Tag: #companies & investment

Companies
Kejora Capital and SBI Holdings launched $30 million Orbit Fund
The joint-venture fund will focus on early-stage technology companies in Indonesia
MP
Marella Putri 11 hours ago . 2 min read
Technology
Facebook and PayPal invest in Gojek
Facebook will have its instant messaging app WhatsApp to work with Gojek, and PayPal will have its payment system integrated with GoPay.
MP
Marella Putri 11 hours ago . 1 min read
Companies
BRMS posted high double-digit earnings in 1Q-2020
The company recorded a net profit of $165,057, up 90% (YoY) from $86,650 last year.
MP
Marella Putri 1 day ago . 2 min read
Companies
Property and construction drove SSIA's 7% revenue increase in 1Q-2020
SSIA's construction sector contributes highest sales with Rp 652.1 billion, which grew 11.8%, while its property sector grew by 20% to Rp 86.9 billion.
MP
Marella Putri 2 days ago . 2 min read
Companies
Energi Mega Persada's net sales grew 51% in 1Q-2020
ENRG was able to score $79.66 million in its net sales thanks to higher gas production from its Bentu PSC blocks in Riau
MP
Marella Putri 2 days ago . 1 min read
Companies
Indonesia's Biggest Banks remain Strong in Q1 2020
Coronavirus pandemic gave a tough year for the banking industry, but seven biggest lenders in Indonesia still managed to post a positive result.
MP
Marella Putri 3 days ago . 1 min read
Companies
TBLA booked Rp 2.76 trillion net sales in 1Q-2020
The 27.3% YoY increase was mainly driven by palm oil and its derivative products. Earnings growth over the next 12 months however will be tempered by slowing economic growth due to COVID-19 outbreak.
MP
Marella Putri 3 days ago . 2 min read
Companies
Telkom Indonesia's 2019 revenue surpassed Rp 135 trillion
Cellular data (Telkomsel), internet (IndiHome), and IT services were the largest contributors to the company’s 2019 revenues
MP
Marella Putri 1 week ago . 2 min read
Companies
BCA booked Rp 6.6 trillion net profit in 1Q-2020
The surge of 8.6% YoY was attributed to loan and operational income growths.
MP
Marella Putri 1 week ago . 1 min read
Companies
Decline in crude oil prices leads to opportunities for BULL
The recent decline in crude oil prices has opened new opportunities for publicly listed shipping company PT Buana Lintas Lautan (BULL) as oil companies seek alternatives to store their storage while keeping them in the refinery
MP
Marella Putri 1 week ago . 2 min read
Companies
Sekar Laut records positive performance in 2020 1Q amid COVID-19
The growth is mainly driven by the sales of SKLT’s Finna seafood crackers, despite the economic turbulence that started months ago
MP
Marella Putri 1 week ago . 1 min read
Companies
Pertamina signed MoU on RDMP project with South Korean consortium
The $1.5 billion project in Dumai will be jointly undertaken with state-owned firm PT Nindya Karya, while DH Global Holdings Co. Ltd represented the Korean consortium
MP
Marella Putri 1 week ago . 1 min read
Companies
Maybank Indonesia grew promising net profit in 1Q-2020
The growth was backed by fee-based income improvement as well as sustained strategic cost management
MP
Marella Putri 2 weeks ago . 2 min read
Technology
Accommodation startup Bobobox sealed $11.5 million series A funding
Led by Horizon Ventures and Alpha JWC Ventures, the fund will be used to accelerate product improvement and location expansion.
MP
Marella Putri 2 weeks ago . 3 min read
Companies
ICBP recorded Rp 12 trillion net sales in 1Q-2020
Its instant noodles are the highest contributor , claiming 66.11% of total net sales.
MP
Marella Putri 2 weeks ago . 1 min read