Spindo to allocate capex of IDR 250 billion
26 Aug 2024 15:53
PT Steel Pipe Industry of Indonesia Tbk (ISSP) or Spindo is allocating capital expenditure (capex) of IDR 250 billion this year.
Foreign buy and sell volume comparable, net foreign volume closed at -114.84 million shares
26 Aug 2024 15:41
On Thursday, August 22, foreign investors' stock purchasing and selling activity was nearly equal, with a foreign buying volume of 2.04 billion shares and a foreign selling volume of 2.16 billion shares. As a result, net foreign volume ended at -114.84 million shares. On the top buy list, the most shares purchased belonged to the banking company PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), namely 350.72 million shares, with a net volume of 161.21 million shares.
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).
Ijen’s geothermal project by Medco Energy reported 93% completion
26 Aug 2024 13:07
PT Medco Energi Tbk (MEDC), an oil and gas company that slowly branches out to renewable energy sector, revealed that the construction project of Geothermal Power Plant of Ijen has reached 93% of target.
Telkom Indonesia confident on positive performance and profitability
26 Aug 2024 12:21
PT Telkom Indonesia (Persero) Tbk (TLKM), a telecommunication company with the biggest market capitalisation in Indonesia, is confident that it will be able to drive positive growth in performance, as well as generating profit by the end of 2024.
VTNY to reach Eastern Indonesia
26 Aug 2024 11:53
PT Venteny Fortuna International Tbk (VTNY) will expand its branch office to Eastern Indonesia, pursuing the opportunity in financing for micro, small, and medium enterprises (MSMEs).
Solid operational aspects post-COVID, BMHS saw profit surge of nearly 200%
26 Aug 2024 11:08
As of June 2024, PT Bundamedik Tbk (BMHS) reported slight increase in revenue of 9% year-on-year (yoy) compared to H1 2021.
Telkom to focus on sustainable revenue through Five Bold Moves strategy
26 Aug 2024 11:02
PT Telkom Indonesia (Persero) Tbk (TLKM) accelerates its Five Bold Moves (5BM) strategy, which will be realised through its FMC, InfraCo, and Data Centre businesses, as an implementation of an optimum business transformation.
ISSP scored profit growth in H1 2024 despite revenue decline
26 Aug 2024 10:57
PT Steel Pipe Industry of Indonesia Tbk (ISSP) booked net profit of IDR 210 billion in the first half (H1) of 2024, up 3.1% year-on-year (yoy) from IDR 203.21 billion seen in H1 2023.
TCPI to spend SGD 9.5 million on 2 pusher barges
26 Aug 2024 09:45
PT Transcoal Pacific Tbk (TCPI) is making investment worth SGD 9.5 million in order to purchase 2 pusher barges. Assuming that 1 SGD equals IDR 11,753, transaction value is projected to reach IDR 111.65 billion.