JAKARTA – Shareholders ofPT Bank BTPN Tbk (BTPN) agreed upon the name change of the entity to PT Bank SMBC Indonesia Tbk. This approval was obtained during Extraordinary General Meeting of Shareholders yesterday (29/8). Henoch Munandar, President Director of BTPN, claimed that this step marks BTPN’s transformation in response to its ever-growing dynamics and portfolio....
JAKARTA – PT Bank Negara Indonesia (Persero) Tbk (BBNI) reported high performance of its credit disbursement until the first half (H1) of 2024, reaching IDR 727 trillion or up 11% year-on-year (yoy), supported by two primary segments: corporate credit and consumer credit. It is mentioned that BBNI’s corporate credit dominated its credit portfolio by up...
JAKARTA – Jakarta Stock Price Composite Index (JCI) was gaining strides from the opening bell until 11.25 AM WIB today (30/8) to 7,661.28. This uptrend resembled the pattern seen at yesterday’s (29/8) opening. Monitoring the board this morning, JCI opened at 7,645.73, before shifting up to 7,663.26 at 9.15 AM WIB. Although it slipped close...
AKR Corporindo Tbk (AKRA) proceeds with its business expansion plan to Eastern Indonesia in order to promote business growth within the next few years. Suresh Vembu, Director and Corporate Secretary of AKRA< mentioned that said strategy will be supported by integrated infrastructure. “We have solid infrastructures for storage, terminal, IT, etc,” added Vembu during Public...
Humpuss Maritim Internasional Tbk (HUMI), a subsidiary of PT Humpuss Intermoda Transportasi Tbk (HITS) engaged in marine transportation sector, has reportedly acquired 2 units of tugboats. The acquisition of these vessels is initiated by HUMI through its subsidiary, PT Humpuss Transportasi Curah (HTC). For the record, HTC is a business entity established since 2016, operating...
JAKARTA – Despite the success in breaking another record at morning session, Jakarta Stock Price Composite Index (JCI) slipped at today’s (29/8) closing bell. Monitoring the board until the closing bell, JCI was closed at 7,656.37, lower than 7,672.26 seen at the morning bell. JCI slippage this afternoon was in contrast with its mid-day pattern...
Jasa Armada Indonesia Tbk (IPCM) prepares IDR 158 billion for its capital expenditure this year, most of which will be channelled to new vessel acquisition. Most of said budget had been realised by IPCM to purchase 2 new vessels. In addition, the company had also allocated a portion of capex for vessel rejuvenation, supporting facilities,...
JAKARTA. The Indonesian government will hold an auction of Government Securities (lit. Surat Utang Negara/SUN) next Tuesday (3/9) with an indicative target of IDR 22 trillion. There will be 7 series of SUN auctioned off in this round, according to the Directorate of Budget Financing and Risk Management of the Ministry of Finance. They will...
Mitra Keluarga Karyasehat Tbk (MIKA) allocates capital expenditure (capex) budget of IDR 1 trillion this year, but the realisation until H1 2024 only reached 37.9%. Aditya Widjaja, Investor Relations of MIKA, mentioned that this year’s capex will be focused on the construction of hospital. Then, another portion will be allocated to acquisition of more updated...
JAKARTA -PT Astra Otoparts Tbk (AUTO) will add 14 Astra Otoservice outlets in the second half of 2024, which are expected to optimise service and its automotive spare part sales to consumers of AUTO. Tujuh Martogi Siahaan, Director of AUTO, said that the company has operated 16 Astra Otoservice outlets until the first half (H1)...