Shoes sales decline, BIMA to divest assets to cover debts
01 Nov 2024 10:30
PT Primarindo Asia Infrastructure Tbk (BIMA), a shoe manufacturer operating since 1989, will divest some of its landbank to pay its obligations to creditors and suppliers.
Multi Bintang Indonesia’s net profit grew 28.6% in 9M 2024
24 Oct 2024 13:02
PT Multi Bintang Indonesia Tbk (MLBI), an alcoholic beverage manufacturer, booked net profit of IDR 762.57 billion within the first nine months (9M) of 2024.
Optimising idle assets, AMFG enters warehouse leasing business
23 Oct 2024 15:36
PT Asahimas Flat Glass Tbk (AMFG) is expanding its business to warehouse leasing through its assets located in Ancol, North Jakarta.
Prabowo appointed ranks of ministers of Kabinet Merah Putih
21 Oct 2024 13:39
President Prabowo Subianto and Vice President Gibran Rakabuming Raka for the 2024-2029 period inaugurated the ranks of Ministers and Deputy Ministers of the Kabinet Merah Putih (KMP) on Monday (21/10).
Getting to know KasikornBank, Bank Maspion’s controller from Thailand
20 Oct 2024 18:48
After the acquisition of PT Bank Permata Tbk (BNLI) by Bangkok Bank, Indonesia is once again welcoming another acquisition by a major bank of Thailand, KasikornBank, or more familiarly known as KBank, through the takeover of 84.55% of PT Bank Maspion Tbk (BMAS).
Exploring Indonesia’s MSME export potential, Ambassador: A lot to learn from Thailand
19 Oct 2024 18:23
Rachmat Budiman, Ambassador of Indonesia for Thailand, hopes Indonesia’s MSMEs to make a global-scale breakthrough. However, there are still a lot of tasks left for pertinent stakeholders to achieve this, including MSME players themselves.
Indomobil Multi Jasa saw 7.3% growth in revenue in 9M 2024
18 Oct 2024 16:35
PT Indomobil Multi Jasa Tbk (IMJS), a consumer financing company under Salim Group, booked revenue of IDR 2.71 trillion in the first nine months (9M) of 2024.
Punjabis take control of NETV
11 Oct 2024 11:07
Shareholders of PT Net Visi Media Tbk (NETV) have appointed Manoj Dhamoo Punjabi as President Director, replacing Deddy Hariyanto that resigned last week (11/10).
Rebranding, PermataBank launches Permata ME
10 Oct 2024 15:59
After logo rebranding last September, PT Bank Permata Tbk (BNLI) or more widely known as PermataBank, launches a new and modern look in its mobile banking application, now called Permata ME.
Inflation should slow down in November 2024
09 Oct 2024 17:14
Inflation in November 2024 and February 2025 is projected to decline, as stated in Retail Sales Survey of Bank Indonesia in August 2024.