Search result for: "ratings"

SRIL Generalized System of Preferences Facilities. Indonesia has just officially received an extension of the generalized system of preferences (GSP) facility from the United States (US). This decision was taken by the country of Uncle Sam through the United States Trade Representative (USTR) on Saturday.

Bond Default in 3Q20. The Covid-19 pandemic, which has not yet subside. It has increasingly disrupt business and corporate financial flows. In the third quarter of 2020, PT Pemeringkat Efek Indonesia (Pefindo) record three companies. Some of which had experience defaults and were at risk of.

Perusahaan Gas Negara Exceeds Target. As well as, Perusahaan Gas Negara Tbk (PGAS), Subholding Gas PT Pertamina (Persero). Said that it has built a gas pipeline network (jargas) reaching 73.8% in 23 districts / cities. From the 67.4% target by September 2020. The number of household connections that have been connected to.

Wijaya Karya Profit IDR 324.75 Billion. One of the construction companies own by the Indonesian Government. Wijaya Karya Tbk (WIKA IJ) post a net profit of Rp 324.75 billion in the first semester of 2020. This record was support by WIKA sales of Rp. 7.13 trillion, the majority of which was contribute by infrastructure and.

PP Properti Bulk Selling. The international rating agency Fitch Ratings has lowered the long-term national rating of PT PP Properti Tbk (PPRO) from BBB- to CCC. Fitch said that the downgrade of PPRO reflected a weak liquidity condition, which could lead to an increase in refinancing.

Perusahaan Gas Negara Target. A company engage in the transmission and distribution of natural gas. Perusahaan Gas Negara Tbk (PGN) has begun to expand its business overseas. The proof, this state-own company is targeting the development of liquefied natural gas. Or liquefied natural gas (LNG) to the international.

Sentul City Develops Smart City. The property issuer, Sentul City Tbk (BKSL IJ) has provide 200 ha of land to develop a technology-base smart city using industry 5.0. Head of Corporate Communication & Government Relations Sentul City Alfian Mujani said the company has held talks with investors from Singapore, but it has not yet.

Fitch Cuts Alam Sutera Rating. Global rating company, Fitch Ratings has lowered Alam Sutera Tbk (ASRI IJ) rating to CCC- from B- previously. At the same time. Fitch also downgrad the bonds issue by its two subsidiaries, Alam Synergy Pte Ltd. Which are guarante by a company with the same.

Sido Muncul Performance As Expectations. Increase domestic sales plus efficiency were the main factors. That made the financial performance of Sido Muncul Tbk’s Herbal. And Pharmaceutical Industry (SIDO IJ) in 1H20 meet expectations. Performance growth is expect to continue. In line with the increasing market demand for the company’s products. And the presence of new.

Mayora Indah Rating Remains AA. Fitch Ratings Indonesia has confirm Mayora Indah Tbk (MYOR) rating on AA (idn) with a stable outlook. In addition, Fitch also affirm the AA (idn) rating of the consumer goods company unsecure bonds amounting to IDR 550 billion. Just so you know, the national ranking in the AA.