SUN’s bids break records, reaching IDR 104.07 trillion
21 Aug 2024 12:52
Total incoming bids for the auction of Government Securities (SUN) yesterday (20/8) reached IDR 104.07 trillion, as stated by DJPPR of the Ministry of Finance.
Stagnant sales, Mustika Ratu still saw surge in net profit
21 Aug 2024 09:42
PT Mustika Ratu Tbk (MRAT), a cosmetic and body care product manufacturer, scored net profit of IDR 302.19 million in the first half (H1) of 2024.
At default, Pefindo lowered ZINC’s bond rating
20 Aug 2024 14:42
Pemeringkat Efek Indonesia (Pefindo), a domestic rating agency, has lowered the rating of Bond I Year 2018 issued by PT Kapuas Prima Coal Tbk (ZINC) to “idD” from the previous “idCCC”.
KIJA to allocate IDR 450 billion of capex
20 Aug 2024 14:16
PT Kawasan Indutri Jababeka Tbk (KIJA) is allocating capital expenditure of IDR 450 billion this year. The allocation is split to 55% for land acquisition and 45% for infrastructure maintenance.
Chandra Asri Pacific plans to debut its subsidiary in the stock market
20 Aug 2024 11:56
PT Chandra Asri Pacific Tbk (TPIA), another company owned by Prajogo Pangestu, will push forward the agenda of debuting its subsidiary engaged in the infrastructure investment sector, PT Chandra Daya Investasi (CDI), in Indonesia Stock Exchange (IDX).
Oto Multiartha eyes IDR 700 billion in bond issuance
20 Aug 2024 09:50
PT Oto Multiartha, a financing company formed by PT Bank BTPN Tbk (BTPN) and PT Sinar Mas Multiartha Tbk (SMMA), will issue Shelf-Registration Bond I Phase II Year 2024 with total principal of IDR 700 billion.
PLN IP to work with Saudi Arabian entity on floating solar in West Java
19 Aug 2024 15:57
PT PLN Indonesia Power (PLN IP) is partnering with Saudi Arabian company called ACWA Power to work on the development of floating solar plant in Saguling Dam, West Java.
Gov’t to set up SUN auction tomorrow, eyeing IDR 22 trillion this time
19 Aug 2024 14:12
The Indonesian government will hold an auction of Government Securities (SUN) tomorrow (20/8), with an indicative target of IDR 20 trillion.
Operating expenses increased, PPGL’s net profit was corrected 12.4%
19 Aug 2024 08:07
PT Prima Globalindo Logistik Tbk (PPGL), a logistics and shipping company, booked net profit of IDR 8.34 billion in the first half (H1) of 2024.
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.
