News & Event


February 24 2020
BCA says ride-hailing apps dragging down auto loan demand
PT Bank Central Asia Tbk (BCA) is blaming the bank’s contraction in automotive loans last year on the rise of ride-hailing apps and the “millennial lifestyle”. President director Jahja Setiaatma... Read more
The Jakarta Post - Read 0 times
February 24 2020
Builder Totalindo eyes Rp 3 trillion in contracts in 2020
PT Totalindo Eka Persada Tbk has achieved 10 percent of its target to book Rp 3 trillion (US$218 million) in new contracts in 2020, following its weak financial performance and plummeting share prices... Read more
The Jakarta Post - Read 0 times
February 24 2020
Vale Indonesia increases revenue despite falling production
PT Vale Indonesia Tbk has recorded higher revenue and earnings before interest and tax (EBIT) last year as nickel prices went up in the second half of 2019. Despite booking a 5-percent year-on-year (y... Read more
The Jakarta Post - Read 0 times
February 24 2020
Jakarta-Bandung high-speed railway project not affected by COVID-19
Transportation Minister Budi Karya Sumadi has said that the Indonesian Government remains committed to the Jakarta-Bandung high-speed railway project expected to be completed by the end of 2021, altho... Read more
Tempo - Read 0 times
February 24 2020
BNI to dispense dividends worth Rp3.85 trillion
PT Bank Negara Indonesia Tbk (BNI) has decided to pay out 25 percent of its last year's net profit of Rp15.38 trillion as dividends. "The RUPST (annual general meeting of the bank's shareholders) agre... Read more
Antaranews - Read 0 times
February 24 2020
MNC Vision books Rp 3.5 trillion of revenue in 2019
PT MNC Vision Networks Tbk obtained Rp 3.5 trillion of revenue in 2019, up 9% year-on-year from Rp 3.2 trillion in the previous year. Until the end of 2019, satellite service revenue has increased by ... Read more
Kontan - Read 0 times
February 24 2020
Kino Indonesia prepares Rp 350 billion to hike personal care production
This year, PT Kino Indonesia Tbk has allocated capital expenditure (capex) up to Rp 350 billion. The number grows 16.7% compared to the last year's capex valued Rp 300 billion. Kino Indonesia's Corpor... Read more
Kontan - Read 0 times
February 24 2020
Angkasa Pura I to develop 7 airports in this year
PT Angkasa Pura I will develop seven airports in this year by preparing airport development funds worth Rp 10.5 trillion. PT Angkasa Pura I President Director Faik Fahmi said the fund is slightly lowe... Read more
Kontan - Read 0 times
February 20 2020
Bank Mandiri to pay $1.2b dividends, appoints Chatib Basri as top commissioner
PT Bank Mandiri Tbk announced a plan to distribute Rp 16.49 trillion (US$1.2 billion) as dividends to its shareholders and the appointment of former finance minister Chatib Basri as its president comm... Read more
The Jakarta Post - Read 6 times
February 20 2020
OVO appoints former BI deputy governor Mirza Adityaswara as top commissioner
Digital payment service provider OVO appointed former Bank Indonesia (BI) deputy governor Mirza Adityaswara as the company’s president commissioner, aiming to elevate the fintech's role in the dig... Read more
The Jakarta Post - Read 3 times
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