JAKARTA – PT Waskita Karya Beton Tbk (WTON) recorded new contracts of IDR 3.36 trillion until July (7M) 2024, aligning with its new contract target until December 2024 of IDR 7.48 trillion. WTON’s new contracts as of July 2024 was dominated by infrastructure segment of up to 79.84%. “It was followed by industry segment of...
JAKARTA -PT Alam Sutera Tbk (ASRI)is optimistic that is will be able to secure marketing sales of IDR 2.8 trillion until the end of this year following realised marketing sales of IDR 1.2 trillion in the first half (H1) of 2024. Lilia Setiprawarti Sukotjo, Director of ASRI, said that the marketing sales target will be...
JAKARTA. PT Pelayaran Nasional Indonesia (Persero) or Pelni is planning to acquire 3 units of new passenger boats after obtaining state equity participation (lit. Penyertaan Modal Negara/PMN) of IDR 1.5 trillion. Tri Andayani, President Director of Pelni, mentioned that said plan is in line with the increased public’s interest towards marine transportation modes. “We will...
JAKARTA - On Tuesday, July 2, foreign buying volume totaled 1.76 billion shares, while foreign selling volume was 1.89 billion shares. This set of figures, which were not significantly different, yields net foreign volume of -124.59 million shares. The top shares on the top buy list belong to the digital company PT GoTo Gojek Tokopedia...
JAKARTA – PT Petrosea Tbk (PTRO) recently signed an amendment of the term sheet of mining service agreement with PT Pasir Bara Prima (PBP), a subsidiary of PT Singaraja Putra Tbk (SINI), last Wednesday (3/7). This mining service contract amendment will apply to the project of over burden removal and coal mining in PBP’s mine...
The euro strengthened against other major currencies in the Asian session on Monday, as worries about French election eased. France\'s far-right would not garner enough seats for an overall majority in legislative elections, easing concerns about further strains on the country\'s public finances. President Emmanuel Macron has called for a \"broad\" alliance against the far...
UK house prices increased at a slower pace in June as housing affordability remained stretched, mortgage lender Nationwide said on Monday. House prices gained 0.2 percent on a monthly basis, which was slower than the 0.4 percent rise registered in May. House prices were expected to remain flat in June. Year-on-year, house prices posted a...
Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of June, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI edged down to 48.5 in June from 48.7 in May, with a reading below 50 indicating contraction. Economists had...
A report released by the Commerce Department on Monday unexpectedly showed a slight decrease in U.S. construction spending in the month of May. The Commerce Department said construction spending edged down by 0.1 percent to an annual rate of $2.140 trillion in May after rising by 0.3 percent to a revised rate of $2.142 billion...
Germany\'s consumer price inflation slowed faster than expected in June amid a steeper year-on-year decline in energy prices and the core figure eased to its lowest in about two-and-a-half years, while services inflation proved sticky for another month, suggesting it is not yet time for policymakers at the European Central Bank to drop their guard....