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.
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.
A year debuting, CNMA stock crashes 18.42%
05 Aug 2024 16:46
The stock performance of PT Nusantara Sejahtera Raya Tbk (CNMA) reportedly plummeted 18.42% on August 5, 2024, recorded after a year debuting on Indonesia Stock Exchange (IDX).
Global Sukses Digital sets IPO price to IDR 135 per share
05 Aug 2024 12:42
PT Global Sukses Digital Tbk (DOSS), a retail company and an online marketplace specialised in photography tools, has set the offering price for the shares offered in Initial Public Offering (IPO) to IDR 135 each.
Theatre expansion strategy works, Cinema XXI saw 94% surge in net profit
29 Jul 2024 10:32
PT Nusantara Sejahtera Raya Tbk (CNMA) or Cinema XXI reported net profit of IDR 424.5 billion in the first half of 2024, up 94% year-on-year (yoy) from IDR 216.9 billion.
Arwana Citramulia’s net profit got corrected 16.6% in H1 2024
23 Jul 2024 13:38
PT Arwana Citramulia Tbk (ARNA), a ceramic manufacturer with known brands such as Arwana and UNO, booked net profit of IDR 203.15 billion in the first half (H1) of 2024.
Marketing sales at IDR 4.81 trillion in first half, BSDE is confident of this year’s target
22 Jul 2024 16:46
PT Bumi Serpong Damai Tbk (BSDE) has realised marketing sales of IDR 4.84 trillion in the first half (H1) of 2024.
Chandra Asri now provides integrated port and liquid bulk storage services
19 Jul 2024 16:23
PT Chandra Asri Pacific Tbk (TPIA) now operates sea port solutions (loading and unloading and mooring services) as well as bulk liquid storage through one of its subsidiaries, namely PT Chandra Pelabuhan Nusantara (CPN).
Joining hands with Metland, Multivision Plus to expand Platinum Cineplex
18 Jul 2024 10:33
Platinum Cineplex, a movie theatre network under PT Tripar Multivision Plus Tbk (RAAM), has expanded its network following the signing of Memorandum of Understanding (MoU) with Metland Cibitung.
Mandom Indonesia to raise credit limit of subsidiary of IDR 7.5 billion
12 Jul 2024 14:54
PT Mandom Indonesia Tbk (TCID), a body care product manufacturer and distributor, has signed an amendment of credit agreement with one of its subsidiaries, PT Alliance Cosmetics (PTA).