Infrastructure sector fluctuates, construction stocks attractive?
19 Feb 2025 14:20
Several construction issuers are believed to carry attractive prospects.
Ministry of Public Works’ budget cut, biggest impact on Directorate General of Water Resources
06 Feb 2025 16:37
At least 21 infrastructure projects will be postponed, affecting sectors such as road connectivity, water resources, and residential areas.
RONY eyes large infrastructure projects to boost growth
23 Jan 2025 15:45
RONY targets revenue growth by expanding its construction management and architecture services market to large tender projects.
Remain optimistic, Waskita Beton eyes new contracts worth IDR 7.48 trillion in 2024
29 Aug 2024 11:30
PT Waskita Karya Beton Tbk (WTON) recorded new contracts of IDR 3.36 trillion until July (7M) 2024, aligning with its new contract target until December 2024 of IDR 7.48 trillion.
Back to core business, PTPP intensifies asset divestment
28 Aug 2024 12:11
PT PP (Persero) Tbk (PTPP) plans to divest its subsidiary's share assets this year to support its strategy to refocus on its core business line, namely construction.
WIFI confident in telco business as new growth engine
27 Aug 2024 12:07
The management of PT Solusi Sinergi Digital Tbk (WIFI), or mostly known as Surge, expressed their optimism towards its telecommunication infrastructure (telco) business line, which is deemed capable to be the main growth engine for its performance in the future.
Low energy in domestic automotive scene, Garuda Metalindo eyes 50% growth in 2024 export
30 May 2024 16:12
Dealing with the idle domestic market, PT Garuda Metalindo Tbk (BOLT), a nuts and bolts manufacturer for automotive spare part, is looking for other opportunities in the global market by targeting export sales to increase by up to 50% this year.
KIJA raked in profit of IDR 528.6 billion
28 Mar 2024 10:19
PT Kawasan Industri Jababeka Tbk (KIJA) scored fantastic profit growth throughout 2023, supported by decreased loss on foreign exchange, reclassification of foreign currency translation, as well as its derivative instruments.
SMI to offer IDR 4 trillion bonds, setting highest coupon rate at 6.80%
03 May 2023 15:49
PT Sarana Multi Infrastruktur (Persero), a state-owned company engaged in the infrastructure financing sector, issues Shelf-Registration Bonds III Phase III Year 2023 with a total principal of IDR 4 trillion.
Telkom's transformation expected to drive market cap to IDR 500 trillion
03 Apr 2023 17:37
The transformation of PT Telkom Indonesia (Persero) Tbk (TLKM) into a digital infrastructure company is expected to push the market capitalization value to IDR 500 trillion in 2025.