| 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 |