| 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 |