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Metro Pacific IPO worth USD 1.6 Billion

By administrator | October 4, 2019 | Consumer Goods.

Metro Pacific IPO worth USD 1.6 Billion. Metro Pacific Investment Corp, prepares to attract large funds from the Philippine stock market. The company, which is part owned by the Salim Group, will take off the stock of the Initial Public Offering.

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Banks add Liquidity

By administrator | October 4, 2019 | Finance.

Banks add Liquidity. At the end of the year, a number of banks began actively seeking inorganic funding. The growing third party funds or Dana Pihak Ketiga (DPK) that slowed down as well as the still tight liquidity became their.

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GGRP: Steel Domestic Demand Remains High

By administrator | September 29, 2019 | Basic Industry.

GGRP: Steel Domestic Demand Remains High. Gunung Raja Paksi Tbk (GGRP) officially became a public company, Thursday (19/9) then. GGRP aims at net profit of 2020 can reach USD 38.5 Million. This figure rises 48% YoY from this year’s profit target which is set at USD 26 Million. President Director of GGRP, Alouisius Maseimilian dare.

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TPIA Remains Expansive

By administrator | September 26, 2019 | Basic Industry.

TPIA Remains Expansive. The decline in the average sale price of ethylene and polyethylene, resulted in the performance of Chandra Asri Petrochemical Tbk (TPIA) along 1H19. TPIA’s revenues fell 18.1% to USD 1.05 Billion from USD 1.29.

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GGRP Targets Sales USD 906.64 Million

By administrator | September 21, 2019 | Basic Industry.

GGRP Targets Sales USD 906.64 Million. Gunung Raja Paksi Tbk (GGRP) targets increased steel sales volume this year. Therefore, the company’s revenues will increase. In this year, GGRP hopes to increase steel sales volume by 3.3% to 1.25 million.

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SMKL to Develop Export Market

By administrator | September 15, 2019 | Misc Industry.

SMKL to Develop Export Market. Trade wars between the United States (US) and China are continuously disrupting the flow of goods between the two countries. Paper packaging manufacturer, Satyamitra Kemas Lestari Tbk (SMKL).

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TGKA Buys 24.9% of Blue Gaz Shares

By administrator | September 12, 2019 | Trade Services.

TGKA Buys 24.9% of Blue Gaz Shares. The distribution company, Tigaraksa Satria Tbk (TGKA), added a stake in Blue Gas Indonesia (Blue Gaz). As a result, TGKA shares ownership in.

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Gojek Launch GoGames

By administrator | September 9, 2019 | Trade Services.

Gojek Launch GoGames. Technology company Gojek launches GoGames, the latest innovation one stop gaming ecosystem to enhance the experience of playing tens of millions of gamers in.

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POWR: Google Cloud Require Stable Power Supply

By administrator | September 6, 2019 | Infrastructure Transportation.

POWR: Google Cloud Require Stable Power Supply. Google reaffirmed its plans to build a Cloud Region infrastructure in Indonesia, especially in Jakarta, which operated on 1H20. It is part of the company’s commitment.

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UOB as Ruangguru Investor

By administrator | September 6, 2019 | Finance.

UOB as Ruangguru Investor. The digital economy in Indonesia is currently in the middle of attention. There are many new startups popping up, and there are even four local startups that are now unicorns. They are Gojek, Traveloka, Tokopedia, and Bukalapak. Minister.

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