedy sold its data centre business to NeutraDC Singapore Pte. Ltd. (NDSG).
Maybank Indonesia saw 18.5% profit growth to IDR 1.74 trillion in 2023
29 Feb 2024 11:27
PT Bank Maybank Indonesia Tbk (BNII), a private bank with total assets of IDR 171.8 trillion, booked net profit of IDR 1.74 trillion in 2023.
Telkom spent IDR 3.5 trillion for Satelit Merah Putih 2
23 Feb 2024 10:54
PT Telkom Indonesia (Persero) Tbk (TLKM) has invested IDR 3.5 trillion through one of its subsidiaries, PT Telkom Satelit Indonesia (Telkomsat), to develop Satelit Merah Putih 2 launched last Wednesday (21/2).
IMR Asia Holding to acquire 83% Fortune Indonesia's shares
22 Feb 2024 16:24
IMR Asia Holding Pte. Ltd, a holding company registered in Singapore, plans to acquire 83% of the shares of PT Fortune Indonesia Tbk (FORU).
Jokowi reshuffles cabinet again, installing 2 former armed forces
21 Feb 2024 11:21
President of Republic of Indonesia, Joko Widodo (Jokowi), once again reshuffles its ministers by appointing 2 former personnels of Indonesian National Armed Forces (TNI) as Coordinating Minister of Political, Legal, and Security Affairs and Minister of Agrarian Affairs and Spatial Planning.
Launching 3 new motorcycle models, Volta eyes 18 thousand units of sales and expansion in 2024
20 Feb 2024 16:27
PT Volta Indonesia Semesta, a subsidiary of PT M Cash Integrasi Tbk (MCAS) engaged in the clean energy field, is eyeing an approximate of 64% growth in electric motorcycle sales to 18 thousand units at the end of 2024.
Vale Indonesia share divestment agreed at IDR3,750 per share
19 Feb 2024 12:39
The Ministry of Energy and Mineral Resources (ESDM) said that the divestment plan of PT Vale Indonesia Tbk (INCO) shares owned by Vale Canada Limited (VCL) and Sumitomo Metal Mining Co. (SMM) to MIND ID, has reached a price agreement.
