KNEKS aims to gain status as BPES
09 Aug 2024 17:00
National Committee of Sharia Economy and Finance (KNEKS) is proposed to become a Sharia Economy Development Institution (BPES) in the upcoming government term.
Citi Indonesia: Low domestic consumption calls for structural reform, starting from services sector boost
09 Aug 2024 15:02
Amidst the streak of domestic consumption decline, Helmi Arman, Chief Economist of Citi Indonesia, believes that one of the keys to correct the issue lies on balanced growth of economic sector, giving more emphasis on labour-intensive sector, such as services sector.
DSSA to acquire data centre for IDR 26.5 billion
08 Aug 2024 19:12
PT Dian Swastatika Sentosa Tbk (DSSA), a mining company under Sinarmas Group, has reportedly acquired PT Teknovatus Solusi Sejahtera (TSS) for IDR 26.5 billion.
Citigroup: US in early phase of recession, opportunity for BI-rate cut
08 Aug 2024 11:39
Chief Economist of Citi Indonesia, Hemi Arman, revealed that the US economy is probably heading towards recession.
PLN net profit plunges 80.7% driven by soaring operating expenses
08 Aug 2024 10:59
Perusahaan Listrik Negara (Persero) or PLN, posted a net profit of IDR 4.99 trillion in the first semester (1H) 2024, down 80.7% year-on-year (yoy) or from the same period last year.
Despite sluggish sales, BIKE's net profit grew 18.8% in first half
07 Aug 2024 13:23
PT Sepeda Bersama Indonesia Tbk (BIKE), a bicycle distributor that holds the Genio Bike and United Bike brands, posted a net profit of IDR 4.67 billion in the first semester (1H) 2024.
Indika Energy’s net profit plummeted 76.6% in the first half
01 Aug 2024 12:53
PT Indika Energy Tbk (INDY) only managed to record net profit of USD 21.01 million in the first half (1) of 2024, down 76.6% year-on-year (yoy) from the same period last year.
Operational solid, Harita Nickel’s revenue and profit soared double-digit
01 Aug 2024 10:53
PT Trimegah Bangun Persada Tbk (NCKL), widely known as Harita Nickel, reported revenue increasing 25% year-on-year (yoy) in the first half of 2024, boosting its net profit by 10.4% yoy due to solid operational aspects.
PSSI sets up interim dividend distribution of IDR 146.66 billion
01 Aug 2024 10:06
PT IMC Pelita Logistik Tbk (PSSI), a logistics and shipping company debuting on Indonesia Stock Exchange (IDX) circa 2017, announced the plan of interim dividend distribution of IDR 146.66 billion.
First-half result in, AKRA scored IDR 1 trillion of net profit
30 Jul 2024 10:39
PT AKR Corporindo Tbk (AKRA) maintained its net profit at IDR 1 trillion in the first half of 2024, relatively stagnant compared to the record seen in the same period last year due to its declined revenue.