News & Event


August 02 2021
Astra International revenue up 19.6% in H1 on strong auto sales growth
PT Astra International Tbk has reported a 19.6 percent annual increase in revenue in the first half of this year, helped in part by a government incentive for the purchase of new cars. The diversified... Read more
The Jakarta Post - Read 4 times
August 02 2021
Mandiri says ‘no revision’ to loan growth target despite curbs
PT Bank Mandiri Tbk will hold its loan growth target at 6 percent for this year, in contrast to regulators' forecasts of a weaker performance. Bank Mandiri president director Darmawan Junaidi said tha... Read more
The Jakarta Post - Read 0 times
August 02 2021
Indosat to ‘slowly shut down’ 3G network
Publicly listed telecommunications firm PT Indosat has reaffirmed plans to phase out its 3G network as it shifts resources to develop 4G and 5G services in an evolving market. Indosat director & chief... Read more
The Jakarta Post - Read 0 times
August 02 2021
Kalbe Farma performance stays strong, profit up 7.9% in H1
PT Kalbe Farma Tbk saw a 7.9 percent annual rise in net profit to Rp 1.49 trillion (US$103.10 million) in the first half of 2021 following higher income across nearly all of its business segments and ... Read more
The Jakarta Post - Read 4 times
August 02 2021
Indonesia emerges as Mitsubishi’s largest market in Q1
Japanese auto giant Mitsubishi Motors Corporation (MMC) has recently announced that Indonesia became its largest market by country in the first quarter of fiscal year 2021 thanks to government’s fis... Read more
Jakarta Globe - Read 0 times
August 02 2021
Chandra Asri secures investment of up to Rp24.65 trillion
PT Chandra Asri Petrochemical Tbk (CAP) announced it has secured an investment of up to US$1.7 billion, which is equal to Rp24.65 trillion, for the second world-scale integrated petrochemical complex ... Read more
Antaranews - Read 5 times
August 02 2021
MRT Jakarta maximizes revenue from advertising as ridership declines
PT MRT Jakarta has maximized revenue from advertising or outside Revenue Per User (RPU) or non-farebox (NFB) as ridership continues to decline during the COVID-19 pandemic. Due to the extended public ... Read more
Antaranews - Read 5 times
August 02 2021
BSI disburses Rp2.11 trillion for financing PEN program
PT Bank Syariah Indonesia (BSI) has disbursed financing of Rp2.11 trillion from April 22 to July 2 in the second phase of the national economic recovery (PEN) program. “Hence, the leverage was recor... Read more
Antaranews - Read 3 times
August 02 2021
Malaysia's Axiata seeks 66% stake in Indonesia's Link Net
Malaysian telecoms group Axiata Group Bhd is exploring a deal to acquire an equity holding of almost two thirds of Indonesia's PT Link Net Tbk shares, it said in a stock exchange filing on Friday. The... Read more
Kontan - Read 5 times
August 02 2021
Solusi Bangun Indonesia (SMCB) sales rose 17.73% in the first semester
PT Solusi Bangun Indonesia Tbk recorded a brilliant performance throughout the first half of 2021. Until the end of June 2021, it recorded a sales of 6.22 million tons of cement. This figure increased... Read more
Kontan - Read 4 times
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