ISAT plans a stock split of 1:4 ratio
12 Aug 2024 10:13
PT Indosat Tbk (ISAT) will split the stock value (stock split) with a ratio of 1:4, meaning that one old share will be split into 4 new shares with updated value.
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.
PZZA recorded loss again, hitting IDR 75.11 billion in H1 2024
09 Aug 2024 14:02
PT Sarimelati Kencana Tbk (PZZA), the license holder of Pizza Hut in Indonesia, reported another loss of IDR 75.11 billion in the first half (H1) of 2024.
Mayapada Hospital eyes IDR 2.74 trillion in upcoming private placement next year
09 Aug 2024 09:51
PT Sejahteraraya Anugrahjaya Tbk (SRAJ), the operator of Mayapada Hospital, is aiming to raise IDR 2.74 trillion via a private placement next year.
Xolare RCR Energy secures hauling road extension contract worth IDR 49 billion
09 Aug 2024 08:37
PT Xolare RCR Energi Tbk (SOLA), an asphalt manufacturer and distributor, has signed a contract of an extension of hauling road for coal phase 1, spanning 5 km in South Sumatra.
DSSA to acquire data centre for IDR 26.5 billion
08 Aug 2024 19:12
PT Dian Swastatika Sentosa Tbk (DSSA), a mining company under Sinarmas Group, has reportedly acquired PT Teknovatus Solusi Sejahtera (TSS) for IDR 26.5 billion.
MSIUS 2024 promotes modern waqf practices and Islamic collaboration in investments
08 Aug 2024 15:38
Aiming to drive collaborative adoption of Islamic financial principles in digital innovations and current global challenges, Menara Syariah and INCEIF University presents a two-day event of the 1st Menara Syariah & INCEIF University Symposium (MSIUS) 2024 from August 8 to 9, 2024.
Consumption ratio down, loan instalment rates up
08 Aug 2024 14:27
The ratio of loan instalment of Indonesians reportedly increased in July 2024, as seen on Consumer Survey of Bank Indonesia (BI) published today (8/8).
SCMA’s net profit skyrocketed, supported by 9.9% revenue growth
08 Aug 2024 14:04
PT Surya Citra Media Tbk (SCMA), the media company managing SCTV and Indosiar television channels, reported net profit of IDR 327.7 billion in the first half (H1) of 2024.
Offering 7 series, Govt aims for IDR 8 trillion in state sukuk auction next week
08 Aug 2024 12:47
The Indonesian government will hold another auction of Government Sharia Securities (SBSN) or government sukuk on August 13 2024, with an indicative target of IDR 8 trillion.
