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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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ERAA Strategy Enlarges IoT Business

By administrator | September 15, 2019 | Trade Services.

ERAA Strategy Enlarges IoT Business. Erajaya Swasembada Tbk (ERAA) is utilizing a digital boom. This time, ERAA’s management will expand the Internet of Things (IoT) and lifestyle technology business lines this.

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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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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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ARKA: Pursuing Revenue Targets

By administrator | September 1, 2019 | Misc Industry.

ARKA: Pursuing Revenue Targets. Arkha Jayanti Persada Tbk (ARKA) pursues revenue target for this year amounting to IDR 160 Bn. The Target was 53% higher than the realization of ARKA revenue in 2018 of IDR 104 Bn. Even so, up to 1H19, the new ARKA recorded revenues of IDR 50.79.

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BBNI Mortgage Interest Still High

By administrator | August 31, 2019 | Finance.

BBNI Mortgage Interest Still High. The mortgage loan rate potentially leads to a downtrend. The cost of fund that dropped after the policy of Bank Indonesia (BI) interest rate cut is expected to trigger a credit interest.

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LPKR: Stagnant Performance

By administrator | August 31, 2019 | Property Real Estate.

LPKR: Stagnant Performance. Performance of Lippo Karawaci Tbk (LPKR) is still depressed, only posted an income of IDR 5.24 Trn at 1H19, stagnant when compared with the same period.

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JSMR: Three Toll Road Operating Year End 2019

By administrator | August 26, 2019 | Infrastructure Transportation.

JSMR: Three Toll Road Operating Year End 2019. Jasa Marga Tbk (JSMR) confirms there will be three toll roads that will be completed in late 2019 and immediately operate. The three toll road sections.

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Waskita Karya Press Debt Ratio

By administrator | August 22, 2019 | Infrastructure Transportation.

Waskita Karya Press Debt Ratio. Waskita Karya (Persero) Tbk (WSKT) intends to lower the debt ratio this year. Currently, WSKT’s gearing ratio reaches 2.7 times, far away from the target, at 2 times – 2.2 times by the end of the.

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