TPS Food Eyes 30% Growth
JAKARTA (Yosefardi) – PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA) expects to have a 30% growth in revenues this year after debt settlement for forein currency denomination and divesting palm oil asset/company.
read moreRupiah Appreciation Continues
JAKARTA (Yosefardi) – The central bank, Bank Indonesia (BI), said the rupiah appreciation continued in line with the promising domestic economic outlook and easing external risks.
read moreBI 7-Day RR Rate Kept at 5.25%
JAKARTA (Yosefardi) – The central bank, Bank Indonesia (BI), decided Friday last week to hold the BI 7-Day Reverse Repo Rate (BI 7-Day RR Rate) at 5.25%, with the Deposit Facility rate held at 4.50%, while lowering the Lending Facility 100 bps to 6.00%.
read moreIntiland Sets Up Rp4 Trillion Underlying Asset for DIRE
JAKARTA (Yosefardi) – Property developer PT Intiland Development Tbk (DILD) prepares three projects worth Rp4 trillion to become the underlying assets for issuing real estate investment fund (DIRE).
read moreMultifinance Industry Posts 3.7% Profit Decline
JAKARTA (Yosefardi) – Multifinance industry booked net profit of Rp5.45 trillion in first half of 2016, declined 3.71% from Rp5.66 trillion in the corresponding period of 2015.
read moreSurya Internusa Seeks Partner for Rp5.5 Trillion Project
JAKARTA (Yosefardi) – Industrial estate developer Surya Semesta Internusa (SSIA) is seeking strategic partner for developing office, apartment, and hotel projects worth Rp5.5 trillion. The first phase of development (Rp1.5 trillion value) is set for 2017.
read moreCitibank Posts 55% Profit Growth
JAKARTA (Yosefardi) – Citibank N.A Indonesia booked net profit of Rp1.2 trillion in first half of 2016, grew by 55% from Rp777 billion in the corresponding period of 2015.
read morePelindo Mulls to Issue Rp4.6 Trillion Mutual Fund
JAKARTA (Yosefardi) – State port management PT Pelabuhan Indonesia (Pelindo) I mulls to issue limited-placed mutual funds (RDPT), targeting to raise Rp4.6 trillion. The issue will be conducted in gradual.
read moreJP Morgan Posts 78.76% Profit Growth
JAKARTA (Yosefardi) – JP Morgan Chase Bank (Indonesia branch) booked profit after tax of Rp202 billion in first half of 2016, grew by 78.76% from Rp113 billion in the same period of 2015.
read moreTPS Food Posts 30.6% Profit Growth
JAKARTA (Yosefardi) – PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA) booked profit attributable to equity of Rp255.96 billion in first half of 2016, grew by 30.6% from Rp195.96 billion in the corresponding period of 2015.
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