Bank BTN to Acquire Investment Management
Bank Tabungan Negara, Tbk (BBTN:IJ) plans to acquire new subsidiary in investment management business that will be aimed to work on a potential long-term financing after the public housing management body.
Read More...Unilever’s Business amidst Rupiah Depreciation
The trend of a weakening rupiah is estimated to be not to affect business activities of Unilever Indonesia, Tbk (UNVR IJ). Just info, the rupiah in the spot market had already rectified 6.12% against the US dollar throughout the year. On Wednesday the trade (11/7), the rupiah weakened 0.13% to as low as.
Read More...Unilever’s Blue Band Divestment
Unilever Indonesia, Tbk (UNVR IJ) has a strategy to boost their financial performance, i.e. one through divestment. The company decided it would divest business assets on the spreads. Corporate actions include intangible assets such as the sales and distribution of.
Read More...Darma Henwa Allocated Capex USD35Mn This Year
Darma Henwa, Tbk (DEWA:IJ) targeting its capital expenditures (capex) worth USD35Mn in 2018. While until 31 December 2017, the company’s capital expenditures reached USD30.17Mn or down 25.3% compared to the previous year’s.
Read More...Borneo Olah Sarana to Buy Heavy Equipment Values IDR114Bn
Borneo Olah Sarana Sukses, Tbk (BOSS:IJ) plans to add more heavy equipment in August 2018 that will value in IDR114Bn transaction. The company targets 500,000 tonnes of coal production in FY18, increase from 200,000-300,000 tonnes of coal realization in.
Read More...Moody’s Rates Baa2 to Bank BRI USD Senior Notes
Bank Rakyat Indonesia, Tbk (BBRI:IJ) was rated Baa2 with stable outlook by Moody’s Singapore for its long-term foreign currency senior unsecured notes that is denominated in US dollar. This rating tallies with the rating for the bank’s deposit in foreign exchange as well as sovereign.
Read More...Atlas Resources New Mines Started to Produce
Production of the new mining land use Atlas Resources, Tbk (ARII:IJ) located in the area of Banyan Koalindo Lestari (BKL) already started since early July 2018. Banyan Koalindo Lestari will begin shipping in August 2018, since company start its production this month. For the first production of the targeted 500-700 tons, since Banyan Koalindo Lestari.
Read More...Supra Boga Lestari Adjust its Product Selling Price amidst Rupiah Weakened
Supra Boga Lestari, Tbk (RANC:IJ) continue to observe an increase in the exchange rate of the US dollar against the rupiah. Since the exchange rate above IDR14,300 level per US dollar, according to the reference rate Jakarta Interbank Spot Dollar Rate (JISDOR). The exchange rate had an impact not only on the price of imported.
Read More...TPS Food Threatened Bankruptcy amidst Delay Debt Payment
Tiga Pilar Sejahtera Food, Tbk (AISA:IJ) submitted entry process Delays Debt Payment Obligations (PKPU) by its two creditor, the holder of the bonds of the company. Both creditors are forcing TPS Food will settle the debt in court it was Sinarmas.
Read More...Bank Mandiri Distributes KUR Worth IDR8.72Trn
Bank Mandiri, Tbk (BMRI:IJ) already disbursed people’s business credit (KUR) worth IDR8.72Trn as of July 4, 2018. Since the Ministry of State Owned Enterprises (SOEs) along with the Bank Mandiri as one of SOE, is constantly working to optimize the Small Medium Enterprise (SME) business through KUR.
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