Green Power Group subsidiary to start battery production
23 Sep 2024 08:22
PT Green Power Battery (GPB), a subsidiary of PT Green Power Group Tbk (LABA), will soon begin the battery production phase for electric vehicle needs.
Ready to compete with Chinese manufacturers, Astra launches 3 new battery-powered EVs
18 Sep 2024 17:19
PT Astra International Tbk (ASII) will compete with electric vehicle (EV) players from China, which have already been circulating in Indonesia.
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).
Alibaba Group to promote GOTO’s digital innovation
17 Sep 2024 17:03
Alibaba Group is providing Alibaba Cloud services to advance digital innovation of PT Goto Gojek Tokopedia Tbk (GOTO) for the next five years.
Signing the 2024-2026 Joint Working Agreement, BRI and the Workers' Union Strengthen Industrial Relations
06 Sep 2024 09:58
PT Bank Rakyat Indonesia (Persero) Tbk (BRI) signed the Joint Working Agreement (PKB) for the 2024-2026 period with the BRI National Workers' Union at BRI BRILiaN Tower, Jakarta (28/08).
ENRG to guarantee subsidiary’s credit facility of USD 198 million
05 Sep 2024 09:36
PT Energi Mega Persada Tbk (ENRG), an oil and gas company under Bakrie Group, has provided guarantee for a credit facility obtained by one of its subsidiaries, PT Imbang Tata Alam (ITA).
Nev Stored Energy to set up tender offer for LABA’s shares
05 Sep 2024 09:01
PT Nev Stored Energy (NSE) will initiate a voluntary tender offer for the shares of PT Green Power Group Tbk (LABA), a steel manufacturer formerly called PT Ladangbaja Murni Tbk.
GRPM readies capex of IDR 20 billion to boost performance by 50%
03 Sep 2024 08:02
PT Graha Prima Mentari Tbk (GRPM), the official distributor of Coca-Cola in Indonesia, allocates capital expenditure (capex) of IDR 20 billion this year.
ITMG to issue interim dividend of IDR 1,228 per share
02 Sep 2024 10:19
PT Indo Tambang Raya Megah Tbk (ITMG), a coal mining company under the control of Banpu Minerals (Singapore) Pte. Ltd., is scheduling its interim dividend payment.
Geopolitical tension, SMSM revises sales growth target to 2%
29 Aug 2024 10:48
PT Selamat Sempurna Tbk (SMSM) decides to revise the target of its sales growth for 2024 down to 2% from the initial target set to 8%.