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.
A year after IPO, HBAT’s stock crashes 332%
08 Aug 2024 11:18
The stock performance of PT Minahasa Membangun Hebat Tbk (HBAT) dropped 332% after a year debuting on the stock exchange, since August 7, 2023.
PLN net profit plunges 80.7% driven by soaring operating expenses
08 Aug 2024 10:59
Perusahaan Listrik Negara (Persero) or PLN, posted a net profit of IDR 4.99 trillion in the first semester (1H) 2024, down 80.7% year-on-year (yoy) or from the same period last year.
JLL Indonesia: Prospect for Indonesian data centers are still good
07 Aug 2024 18:32
JLL Indonesia, a commercial real estate management company, views data centers as a property segment that has bright prospects in Indonesia in years to come.
Recently debuting, DOSS ambitiously plan expansion of 2-3 outlets this year
07 Aug 2024 17:16
PT Global Sukses Digital Tbk (DOSS) reveals its expansion plan after recently securing its spot as an issuer listed on Indonesia Stock Exchange (IDX) through its initial public offering (IPO) on Wednesday, August 7, 2024.
BYAN to allocate IDR 306.16 billion for coal distribution
07 Aug 2024 14:40
PT Bayan Resources Tbk (BYAN), the biggest coal mining company in Indonesia, spends IDR 306.16 billion on the improvement of hauling road for coal logistics for one of its subsidiaries, PT Fajar Sakti Prima (FSP).
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.
Long list of companies on the verge of delisting, IDX pushes for buyback
07 Aug 2024 12:05
The authority of Indonesia Stock Exchange (IDX) advises companies on the verge of delisting to arrange a shares buyback as a means of investor protection.
SUN auction reported incoming bids of IDR 66.99 trillion
07 Aug 2024 11:01
Total incoming bids reported in the last round of Government Securities (SUN) auction hit IDR 66.99 trillion, according to DJPPR of the Ministry of Finance.
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.
