Shoes sales decline, BIMA to divest assets to cover debts
01 Nov 2024 10:30
PT Primarindo Asia Infrastructure Tbk (BIMA), a shoe manufacturer operating since 1989, will divest some of its landbank to pay its obligations to creditors and suppliers.
Adding new factory in Indonesia, New Balance ready to invest IDR 1 trillion
09 May 2023 11:05
Shoe manufacturer New Balance will build a new factory in Cirebon with an investment of IDR 1 trillion, which is targeted to start operating in the early third quarter (Q3) of this year.
