by Yohanes Obor | Aug 4, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – State construction frim PT Wijaya Karya Tbk (WIKA) revises up its profit target for this year, to 25.3% growth, to Rp940 billion from initial target of Rp750 billion profit. Compared to 2015’s profit (Rp625 billion), the profit target...
by Yohanes Obor | Aug 4, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Shipping firm PT Soechi Lines Tbk (SOCI) plans to convert all its rupiah debt into dollar, aiming to minimise impact from currency fluctuation and avoiding foreign exchange (forex) loss. The appreciation of rupiah has led SOCI to suffer...
by Yohanes Obor | Aug 4, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – Association of Indonesian Ceramic Producers (Asaki) reported a 5% decline of national ceramic production, to 160-179 meter cubic (m2) in first half of 2916, along with the weakness of property industry, the biggest sector to absorb ceramic....
by Yohanes Obor | Aug 3, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Rukun Raharja (RAJA) booked net profit of US$2.3 billion in the first half of 2016, dropped 59.6% from Rp5.7 million in the corresponding period of 2015. Revenues fell 6.1% to US$77.3 million from previous US$82.02 million. The...
by Yohanes Obor | Aug 3, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – In order to increase the potential growth of the Islamic financial markets, the Indonesia Stock Exchange (IDX) and Bursa Malaysia Tuesday (August 2) announced the signing of the Memorandum of Understanding (MOU) for cooperation to develop...
by Yohanes Obor | Aug 2, 2016 | Healthcare, Industries, News
JAKARTA (Yosefardi) – PT Siloam International Hospitals Tbk (SILO) targets to build 10 units of hospitals per year, to have 300 hospitals in total. Starting the hospital business since 1996 under PT Sentralindo Wirasta, Siloam Hospitals has operated 20 hospitals...
by Yohanes Obor | Aug 2, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – Property developer PT Bumi Serpong Damai Tbk (BSDE), through its subsidiary PT Duta Pertiwi Tbk (DUTI), acquired 120 hectars land in Benowo, Surabaya at value of Rp1.4 trillion. BSDE then has total land bank of 440 hectares. This...
by Yohanes Obor | Aug 2, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – PT Media Nusantara Citra Tbk (MNCN) mulls to offer shares of its unit PT MNC Pictures through the initial public offering (IPO), expected to happen next year. MNC Pictures produces content for TV screen (sinetron and film for cinema). The...
by Yohanes Obor | Aug 2, 2016 | Mining, News, Resources
JAKARTA (Yosefardi) – Gold producer PT J Resources Asia Pacific Tbk (PSAB) mulls to offer new shares through preemptive rights scheme, to boost its free float to 20% from current 7.5%. The company needs fresh funds of US$400 million, to fund drilling activity in 5...
by Yohanes Obor | Aug 2, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange gained 0.2% to 5372 this morning, extending yesterday gain, with tax amnesty program boosting the market sentiment. While Asian shares edged lower in early trading on Tuesday, taking their...
