Garuda CEO to press ahead with price negotiation
30 Apr 2020 11:14
PT Garuda Indonesia (Persero) Tbk (GIAA) is asking aircraft lessors to provide discounts on aircraft leasing prices that are higher than the market price.
Unilever books first quarter net revenue of Rp 11.2 trillion
30 Apr 2020 09:53
PT Unilever Indonesia, Tbk (UNVR) managed to record net revenue amounting to Rp 11.2 trillion, growing 4.6% compared to the same period in the previous year
BI: Purchase of SBN will not cause inflation
27 Apr 2020 06:31
Bank Indonesia (BI) ensures that its action of purchasing Government Securities (SBN) on the primary market will not cause inflation
53% of regencies and cities in Indonesia have been affected by COVID-19
24 Apr 2020 16:12
The government stated that 273 regencies and cities have been affected by the coronavirus (COVID-19) pandemic, around 53% of the total number of regencies and cities in Indonesia (514).
Taiheiyo Cement to acquire 15% stake in Solusi Bangun Indonesia via rights issue
24 Apr 2020 11:50
PT Solusi Bangun Indonesia Tbk (SMCB) will launch a rights issue following Taiheiyo Cement Corp's (TCC) plan to acquire a 15% stake in the company for US$220 billion.
Garuda Indonesia estimates that its revenue will decline by 33% YoY in Q1 2020
24 Apr 2020 11:34
PT Garuda Indonesia (Persero) Tbk (GIAA) estimates that its revenue will decline by 33% YoY in Q1 2020, due to declining passenger numbers and ticket selling prices.
Taiheiyo Cement to invest US$220 million in Solusi Bangun Indonesia
22 Apr 2020 11:45
Japanese cement manufacturer Taiheiyo Cement Corporation (TCC) seeks to become a shareholder in PT Solusi Bangun Indonesia Tbk (SMCB) through a rights issue, in which TCC will invest US$220 million.
Indonesia Eximbank slammed by exporters for increasing rates
21 Apr 2020 11:30
The Indonesian Exporters’ Association (GPEI) has criticised Indonesia Eximbank for raising credit rates by 2% to 8%, saying that the policy will only make the national export sector even less competitive amid the coronavirus (COVID-19) pandemic.
Allianz Indonesia and Halodoc provide free rapid tests in DKI Jakarta red zone
21 Apr 2020 09:32
Allianz Indonesia through the Yayasan Allianz Peduli collaborated with Halodoc to hold a free drive thru rapid test for COVID-19 in DKI Jakarta.
COVID-19: Occupancy rates of Yogyakarta trains slump to 10%
20 Apr 2020 11:22
The Yogyakarta 6th Operational Area of PT Kereta Api Indonesia (Persero) records that occupancy rates of long-distance trains in the region have fallen to 10% due to the coronavirus (COVID-19) pandemic.