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.
BBRI pushes for user increase and seeks new growth engine
29 Aug 2024 11:16
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) is preparing several strategies to attain sustainable business growth, starting from boosting the number of users and securing new growth engine.
Digital business triumphed, Bank Raya’s credit growth hit 12.1%
27 Aug 2024 11:27
PT Bank Raya Indonesia Tbk (AGRO) booked credit distribution growth of 12.1% year-on-year (yoy) to IDR 6.8 trillion in the second quarter (Q2) of 2024, supported by enhancement in its digital business line.
Telkom Indonesia confident on positive performance and profitability
26 Aug 2024 12:21
PT Telkom Indonesia (Persero) Tbk (TLKM), a telecommunication company with the biggest market capitalisation in Indonesia, is confident that it will be able to drive positive growth in performance, as well as generating profit by the end of 2024.
Telkom to focus on sustainable revenue through Five Bold Moves strategy
26 Aug 2024 11:02
PT Telkom Indonesia (Persero) Tbk (TLKM) accelerates its Five Bold Moves (5BM) strategy, which will be realised through its FMC, InfraCo, and Data Centre businesses, as an implementation of an optimum business transformation.
MPXL secures transport contract from Krakatau Semen Indonesia
23 Aug 2024 15:51
PT MPX Logistics International Tbk (MPXL), a logistics and transportation company, has obtained a new contract from PT Krakatau Semen Indonesia (KSI).
Bank Raya Indonesia secures shareholders’ approval for buyback of IDR 20 billion
23 Aug 2024 09:16
PT Bank Raya Indonesia Tbk (AGRO), a subsidiary of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), has secured approval from shareholders to conduct a shares buyback.
Trade surplus hit USD 0.47 billion in July 2024
16 Aug 2024 19:07
Trade surplus of Indonesia in July 2024 was reported at USD 0.47 billion, much lower than June 2024’s trade surplus of USD 2.39 billion.
Efficiency allows Citi Indonesia to book 14% surge in H1 2024 net profit
15 Aug 2024 18:32
Citibank N.A. Indonesia, or widely known as Citi Indonesia, reported solid growth in its net profit performance in the first half (H1) of 2024, increasing 14% year-on-year (yoy).
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.
