JAKARTA -PT Waskita Beton Precast Tbk (WSBP) has paid its cash flow available for debt services (CFADS) phase IV worth IDR 84.57 billion. This obligation payment follows the provisions of Tranche A and B of homologated peace agreement approved by Central Jakarta District Court on September 20, 2022. Fathur Anwar, Director of Finance, Risk Management,...
JAKARTA – Shareholders of PT Hexindo Adiperkasa Tbk (HEXA)agreed upon the allocation of cash dividend of USD 38.99 million or USD 0.0464 per share during the Annual General Meeting of Shareholders yesterday (24/9). The dividend payment is scheduled on October 25, 2024. In the disclosure quoted Thursday (26/9), Listiana A. Kurniawati, Corporate Secretary of HEXA,...
JAKARTA. PT Cahaya Anagata Energi (CAE), a joint venture (JV) established byPT Pertamina Geothermal Energy Tbk (PGEO)and Chevron New Energies Holdings Indonesia Ltd. (Chevron), is ready to explore Geothermal Work Area of Way Ratai, Lampung. Last Tuesday (24/9), CAE has secured Geothermal License for Way Ratai Geothermal Work Area from the Ministry of Energy and...
Buyung Poetra Sembada Tbk (HOKI), a premium rice manufacturer and distributor debuted on Indonesia Stock Exchange (IDX) in 2017, is now eyeing market opportunity arising from high demand for healthy rice through its Dailymeal products. Budiman Susilo, Director of HOKI, said that Dailymeal is indeed designed to be able to generate healthier quality of life...
Samsung Electronics Co. announced that it has begun mass production of a new solid-state drive or SSD, which stores and transfers data for artificial intelligence personal computers. The South Korean advanced memory tech major has initiated mass producing PM9E1, a PCle 5.0 SSD with the industrys highest performance and largest capacity. According to the firm,...
India service sector expanded at a solid pace in September but growth in total new business, exports and overall output grew at the slowest rates since late-2023, final data compiled by S&P Global showed on Friday. The HSBC services Purchasing Managers Index fell to 57.7 in September from 60.9 in the previous month. The flash...
Asian stocks ended mixed on Friday as Middle East tensions persisted, and investors looked ahead to the all-important U.S. jobs report later in the day that could decide the path of U.S. interest rates. The dollar hovered near a six-week high in Asian trading and gold traded near record levels while oil prices steadied, after...
German stocks were little changed on Friday as Middle East tensions persisted, and investors looked ahead to the all-important U.S. jobs report later in the day that could decide the path of U.S. interest rates. Economists currently expect the report to show employment rose by 140,000 jobs in September after an increase of 142,000 jobs...
The Canadian market climbed to a fresh record high Friday morning, led by gains in technology, consumer discretionary, materials, financials and energy sectors. Data showing a strong reading of Canadas Ivey Purchasing Managers Index for the month of September and upbeat U.S. jobs data are aiding sentiment. The benchmark S&P/TSX Composite Index, which rose to...
The U.S. dollar spiked up against its major counterparts in the New York session on Friday, as nonfarm payrolls increased more than expected in September, reducing odds of a 50 basis point rate cut by the Federal Reserve in November. Data from the Labor Department showed that non-farm payroll employment jumped by 254,000 jobs in...