| October 26 2020 |
| Matahari Department Store to close seven stores this year as pandemic |
| The corona pandemic (Covid-19) is putting pressure on the business of PT Matahari Department Store Tbk. During the year, the firm has closed its seven retail outlets. In addition, it has also closed a... Read more |
| Kontan - Read 2 times |
| October 23 2020 |
| IFG Life to focus on protection-oriented insurance to avoid Jiwasraya's mistakes |
| State-owned insurance holding firm Indonesia Financial Group’s (IFG) life insurance subsidiary, IFG Life, is expected to focus on protection-oriented insurance in a bid to avoid the mistakes of aili... Read more |
| The Jakarta Post - Read 13 times |
| October 23 2020 |
| OVO to collaborate with more investment, insurance firms next year |
| PT Visionet International (OVO) plans to grow its services and subsequently help boost the sector by collaborating with more investment firms, insurance companies and lending platforms in 2021. OVO CE... Read more |
| The Jakarta Post - Read 12 times |
| October 23 2020 |
| Bank Mandiri appoints Darmawan Junaidi as president director |
| PT Bank Mandiri Tbk named Darmawan Junaidi its new president director to replace Royke Tumilaar, who was named president director of state-owned Bank Negara Indonesia (BNI) in September. Darmawan, who... Read more |
| The Jakarta Post - Read 14 times |
| October 23 2020 |
| Operator confirms enforcement of Manado-Bitung toll road tariff soon |
| The Manado-Bitung toll road operator hinted that the toll road tariff will shortly be enforced at the 26.35-kilometer-long Manado-Danowudu toll road section inaugurated by President Joko Widodo on Sep... Read more |
| Antaranews - Read 15 times |
| October 23 2020 |
| PT PAL director named suspect in PT DI graft case |
| The Corruption Eradication Commission (KPK) named state-owned ship manufacturer PT PAL President Director Budiman Saleh as suspect in a graft case involving fictitious projects at the state-owned airc... Read more |
| Antaranews - Read 12 times |
| October 23 2020 |
| Garuda Indonesia, Lion Air to lower ticket price as Govt scraps airport tax |
| Garuda Indonesia and Lion Air Group airlines welcomed the government’s stimulus policy on the subsidy of the passenger service charge (PJP2U) or airport tax. Garuda Indonesia CEO Irfan Setiaputra sa... Read more |
| Tempo - Read 10 times |
| October 23 2020 |
| Matahari Department Store’s revenue nosedive 57.5 percent in the third quarter |
| PT Matahari Department Store Tbk's revenue during the first nine months of 2020 decreased by 57.5% on an annual basis. The company only pocketed Rp 3.33 trillion in revenue, from Rp 7.83 trillion in t... Read more |
| Kontan - Read 0 times |
| October 23 2020 |
| Unilever's net profit fell 1.27 percent to Rp 5.44 trillion |
| PT Unilever Indonesia Tbk pocketed a net profit of Rp 5.44 trillion by the end of September 2020, a decrease of 1.27% when compared to the same period last year of Rp. 5.51 trillion. Meanwhile, the fi... Read more |
| Kontan - Read 0 times |
| October 23 2020 |
| Widodo Makmur Unggas targets to gain 15% market share in the next 5 years |
| PT Widodo Makmur Unggas targets in the next five years to become a provider of animal-based food products with 15% of total market share. For information, PT Widodo Makmur Unggas plans to carry out an... Read more |
| Kontan - Read 12 times |