June 2024’s forex reserves reached USD 140.2 billion
05 Jul 2024 10:44
Foreign exchange (forex) reserves as of June 2024 were reported at USD 140.2 billion, up from May 2024 of USD 139 billion.
ADCP to pair up with JKB for Adhi City Sentul development
27 Jun 2024 16:01
PT Adhi Commuter Properti Tbk (ADCP) partners with PT Jeca Karya Bersama (JKB) will develop Adhi City Sentul commercial area with an investment worth IDR 39.9 billion.
EV sales hit 2k units in Q1 2024, MCASH aim for double-digit growth in EBITDA
19 Jun 2024 13:40
PT MCash Integrasi Tbk (MCAS), a parent entity of the manufacturer of Volta electric motorcycle, is targeting EBITDA to grow double-digit until the end of 2024.
Unilever Indonesia divests assets for IDR 57.6 billion
13 Jun 2024 09:40
PT Unilever Indonesia Tbk (UNVR) has divested its asset, which is an ice cream production machine, for a transaction value worth EUR 3.27 million or equal to approximately IDR 57.6 billion.
DYAN eyes 10% revenue growth in 2024
21 May 2024 13:40
Although the net profit shifted 32.4% year-on-year (yoy) down in Q1 2024, PT Dyandra Media International Tbk (DYAN) booked meagre growth in Q1 2024 revenue, up 3.5% yoy to IDR 383.4 billion.
Indonesia’s forex reserves down 3%
13 May 2024 09:53
The foreign exchange (forex) reserves of Indonesia slipped 3% down to USD 136.2 billion in April 2024 from USD 140.4 billion in Mach 2024.
These six companies are out of IDX80
25 Apr 2024 10:36
Six issuers got kicked out from IDX80 after a major evaluation conducted by Indonesia Stock Exchange yesterday (24/4).
Unilever Indonesia’s net profit grew 3.06% in Q1 2024
25 Apr 2024 09:30
PT Unilever Indonesia Tbk (UNVR), a Fast-Moving Consumer Good (FMCG) company with the highest market capitalisation, booked net profit of IDR 1.44 trillion in Q1 2024.
BBKP secures loan facility of USD 300 million from Korea Development Bank
18 Apr 2024 07:56
PT Bank KB Bukopin Tbk (BBKP) has obtained a long-term loan facility worth USD 300 million from its parent company, KB Kookmin Bank Co., Ltd., under Korea Development Bank.
Allocating IDR 84 billion, MCASH to focus on EV and cloud advertising
17 Apr 2024 15:33
PT M Cash Integrasi Tbk (MCAS) or MCASH, a digital infrastructure and ecosystem solution provider, is said to have budgeted IDR 84 billion for its capital expenditure (capex) in 2024.