Pakuwon Jati Cuts Marketing Sales. Economic pressure due to the COVID-19 global pandemic was also felt by property companies such as, Pakuwon Jati Tbk (PWON IJ). Director of Pakuwon Jati, Ivy Wong, said that the number of coronavirus patients, which is still increasing and the implementation of large-scale social restrictions (PSBB), complicates the current condition.
Read More...Semen Indonesia Sales Projection. During the 1Q20, Semen Indonesia Tbk (SMGR IJ) was able to record excellent performance. The SOE issuer sales volume reached 7.9 million tons, an increase of 4.7% compared to 1Q19. Launching data from the Indonesian Cement Association (ASI), as of March 2020 SMGR also solidified its position as top leader with.
Read More...Banking Loan Restructuring. The banking loan restructuring program held by the government is like a stamina test for national banks. Meanwhile, the success of the loan restructuring and loan relaxation of trillions of rupiah worth of consumer loans depends on the resilience of the bank’s capital to support the program. For the record, banks are.
Read More...As well as, Indonesian Pharmacy Coronavirus Medication. To anticipate the Coronavirus global pandemic, pharmaceutical industry players are trying to develop and distribute drugs to overcome the disease. Moreover, several types of drugs were reported by the World Health Organization (WHO) for handling COVID-19. Ferry Soetikno, Chairperson of Dexa Medica Group, said that for the moment.
Read More...As well as, Summarecon Agung Sales Decrease. Property developer Summarecon Agung Tbk (SMRA IJ) has delayed the launch of new projects due to the global pandemic Coronavirus COVID-19. Only relying on sales of old products, SMRA ensures that there will be a decrease in sales of at least 1H20. But so far SMRA has not.
Read More...Freeport Indonesia Smelter Stunted. COVID-19 global pandemic hit the mineral and coal mining sector. Overshadowed by the Coronavirus outbreak, the mineral downstream project in the form of the construction of a smelter was hampered. A producer of copper and gold, Amman Mineral Nusa Tenggara, for example. This subsidiary of Medco Group submitted a request to.
Read More...As well as, Bank Danamon Positive Performance. Performance of banking in the first quarter of 2020 is still positive. Although in the next quarter the threat to banks due to the Coronavirus. Positive results in the first quarter occurred at Bank Danamon Indonesia Tbk (BDMN IJ). This bank managed to achieve a net profit of.
Read More...Bank Tabungan Negara Mortgage Strategy. The Coronavirus COVID-19 global pandemic that has hit Indonesia. Since last March has put pressure on many businesses, one of which is.
Read More...Miscellaneous Industry Production Utilities. Covid-19 pandemic has a significant impact on businesses in Indonesia, including miscellaneous industry sectors. Several affected miscellaneous industry sectors, among others, are the musical instrument industry, the sports equipment industry, and the stationery industry which is now making adjustments to its.
Read More...Astra Agro Lestari Net Profit Growth 892%. As well as, Astra Agro Lestari Tbk (AALI IJ) plantation company posted a brilliant performance during January-March.
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