JAKARTA – Nixon LP Napitupulu, President Director of PT Bank Tabungan Negara Tbk (BBTN), announces its vision prepared for its sharia business unit, Bank Tabungan Negara Syariah, for the next two years. In Public Expose Live 2024 of BBTN today (27/8), Napitupulu said that two years from now, BTN Syariah is projected to be the...
The Hong Kong stock market headed south again on Friday, one session after ending the two-day slide in which it had dropped almost 180 points or 1 percent. The Hang Seng Index now sits just above the 17,610-point plateau although its expected to bounce higher again on Monday. The global forecast for the Asian markets...
The Indonesia stock market turned higher again on Friday, one session after ending the four-day winning streak in which it had advanced almost 150 points or 2 percent. The Jakarta Composite Index now rests just shy of the 7,550-point plateau and its got a green light again for Mondays trade. The global forecast for the...
Indian shares look set to open higher on Monday after U.S. Federal Reserve Chair Jerome Powell rang the bell to start rate cuts, though he didnt provide specific information on when, or by how big any cuts to the borrowing cost would be. Meanwhile, rising oil prices due to an escalating conflict in the Middle...
JAKARTA – Jakarta Stock Price Composite Index (JCI) slipped to 7,565.78 right after the opening bell today (27/8) at 9.25 AM WIB. This trend is in contrast with the opening position at Monday (26/8), which arrived at 7,600. Monitoring the transaction during the morning session, JCI was seen fluctuating below the 7,600 level. However, it...
Bank Raya Indonesia Tbk (AGRO) booked credit distribution growth of 12.1% year-on-year (yoy) to IDR 6.8 trillion in the second quarter (Q2) of 2024, supported by enhancement in its digital business line. During the Public Expose Live 2024 held by AGRO today (27/8), outstanding digital credit distributed by the bank reportedly reached IDR 1.5 trillion...
JAKARTA – The management of PT Solusi Sinergi Digital Tbk (WIFI), or mostly known as Surge, expressed their optimism towards its telecommunication infrastructure (telco) business line, which is deemed capable to be the main engine growth for its performance in the future. For the record, as of June 2024, the contribution of telco segment in...
Bukit Asam Tbk (PTBA), a coal mining company under PT Mineral Industri Indonesia (Persero) or MIND ID, is targeting coals sales volume this year to reach 43.1 million tons. This target will be attainable through the optimisation of potentials of domestic and export markets. “We continue to maximise the domestic market potential, as well as...
JAKARTA -PT PP Properti Tbk (PPRO)reported 90% year-on-year (yoy) surge in occupancy rate of Prime Park Hotel & Convention Lombok following MotoGP Mandalika 2024 that will be held on September 27-30, 2024. This achievement is revealed by Andek Prabowo, President Director of PPRO, in the press release today (27/8). “Our hotel is elated to welcome...
JAKARTA - Two constituents in the 52 High Dividend Index in the vehicle spare parts industry, PT Astra Otoparts Tbk (AUTO) and PT Selamat Sempurna Tbk (SMSM) pocketed dividend yield growth in 2022 to 2023. However, AUTO pocketed significant growth in the last two years. Based on IDNFinancials’ data compiled on Thursday (22/8), AUTO scored...