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.
New contracts slipped in August, PTPP still on for IDR 32 T this year
28 Aug 2024 11:24
PT PP (Persero) Tbk (PTPP) recorded new contracts of IDR 17.4 trillion until August (8M) 2024, down from IDR 22.56 trillion recorded in 8M 2023.
BSDE to conclude SMDM acquisition this year
28 Aug 2024 10:00
The management of PT Bumi Serpong Damai Tbk (BSDE), a land and property developer, claims to be committed in concluding the acquisition process of PT Suryamas Dutamakmur Tbk (SMDM) at the end of 2024.
Tight on liquidity, BTN eyes moderate credit growth at 10-11% this year
27 Aug 2024 16:45
PT Bank Tabungan Negara Tbk (BBTN) reveals its moderate target on credit distribution growth in 2024, at 10-11%. In fact, at the end of June 2024, BBTN had reported credit growth of 14.4% year-on-year (yoy).
BBTN: 2 years from now, BTN Syariah will be the 2nd biggest sharia bank in Indonesia
27 Aug 2024 16:25
Nixon LP Napitupulu, President Director of PT Bank Tabungan Negara Tbk (BBTN), announces its vision prepared for its sharia business unit, Bank Tabungan Negara Syariah, for the next two years.
Sari Roti readies Pekanbaru factory to support western area sales
27 Aug 2024 15:08
PT Nippon Indosari Corpindo Tbk (ROTI), or popularly known as Sari Roti and Sari Kue, reveals that the construction of its latest production facility in Pekanbaru, Riau, will be completed in the fourth quarter of 2024.
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.
Aiming for 70 thousand tons production, Vale Indonesia eyes local factories for nickel ore sales
26 Aug 2024 16:50
After securing the extension of its Special Mining Business License (IUPK) last May, PT Vale Indonesia Tbk (INCO) is now confident to be able to attain nickel in matte production target of 70,800 wet metric tons (wmt) in 2024.
Supporting nickel downstreaming, Vale Indonesia realised 29.6% of capex in June 2024
26 Aug 2024 16:10
PT Vale Indonesia Tbk (INCO), an integrated nickel mining company, reported capital expenditure (capex) deployment of USD 118.5 million at the end of June 2024, or equal to 29.6% of total capex budgeted this year.
Jinxin Fertility Group takes part in Morula Indonesia, BMHS bags IDR 351.7 billion
26 Aug 2024 13:45
PT Morula Indonesia (MI), a subsidiary of PT Bundamedik Tbk (BMHS) engaged in in-vitro fertilisation (IVF), welcomes its newest shareholder, Jinxin Fertility Group (Jinxin).