Sorini Agro Profit Drops 64%

JAKARTA (Yosefardi) – PT Sorini Agro Asia Corporindo Tbk (SQBI) booked net profit of Rp52.2 billion for first half (H1) of 2016 (ending May), dropped 64% from Rp145.34 billion in the corresponding period of 2015. Revenues declined 4% to Rp2.41 trillion from...

Rupiah 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. In the second quarter of 2016, the rupiah appreciated by an average of 1.59% to...