Domestic ceramic gets ready for global competition
16 Feb 2023 16:59
Securing support from the government, Indonesia’s ceramic industry aims to enter top 5 ceramic manufacturers in the world by 2024.
At default and consecutive losses, HKMU to shut down businesses
15 Feb 2023 19:35
PT HK Metals Utama Tbk (HKMU) has put the operation of two of its subsidiaries, PT Handal Aluminium Sukses (HAS) and PT Rasa Langgeng Wira (RLW), to a temporary halt.
ARNA’s profit grew 22.18%
14 Feb 2023 11:07
The profit of PT Arwana Citramulia Tbk (ARNA), a ceramic manufacturer, was seen increasing 22.18% in 2022 from the numbers recorded in 2021.
Low Tuck Kwong raises his portion in BYAN
13 Feb 2023 14:48
Low Tuck Kwong has acquired more shares in PT Bayan Resources Tbk (BYAN) during the transaction last week, on February 10, 2023.
ZATA to complete 7 store openings by Eid
08 Feb 2023 05:59
PT Bersama Zatta Jaya Tbk (ZATA), a modest fashion manufacturer, speeds up its plan to open seven new outlets, aiming for completion before April 2023.
WTON to set 2023 new contract growth to 13%
06 Feb 2023 05:30
PT Wijaya Karya Beton Tbk (WTON) has set the target for new contracts in 2023, reaching 13.1% higher than the target set in 2022. In other words, compared to IDR 7.6 trillion in 2022, WTON aims to score IDR 8.6 trillion in 2023.
Bank Mandiri announces stock split plan with 1:2 ratio
03 Feb 2023 22:01
PT Bank Mandiri (Persero) Tbk (BMRI) will carry out a stock split with a ratio of 1:2.
Bank Central Asia allocates IDR 8.7 trillion in capex
03 Feb 2023 13:34
PT Bank Central Asia Tbk (BBCA) allocated capital expenditure (capex) of IDR 8.7 trillion, up 40% from the realization of capital expenditure in 2022 which reached IDR 5.8 trillion.
Bank Rakyat Indonesia prepares IDR 1.5 trillion for share buyback
03 Feb 2023 13:06
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) will hold a share buyback with an allocation of IDR 1.5 trillion.
Syndicate to grant FREN IDR 7.5 trillion loan
03 Feb 2023 09:23
A syndicate of banks has granted a facility to PT Smartfren Telecom Tbk (FREN) with a credit limit of IDR 7.2 trillion.
