January-September 2024, trade balance drops 20.71%
17 Oct 2024 14:11
Indonesia's trade balance during January-September 2024 fell 20.71% compared to the same period in 2023.
GMFI net profit soars 556.19% in first half
17 Oct 2024 10:58
PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) recorded net profit growth of 556.19% in the first semester of 2024 from the same period in 2023. This realization reached 65.59% of the net profit in 2023 of US$20.27 million.
Negative equity, Logindo Samudera Makmur to hold private placement
08 Oct 2024 21:30
PT Logindo Samudera Makmur Tbk (LEAD), an oil and natural gas services company, will carry out additional capital without granting pre-emptive rights (PMTHMETD) or private placement.
Strengthening corporate services, BBNI readies BNI Direct
03 Oct 2024 17:14
PT Bank Negara Indonesia (Persero) Tbk (BBNI) will launch BNI Direct, a digital platform designed to improve services for corporate users.
PTRO to invest IDR 6 trillion on mining equipment in Central Kalimantan
01 Oct 2024 10:01
PT Petrosea Tbk (PTRO) spent IDR 6 trillion of its capital expenditure (capex) budget in order to acquire new supporting equipment to support business expansion in Central Kalimantan.
BI and BNM work on potential currency swap worth IDR 82 trillion
27 Sep 2024 14:55
Bank Indonesia (BI) and Bank Negara Malaysia (BNM) enable local currency exchange with total value amounting to a maximum of IDR 82 trillion or equal to MYR 24 billion throughout the next 5 years.
LABA secures battery pack procurement contract
23 Sep 2024 17:00
PT Green Power Battery (GPB), a subsidiary of PT Green Power Group Tbk (LABA), has secured a contract to procure electric vehicle battery packs worth a total of IDR 139 billion from PT Gotion Indonesia Materials (GIM).
No more coal business expansion, UNTR confident on branching out to mineral mining and NRE
18 Sep 2024 14:46
PT United Tractors Tbk (UNTR), an issuer engaged in the mining industry, reasserts its intention to no longer expand its coal mining business and instead direct its focus on diversification to mineral mining and investment in new and renewable energy (NRE).
UNTR to revise Komatsu sales, slightly up to 4500 units
18 Sep 2024 14:15
Despite the normalisation of coal mining industry after sudden surge in commodity price in the past couple of years, PT United Tractors Tbk (UNTR) gains confidence and revises the projection of Komatsu sales to 4500 units.
August 2024 saw trade surplus dropped 6.96% yoy
17 Sep 2024 11:52
Indonesia’s trade surplus in August 2024 of USD 2.89 billion dropped 6.96% year-on-year (yoy) from USD 3.11 billion seen in August 2023.