News & Event


August 09 2022
Garuda returns Bombardiers, leaves holes in eastern Indonesian flight routes
The government is on the hunt for substitute aircraft to accommodate flight routes in the east Indonesian region, following Garuda Indonesia’s decision to return 18 Bombardier CRJ-1000 fleets to the... Read more
The Jakarta Post
August 09 2022
Pertamina should ‘think twice’ about buying Shell’s Masela Block stake
The government is considering having Pertamina buy Shell’s 35 percent stake in the Abadi liquefied natural gas (LNG) project in the Masela Block, but experts say financial constraints in dealing wit... Read more
The Jakarta Post
August 09 2022
Garuda Indonesia assures customers of affordable ticket price
Garuda Indonesia President Director Irfan Setiaputra said the additional fee for air ticket prices would not reach 15 percent as allowed by the government following the surging aviation fuel prices. T... Read more
Tempo
August 09 2022
KAI records Rp 740 billion net profit in first half of 2022
State-run railway company PT Kereta Api Indonesia (KAI) booked net profit of Rp 740 billion (US$49.58 million) in the first half of 2022. The amount grew by 54 percent as compared to Rp 480 billion ($... Read more
Antaranews
August 09 2022
Pertamina Hulu Rokan produces 161 thousand barrels crude oil daily
PT Pertamina Hulu Rokan (PHR) Riau, a subsidiary of Indonesia's state-owned oil and gas company, produced up to 161 thousand barrels of crude oil per day. The production of crude oil increased since P... Read more
Antaranews
August 09 2022
Map Aktif Adiperkasa (MAPA) booked Rp 477.7 billion profit in first semester
PT Map Aktif Adiperkasa Tbk (MAPA) recorded a positive performance until the first semester of 2022. As of June 2022, MAPA's net profit shot to Rp 477.7 billion from Rp 92.2 billion. In the second qua... Read more
Kontan
August 09 2022
Medikaloka Hermina (HEAL) recorded lowering profit in first semester
PT Medikaloka Hermina Tbk (HEAL) recorded an unsatisfactory performance until June 2022. The company's net profit fell 58.98% year on year (yoy) to Rp 164.38 billion, in line with the decline in reven... Read more
Kontan
August 09 2022
Ramayana Lestari targets sales to grow 20% by the end of 2022
PT Ramayana Lestari Sentosa Tbk (RALS) targets sales growth of 20% by the end of 2022, while adding two new stores. "Ramayana targets sales to grow by 20 percent in 2022 compared to 2021," said Jane M... Read more
Kontan
August 09 2022
Dyandra Media (DYAN) recorded a net profit of Rp 4.4 billion in 1H
PT Dyandra Media International Tbk (DYAN), a holding company that oversees 27 companies and is engaged in the Meeting, Incentive, Convention and Exhibition (MICE) industry recorded a positive performa... Read more
Kontan
August 08 2022
Adaro records coal output up 17% yoy in second quarter
PT Adaro Energy has announced a 17 percent annual increase in coal production to 15.9 million tons in the second quarter, which has allowed the publicly listed coal miner to increase sales 16 percent ... Read more
The Jakarta Post
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