Bakrie Telecom's losses reached IDR 54.49 billion
19 Nov 2024 13:54
PT Bakrie Telecom Tbk (BTEL), a telecommunications issuer belonging to the Bakrie Group, posted a loss of IDR 54.49 billion in the first nine months (9M) of 2024.
Restructuring investment portfolio, DSSA to divest FREN
18 Nov 2024 09:37
PT Dian Swastatika Sentosa Tbk (DSSA) has divested some of its portion in PT Smartfren Telecom Tbk (FREN) to redistribute its investment portfolio.
XL Axiata’s net profit soared 31.7%, now reaching IDR 1.32 trillion
07 Nov 2024 16:31
PT XL Axiata Tbk (EXCL), one of the biggest telecommunication service providers in Indonesia, posted net profit of IDR 1.32 trillion within the first nine months (9M) of 2024.
Sales not improving, Unilever Indonesia saw 28.1% decline in 9M 2024
24 Oct 2024 12:16
PT Unilever Indonesia Tbk (UNVR), a Fast-Moving Consumer Goods (FMCG) company, booked net profit of IDR 3.01 trillion in the first nine months (9M) in 2024.
UNTR completes acquisition of geothermal company worth US$80.58 million
18 Oct 2024 10:01
PT United Tractors Tbk (UNTR) has completed the acquisition of 257,449 shares of Supreme Energi Rantau Dedap (SERD), a geothermal power generation company, at a price of US$80.58 million or IDR 1.25 trillion.
UNTR to channel interim dividend of IDR 2.42 trillion
30 Sep 2024 09:04
PT United Tractros Tbk (UNTR), a subsidiary of PT Astra International Tbk (ASII) engaged in the heavy equipment and mining industry, is preparing for interim dividend distribution of IDR 2.42 trillion or IDR 667 per share.
Successful spin-off, now OJK revokes Allianz’s sharia unit license
26 Sep 2024 15:28
Financial Services Authority (OJK) revokes the license of Sharia Unit of PT Asuransi Allianz Life Indonesia (AALI) following the spin-off.
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).
Komatsu heavy equipment sales plummeted, UNTR faced challenges from Chinese products
30 Aug 2024 16:01
Sales of Komatsu heavy equipment recorded by PT United Tractors Tbk (UNTR) up to July (7M) 2024 were recorded at 2,515 units, down 29% compared to 7M 2023 which reached 3,551 units.
BBTN: 2 years from now, BTN Syariah will be the 2nd biggest sharia bank in Indonesia
27 Aug 2024 16:25
Nixon LP Napitupulu, President Director of PT Bank Tabungan Negara Tbk (BBTN), announces its vision prepared for its sharia business unit, Bank Tabungan Negara Syariah, for the next two years.