Struggling throughout the year, Astra finally stabilised profit in September 2024
01 Nov 2024 12:05
PT Astra International Tbk (ASII) or Astra Group finally recorded relatively stable profit trend in September (9M) 2024 compared to 9M 2023.
Revenue slipped, BNBR’s net profit multiplied 4 times
25 Oct 2024 13:53
PT Bakrie & Brothers Tbk (BBNR), a multi-sector holding company under Bakrie Group, booked net profit of IDR 636.27 billion within the first nine months (9M) of 2024.
Sales declined, VKTR Teknologi Mobilitas’s net profit plummeted 45.9%
25 Oct 2024 09:05
PT VKTR Teknologi Mobilitas Tbk (VKTR), an electric vehicle trading and manufacturing company under Bakrie Group, only recorded net profit of IDR 10.55 billion within the first nine months (9M) of 2024.
Bakrie & Brothers to convert IDR 855 billion debt to equity
23 Oct 2024 09:28
PT Bakrie & Brothers Tbk (BNBR), a holding company under Bakrie Group, is scheduling a capital increase without pre-emptive rights of 13.35 billion shares.
Ending her term, Angle Tanoesoedibjo now takes position as Co-CEO of MNC Group
22 Oct 2024 11:18
Angela Tanoesoedibjo takes office as Co-CEO of MNC Group after ending her term of office as Vice Minister of Tourism and Creative Economy from 2019 to 2024.
Operating JST 1, BDDC now eyes landbank in Cikarang for new data centre
09 Oct 2024 15:43
Setyanto Hantoro, President Commissioner of BDDC, reveals the next step after officially operating BDDC JST 1, its latest data centre in Jatinegara, East Jakarta.
BDDC JST 1 officially operate, now collaborating with APJII for IIX-JK2
09 Oct 2024 15:17
Bersama Digital Data Centre (BDDC) held the Grand Opening of BDDC JST 1, its latest data centre in Jatinegara, East Jakarta, today (9/10).
Indocement to form another JV with Japan's Amita Group
09 Oct 2024 08:44
PT Indocement Tunggal Prakarsa Tbk (INTP) has invested 20% of capital, or IDR 2 billion, in PT Amita Prakarsa Hijau (APH), a joint venture established by Amita Group from Japan.
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.