The total volume of retail sales in New Zealand was down a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Monday - coming in at NZ$24 billion. The total value of seasonally adjusted retail sales was NZ$30 billion, down 0.7 percent on quarter (NZ$209 million). The...
JAKARTA -PT Jakarta Setiabudi Internasional Tbk (JSPT) will erect a residential condominium in Sanur, Bali, in 2025. Asan Effendi, Corporate Secretary of JSPT, confirmed that the company will be working on some new projects next year in Bali. “Based on Bali’s performance within the past 2-3 years, we saw demand for residential in Bali quite...
JAKARTA – PT BFI Finance Tbk (BFIN) has set a moderate target for asset growth and financing distribution by the end of 2024, in light of sluggish automotive market throughout the year. According to Sudjono, Finance Director of BFIN, the company aims for year-on-year (yoy) growth in assets and financing of 5% by the end...
JAKARTA -PT Bank Maybank Indonesia Tbk (BNII)will reportedly put land and building of PT Dafam Mambo International (DMAM), a subsidiary ofPT Dafam Property Indonesia Tbk (DFAM), in auction. This asset, worth IDR 72.71 billion, is located in Semarang, Central Java. Soviadi Nor Rachman, Corporate Secretary of DFAM, mentioned this decision to offer the assets in...
Wijaya Karya Beton Tbk (WTON), a precast concrete owned by PT Wijaya Karya (Persero) Tbk (WIKA), booked new contracts of IDR 4.99 trillion until October 2024. It is equal to 81% of 2024 new contract target, which is reportedly set to IDR 5.93 trillion by WTON. Infrastructure projects primarily supported WTON’s new contracts as of...
JAKARTA - On Monday, November 18, net foreign volume entered the green zone, closing at 571.83 million shares. This was because the foreign buy volume was 4.53 billion shares, while the foreign sell volume was just 3.95 billion shares. The most shares purchased belonged to the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), which...
The Singapore stock market on Friday snapped the two-day slide in which it had slipped almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,745-point plateau and its expected to see continued strength on Monday. The global forecast is positive, supported by increasing oil prices. The European and U.S....
The Taiwan stock market on Friday snapped the two-day slide in which it had stumbled almost 300 points or 1.3 percent. The Taiwan Stock Exchange now rests just above the 22,900-point plateau and it may see additional support on Monday. The global forecast is positive, supported by increasing oil prices. The European and U.S. markets...
The China stock market on Friday halted the three-day winning streak in which it had advanced more than 35 points or 1 percent. The Shanghai Composite now sits just beneath the 3,270-point plateau although its likely to make back some of that on Monday. The global forecast is positive, supported by increasing oil prices. The...
The Hong Kong stock market has moved lower in two straight sessions, dropping more than 470 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 19,230-point plateau although it may stop the bleeding on Monday. The global forecast is positive, supported by increasing oil prices. The European and...