JAKARTA. PT Graha Prima Mentari Tbk (GRPM), the official distributor of Coca-Cola in Indonesia, allocates capital expenditure (capex) of IDR 20 billion this year. From said budget, around IDR 10 billion had been realised in the first half (H1) of 2024. Agus Susanto, President Director of GPRM, mentioned that this year, the company projected its...
Indofarma Tbk (INAF), a state-owned medicine and medical device manufacturer, is said to sell off its remaining assets to pay arrears to its own employees. The plan was announced by Kartika Wirjoatmodjo, Vice Minister of State-Owned Enterprises (SOEs), in Jakarta last Monday (2/9). “For employees, we plan asset divestment, which will be sold systematically to...
JAKARTA -PT Pembangunan Jaya Ancol Tbk (PJAA)reportedly received interim dividend of 2024 of IDR 100 billion from its subsidiary, PT Taman Impian Jaya Ancol (TIJA), the managing company of recreational park in Jakarta. However, the amount of dividend decreased 71.42% year-on-year (yoy) from IDR 350 billion seen last year. Daniel Nainggolan, Director of PJAA, confirmed...
JAKARTA – PT Bank Rakyat Indonesia (Pesero) Tbk or BRI continues to demonstrate its commitment to continue growing and providing the best service to its customers, as proven through the Diamond title for Total Service Quality Satisfaction award based on the Customer Perception Survey SQIndex 2024 at the 2024 Service Quality Awards. The SQ Award...
JAKARTA. Pemeringkat Efek Indonesia (Pefindo) has revised the rating for Bond I Year 2018 issued byPT Kapuas Prima Coal Tbk (ZINC)to “idCCC” from the initial “idD”. Said revision took place after ZINC concluded the payment of principal and coupon of bonds worth IDR 1.45 billion in total. Said arrears were supposed to be paid on...
Sejahteraraya Anugrajaya Tbk (SRAJ), the owner of Mayapada Hospital network, has granted additional capital of IDR 50 billion to one of its subsidiaries, PT Sejahtera Inti Sentosa (SIS). Afie Farisandi, Corporate Secretary of SRAJ, said that the capital investment is equal to 2.6% of total equity of the company. For the record, total equity of...
JAKARTA – Statistics Indonesia (lit. Badan Pusat Statistik/BPS) recorded inflation at 2.12% in August 2024, slowing down from 3.27% seen in August 2023. Similarly, inflation from July to August 2024 were seen at minus 0.03%, while year-to-date (ytd) recorded inflation shifting at 0.87%. In the press release quoted Monday (2/9), Windhiarso Ponco Adi, Director of...
JAKARTA - PT Bank Commonwealth (BC) officially merges intoPT Bank OCBC NISP Tbk (NISP), effective after it obtains approval from the Board of Commissioners of Financial Services Authority (OJK) yesterday (1/9). Hartati, Director of NISP, confirmed that Bank Commonwealth will be a subsidiary post-transaction. “This merger is intended as an implementation of the company’s commitment...
Provident Investasi Bersama Tbk (PALM), an investment holding company, plans to issue Shelf-Registration Bond II Phase III Year 2024 with total principal of IDR 1.1 trillion. The bond is a part of a more extensive public offering program of Shelf-Registration Bond II of PALM with total target proceeds of IDR 5 trillion. Prior to this,...
SUMENEP - Starting from being a BRI loan customer, now Sunaie has successfully become a BRILink Agent and UMi partner who has helped many people around her escape from financial problems. Yes, this woman from Pragaan Daya Village, Pragaan District, Sumenep Regency had problems with funding when running her grocery store business. Despite having more...