Tag: #companies

Companies
Alibaba Cloud, Medico.id, and doctorSHARE Collaborate to Provide Accessible Healthcare Information
The three companies aim to provide rural residents in Indonesia with access to healthcare information especially related to the COVID-19 pandemic, for free to patients visiting doctorSHARE's Nusa Waluya II Floating Hospital.
MP
Marella Putri 3 days ago . 1 min read
Companies
TLKM Booked 3.8% Quarterly Sales Growth Driven By Higher Data Traffic
Since the COVID-19 outbreak started, people stayed home as part of broader shutdowns to protect people from the novel coronavirus.
RY
Robert Yota 4 days ago . 2 min read
Technology
Beauty-tech Social Bella Raised $58 million Series E
Securing a large amount of funding amid the pandemic shows investors’ trust in Social Bella in becoming a prominent player in Indonesia’s $8.5 billion beauty and personal care market.
MP
Marella Putri 5 days ago . 1 min read
Companies
LPKR Booked 8.5% Sales Growth Yet Suffered Massive Currency Loss
Publicly listed integrated property company PT Lippo Karawaci (LPKR) booked revenue growth in 1Q-2020, mainly driven by sales growth in the company’s property and healthcare segments.
RY
Robert Yota 1 week ago . 1 min read
Companies
Pertamina’s Insurance Subsidiary Recorded 145% Net Profit Growth
Last year Tugu Insurance has generated Rp 6.4 trillion in revenue, up from Rp 5.1 trillion in 2018.
EV
Elisa Valenta 1 week ago . 1 min read
Companies
Garudafood Enjoys Double-digit Earnings Growth in 1Q-2020
Publicly-listed food producer PT Garudafood Putra Putri Jaya (GOOD) has booked positive earnings in 1Q-2020 driven by effective cost-cutting and efficiency measures.
RY
Robert Yota 2 weeks ago . 1 min read
Companies
East Ventures Announced First Close of Latest Seed Fund
The fund aims to raise a total of $88 million to help Southeast Asian digital companies emerging in the post-lockdown aftermath of the COVID-19 pandemic.
MP
Marella Putri 2 weeks ago . 2 min read
Companies
BRI Ventures Launched New Venture Fund Sembrani Nusantara
It is aiming at Rp 300 billion first close, focusing on backing local tech startups in education, agro-maritime, retail, transportation, and healthcare sectors.
MP
Marella Putri 2 weeks ago . 2 min read
Companies
Inalum to Buy PT Vale Indonesia
The transaction, expected to close by the end of this year, is in line with Indonesia's moves to gain greater control of local mining operations.
MP
Marella Putri 2 weeks ago . 1 min read
Technology
Digital Grocery
Amid the coronavirus pandemic, online grocery platform TaniHub aims a robust sales growth.
MP
Marella Putri 2 weeks ago . 5 min read
Companies
Expanding Coverage
State-owned pharmaceutical Indofarma is expanding its business to medical equipment to batle the pandemic.
EV
Elisa Valenta 3 weeks ago . 2 min read
Companies
Gojek Xcelerate's Fourth Batch Announced 11 Startups
The fourth batch of Gojek Xcelerate focuses on startups providing Direct-to-Consumer business model.
MP
Marella Putri 3 weeks ago . 1 min read
Companies
MMP Teams Up for Indonesia-focused Logistics Property Venture
Mega Manunggal Property teams up with Alpha Investment Partners and Asuransi Jiwa Manulife Indonesia to set up an Indonesia-focused logistic property venture, with a $200 million initial target size.
MP
Marella Putri 3 weeks ago . 1 min read
Companies
TPMA Posted 28% Revenue Growth In 1Q-2020 Propelled By Tug & Barge Services
Transhipment company PT Trans Power Marine (TPMA) booked double-digit revenue growth in the first quarter of 2020, mainly driven by its tug & barge fleet.
RY
Robert Yota 3 weeks ago . 1 min read
Companies
South Korean Bank to Seize Control in Bank Bukopin
KB Kookmin Bank is currently awaiting approval from banking regulations in Jakarta and Seoul for proceeding with the acquisition.
EV
Elisa Valenta 3 weeks ago . 1 min read