by Yohanes Obor | Aug 11, 2016 | Finance, Markets, News
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...
by Yohanes Obor | Aug 11, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Bank Sahabat Sampoerna disbursed loan of Rp5.28 trillion in the first half of 2016, grew by 39% from Rp3.79 trillion in the same period of 2015. Ali Rukmijah, president director of Bank Sampoerna, third party funds also jumped 43.9% to...
by Yohanes Obor | Aug 11, 2016 | Industries, News, Steel
JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) had Wednesday (August 10) signed memorandum of understanding (MoU) to supply 50,000 tons of raw canai steel per year to PT Sunrise Steel. Henry Setiawan, president director of Sunrise Steel,...
by Yohanes Obor | Aug 9, 2016 | Mining, News, Resources
JAKARTA (Yosefardi) – Coal miner PT Golden Energy Mines Tbk (GEMS), part of Sinarmas Group, acquired PT Era Mitra Selaras and its subsidiaries from Glenfield Capital Inc. at value of US$37 million. The conditional sale and purchase agreement was signed in August...
by Yohanes Obor | Aug 9, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Shipping firm PT Logindo Samudramakmur Tbk (LEAD) suffered net loss of US$16.22 million in first half of 2016, significantly widened from loss US$679 thousand in the same period of 2015. Revenues declined 31%$ to US$17 million. Operating...
by Yohanes Obor | Aug 9, 2016 | Finance, Markets, News
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...
