Images by GettyImages; Illustration by Hunter Newton/Bankrate Passive income can be a great way to help you generate extra cash flow, whether you’re running a side hustle or just trying to get a little extra dough each month, especially as the sting of high prices hits consumers hard. Passive income can help you earn more...
Klaus Vedfelt/ Getty Images; Illustration by Austin Courregé/Bankrate Even as inflation comes down and the Federal Reserve begins to cut interest rates, the economy still faces the risk of a recession. Building a portfolio that has at least some less risky assets can be useful in helping you ride out volatility in the market. The...
JAKARTA – As of June 2024, PT Bundamedik Tbk (BMHS) reported slight increase in revenue of 9% year-on-year (yoy) compared to H1 2021. However, solid operational activities, as well as cost efficiency, managed to bring forth net profit surge by up to 199% yoy. According to Financial Report of H1 2024, BMHS recorded revenue of...
JAKARTA -PT Venteny Fortuna International Tbk (VTNY)will expand its branch office to Eastern Indonesia, pursuing the opportunity in financing for micro, small, and medium enterprises (MSMEs). Damar Raditya, Group Chief Operating Officer (COO) of VTNY, mentioned that the company is still focusing in exploring the market in Indonesia, as MSME potentials are quite extensive, particularly...
Telkom Indonesia (Persero) Tbk (TLKM), a telecommunication company with the biggest market capitalisation in Indonesia, is confident that it will be able to drive positive growth in performance, as well as generating profit by the end of 2024. Heri Supriadi, Director of Finance and Risk Management of TLKM, mentioned that this projection is in line...
Medco Energi Tbk (MEDC), an oil and gas company that slowly branches out to renewable energy sector, revealed that the construction project of Geothermal Power Plant of Ijen has reached 93% of target. Ronald Gunawan, Director & Chief Operating Officer of MEDC, mentioned that said project is included in the company’s portfolio related to clean...
JAKARTA – PT Morula Indonesia (MI), a subsidiary of PT Bundamedik Tbk (BMHS) engaged in in-vitro fertilisation (IVF), welcomes its newest shareholder, Jinxin Fertility Group (Jinxin). The signing of this agreement took place on July 16, 2024, as a follow-up to the Shares Subscription and Purchase Agreement dated April 1, 2024. In said agreement, MI...
Canadian stocks are likely to open higher Tuesday morning on slightly firm metal prices. With the focus on Fed Chair Jerome Powell\'s congressional testimony, and upcoming U.S. earnings season, the mood is likely to remain a bit cautious. Powell\'s testimony on Tuesday and Wednesday is likely to provide more clues on the likely direction of...
Agricultural biotechnology firm Arcadia Biosciences, Inc. (RKDA) announced Tuesday that CEO Stan Jacot has left the company and been replaced by Thomas Schaefer, effective July 5, 2024. Schaefer was previously Arcadia\'s chief financial officer and will be replaced in that role by Mark Kawakami, Arcadia\'s current vice president of finance. Schaefer is an accomplished executive...
Elanco Animal Health, Inc. (ELAN) announced Tuesday it has completed the divestiture of its aqua business to Merck Animal Health (MRK) for approximately $1.3 billion in cash, with approximately $1.05 billion to $1.1 billion in net proceeds available for debt paydown in the third quarter of 2024. The successful completion of this transaction enables the...