Citigroup: US in early phase of recession, opportunity for BI-rate cut
08 Aug 2024 11:39
Chief Economist of Citi Indonesia, Hemi Arman, revealed that the US economy is probably heading towards recession.
Despite sluggish sales, BIKE's net profit grew 18.8% in first half
07 Aug 2024 13:23
PT Sepeda Bersama Indonesia Tbk (BIKE), a bicycle distributor that holds the Genio Bike and United Bike brands, posted a net profit of IDR 4.67 billion in the first semester (1H) 2024.
Resources Alam Indonesia’s net profit grew 9.2% in the first half
07 Aug 2024 10:33
PT Resources Alam Indonesia Tbk (KKGI) booked net profit of USD 23.3 million in the first half (H1) of 2024, up 9.2% year-on-year (yoy) from the same period last year.
Esta Indonesia to set IPO price high at IDR 200 per share
02 Aug 2024 15:50
PT Esta Indonesia Tbk (NEST), a swallow’s nest manufacturer and wholesale company, has set the initial public offering (IPO) price to IDR 200 per share.
KAI to offer sukuk and bond of IDR 1 trillion, highest coupon set to 7.30%
31 Jul 2024 11:59
PT Kereta Api Indonesia (Persero) or KAI is scheduling an issuance of bond and sukuk with total principal of IDR 1 trillion.
Esta Indonesia offers 822.5 million shares in IPO
23 Jul 2024 16:01
PT Esta Indonesia Tbk (NEST), swallow farm and swallow’s nest trading company, will conduct its initial public offering (IPO) in Indonesia Stock Exchange (IDX) by issuing 822.5 million shares.
Revenue corrected 1.8%, IPCC’s net profit shifted positively
22 Jul 2024 12:30
PT Indonesia Kendaraan Terminal Tbk (IPCC), a transportation infrastructure operator, booked net profit of IDR 80.7 billion in the first half (H1) of 2024.
Volta launches 2 new electric motorbikes at GIIAS 2024
19 Jul 2024 12:48
PT Volta Indonesia Semesta, a subsidiary of PT NFC Indonesia Tbk (NFCX) which runs the electric vehicle business, has launched 2 new variants of electric motorbikes, namely the Volta MandalaX and Volta PatriotX at the 2024 Gaikindo Indonesia International Auto Show (GIIAS).
First Media divests shares in Data Lake Indonesia worth IDR 4.02 billion
19 Jul 2024 10:57
PT First Media Tbk (KBLV), a telecommunications services issuer, has sold all its shares in PT Data Lake Indonesia (DLI).
Sales continued to decline, Hetzer Medical dealt with another loss in Q2 2024
18 Jul 2024 14:03
PT Hetzer Medical Indonesia Tbk (MEDS), a manufacturer and supplier of medical devices making its debut on Indonesia Stock Exchange (IDX) in 2022, suffered another loss of IDR 3.69 billion in the second quarter (Q2) of 2024.
