JAKARTA – Rachmat Budiman, Ambassador of Indonesia for Thailand, hopes Indonesia’s MSMEs to make a global-scale breakthrough. However, there are still a lot of tasks left for pertinent stakeholders to achieve this, including MSME players themselves. “If we want to conquer global market in terms of MSME, we have to tame Thailand, as Thailand is...
JAKARTA. PT United Tractors Tbk (UNTR) has completed the acquisition of 257,449 shares of Supreme Energi Rantau Dedap (SERD), a geothermal power generation company, at a price of US$80.58 million or IDR 1.25 trillion. This price is slightly lower than the initial agreement, namely US$80.69 million or IDR 1.25 trillion. The adjustment of the total...
JAKARTA. PT PP Presisi Tbk (PPRE), a building construction issuer under the supervision of PT PP (Persero) Tbk (PTPP), has received relaxation to extend the sales period for treasury shares. Mohammad Arif Iswahyudi, Finance Director of PPRE, said that the transfer of the companys treasury shares was initially scheduled until 30 July 2027. However, with...
JAKARTA - The Central Statistics Agency (BPS) recorded the number of national tourist trips (wisnas) in August 2024 to be 648.11 thousand, down 29.38% from 917.8 thousand in July 2024. The number of national tourist trips has not yet fully recovered due to the COVID-19 pandemic. Based on the data compiled on Friday (18/10), it...
JAKARTA - The Composite Stock Price Index (IHSG) maintained its position in the green zone at the start of the morning session, but fell into the red zone at the close of transactions at 12.00 WIB. Based on JCI monitoring on Friday (18/10), the index rate strengthened in the green zone at the level of...
JAKARTA - Foreign net volume remained consistent in the green zone on Wednesday, October 16, closing at 70.86 million shares, as it had in previous days. The foreign buying volume was 4.61 billion shares, while the foreign selling volume was 4.54 billion shares. The shares with the highest sales were owned by the digital company...
JAKARTA. PT Matahari Putra Prima Tbk (MPPA), a retail issuer that operates the Matahari and Hypermart store networks, has distributed additional capital to one of its subsidiaries, namely PT Matahari Super Ekonomi (MSE). Mirtha Sukanto, Corporate Secretary of MPPA, said that the additional capital provided by the company to MSE was IDR 7.5 billion. This...
JAKARTA - PT Net Visi Media Tbk (NETV) is carrying out a reverse stock merger starting next week, with a ratio of 2:1 or two old nominal shares into a new share. Later, the new nominal value of Series A shares will be IDR 200 per share from the previous IDR 100 per share (Series...
JAKARTA. PT Lautan Luas Tbk (LTLS), importer and distributor of chemicals for the batik and food industries, will pay off the remaining Shelf Registration Bonds III Phase II 2021 Series A worth IDR 315 billion which will mature on November 12, 2024. Eurike Hadijaya, Investor Relations at LTLS, said that repayment of the debt securities...
JAKARTA - PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) recorded net profit growth of 556.19% in the first semester of 2024 from the same period in 2023. This realization reached 65.59% of the net profit in 2023 of US$20.27 million. In the 2024 Semester I Financial Report quoted on Thursday (17/10), the issuers net...