Telkomsigma Set to Be New Entity of Himbara

JAKARTA (Yosefardi) – PT Sigma Citra Caraka (Telkomsigma/Link), subsidiary of PT Telekomunikasi Indonesia Tbk (TLKM), is set to scale-up as the switching company for the group of state banks, called as Himpunan Bank Negara (Himbara), out under state investment...

Sri Rejeki Targets 15% Profit Growth

JAKARTA (Yosefardi) – Garment and textile producer PT Sri Rejeki Isman Tbk (SRIL) is optimistic to book net profit of US$64 million this year, a 15% growth compared to last year. In first half of 2016, SRIL posted 6.35% profit growth. The Company also targets...

Puradelta Marketing Sales Surpases Target

JAKARTA (Yosefardi) – PT Puradelta Lestari Tbk (DMAS) sold 51 hectares industrial land during first half of 2016, surpassing this full year target of 50 hectares. Last week, land sales to PT Astra Honda Motor (AHM) reached 38.3 hectares, located in Greenland...