News & Event


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
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