| July 07 2020 |
| Atlas Resources’ revenue nosedive 80.87% in Q1 |
| A coal mining company PT Atlas Resources Tbk posted unsatisfactory financial performance during the first quarter of 2020. The company recorded revenue of US$ 12.01 million in the first quarter of 202... Read more |
| Kontan - Read 0 times |
| July 07 2020 |
| Terregra Asia Energy books net profit Rp 2.88 billion in Q1 |
| PT Terregra Asia Energy Tbk obtained Rp 3.06 billion of revenue in the first quarter of 2020. The number decreased 48.22% (yoy) compared to revenue in the first quarter of 2019 amounting to Rp 5.91 bi... Read more |
| Kontan - Read 4 times |
| July 07 2020 |
| Alfamart sees lowering sales in second quarter |
| PT Sumber Alfaria Trijaya Tbk, the operator of Alfamart, Alfamidi, and Lawson Indonesia , projected a decline in revenue in the second quarter of this year in line with the policy of large-scale socia... Read more |
| Bisnis Indonesia - Read 5 times |
| July 07 2020 |
| PP Properti obtains Rp 365 billion from marketing sales in first half |
| PT PP Properti Tbk’s marketing sales totaled Rp 365 billion as of June 2020. Director of PP Properti Mustarno said that up to semester I/2020 the company had recorded marketing sales of Rp365 billio... Read more |
| Bisnis Indonesia - Read 2 times |
| July 06 2020 |
| Pertamina expects to begin running Cilacap biorefinery in 2021 |
| PT Pertamina expects its new biofuel refinery in Cilacap, Central Java, to begin first-phase operations next year as part of the government’s biodiesel push. The facility will have a “small capaci... Read more |
| The Jakarta Post - Read 6 times |
| July 06 2020 |
| Bukopin inches closer to solving liquidity problems, regaining customer trust |
| PT Bank Bukopin Tbk is inching closer to solving its liquidity problem amid reports that customers are facing difficulties withdrawing their funds, sparking concerns over the bank's health. The Financ... Read more |
| The Jakarta Post - Read 5 times |
| July 06 2020 |
| Business watchdog fines Grab Rp30b for unfair business practices |
| The Business Competition Supervisory Commission (KPPU) announced that it would fine Grab Indonesia Rp 30 billion (US$2 million) and its car rental partner PT Teknologi Pengangkutan Indonesia (TPI) Rp ... Read more |
| The Jakarta Post - Read 6 times |
| July 06 2020 |
| PGN channels cheap gas to Unilever’s North Sumatra plant |
| Top national gas distributor PGN is channeling price-reduced natural gas to a major oleochemical plant in North Sumatra owned by a subsidiary of consumer giant PT Unilever Indonesia, giving a boost to... Read more |
| The Jakarta Post - Read 0 times |
| July 06 2020 |
| PGN channels cheap gas to Unilever’s North Sumatra plant |
| Top national gas distributor PGN is channeling price-reduced natural gas to a major oleochemical plant in North Sumatra owned by a subsidiary of consumer giant PT Unilever Indonesia, giving a boost to... Read more |
| The Jakarta Post - Read 0 times |
| July 06 2020 |
| Garuda books $120m net loss in Q1 as travel industry hit hard by COVID-19 |
| PT Garuda Indonesia Tbk booked a net loss of US$120 million in the first quarter of this year, in stark contrast to profitability achieved last year, as the COVID-19 pandemic hit travel-related indust... Read more |
| The Jakarta Post - Read 4 times |