Operational costs swelled, ZONE saw 65.5% decline in net profit
14 Aug 2024 10:03
PT Mega Perintis Tbk (ZONE), a retail specialised in clothing, booked net profit of IDR 15.01 billion in the first half (H1) of 2024.
KNEKS appointed 90 Sharia Pioneer Schools
09 Aug 2024 19:59
The National Committee for Sharia Economics (KNEKS) once again designated 46 State High Schools/Vocational Schools in DI Yogyakarta as pioneer schools for sharia economics.
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.
DOID quietly collects 5.07% of Australia-based 29Metals
09 Aug 2024 11:13
PT Bukit Makmur Mandiri Utama (BUMA), one of subsidiaries of PT Delta Dunia Makmur Tbk (DOID), has acquired 36.51 million shares or 5.07% of 29Metals, a copper and precious metal mining company based in Australia.
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.
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.
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.
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.
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.