JAKARTA – The management of PT Garuda Indonesia (Persero) Tbk (GIAA)is projecting its performance to remain on track following performance optimisation initiatives nearing the end of 2024. The strategies include production increase through four additional aircrafts and global partnership with international airlines. Irfan Setiaputra, President Director of GIAA, mentioned that the company’s performance is projected...
JAKARTA -PT Vale Indonesia Tbk (INCO) and GEM Co Ltd, Beijing, China, have reportedly agreed upon a contract regarding investment in net-zero nickel production in Central Sulawesi. The contract signing took place during the bilateral business meeting between Indonesia and China, overseen by Indonesian President, Prabowo Subianto, himself. In the press release quoted Monday (11/11),...
JAKARTA – Slipped in September, PT Astra International Tbk (ASII) reported Astra car sales increasing 8.7% month-to-month (mtm) to 43,596 units from 40,096 units recorded last September. In October 2024, Toyota and Lexus’s sales increased to 27,211 units from 25,591 units, followed by Daihatsu’s sales from 12,676 units to 14,096. Then, Isuzu’s sales also skyrocketed...
JAKARTA - For those of you who have been trying to pursue your dreams, its time to take a break by giving appreciation to yourself as the Hero of Life! Dont worry, in the middle of the month, entering the beautiful date 11.11, wondr by BNI presents a series of interesting promos that can make...
JAKARTA - On Wednesday, November 6, foreign investors’ shares purchases hit up to 4.67 billion shares. Meanwhile, foreign sales volume stood at 4.49 billion shares, resulting in a net foreign volume surplus of 181.96 million shares. The mineral mining business PT Bumi Resources Minerals Tbk (BRMS) had the most shares purchased, totalling 882.48 million shares...
Wijaya Cahaya Timber Tbk (FWCT), a plywood manufacturer established circa 2017, announces interim dividend distribution of IDR 3 per share, or a total of IDR 5.63 billion. Budi Tjahjadi, Director of FWCT, mentioned that the plan is in line with the decision of the board of directors made a couple of days ago. “It had...
TBS Energi Utama Tbk (TOBA), an issuer in the management consultancy field and a holding company, has reportedly acquired Sembcorp Environment Pte Ltd (SEPL). The acquisition is carried out by TOB through one of its subsidiaries based in Singapore, SBT Investment 2 Pte Ltd. It is known that SBT 2 is a company owned by...
JAKARTA. PT Mandiri Tunas Finance (MTF), a subsidiary of PT Bank Mandiri (Persero) Tbk (BMRI) engaged in financing industry, is issuing Shelf-Registration Bond VI Phase IV Year 2024 with total principal of IDR 1.61 trillion. The security is a part of a public offering program of Shelf-Registration Bond VI of MTF with target proceeds reaching...
JAKARTA - PT Sarana Mutligriya Finansial (Persero) will issue Shelf-Registration Social Bond I Phase IV Year 2024 worth IDR 1.2 trillion. The public offering will start from November 22 to 25, 2024. In the issued prospectus quoted Monday (11/11), the proceeds from this bond issuance will be used to refinance housing and residential financing in...
JAKARTA. PT Aneka Tambang Tbk (ANTM) or Antam and PT Freeport Indonesia (PTFI) have signed a sale and purchase agreement of gold with purity level of 99.99% to reinforce domestic gold supply chain. With this collaboration, Freeport will provide raw materials for PTFI, which will then be processed by Antam to be precious metal products....