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2019

Bank Mandiri books net profit of Rp 13.5 trillion in H1
Business 6 years ago

Bank Mandiri books net profit of Rp 13.5 trillion in H1

 Bank Mandiri announced that its net profit grew 11.1 percent year on year. 
Ministry projects Rp 140 trillion shortfall in 2019 state revenue
Business 6 years ago

Ministry projects Rp 140 trillion shortfall in 2019 state revenue

A stronger rupiah and the June decline in exports have contributed to the shortfall.
Foreign debt grows 7.4 percent, recorded at $386.1 billion
Business 6 years ago

Foreign debt grows 7.4 percent, recorded at $386.1 billion

The government and BI accounted for $189.3 billion of the debt, while the private sectors and state-owned companies (SOE) were responsible for $196.9 billion, the central bank announced on Monday.
This year, 400 km of new toll roads to open
Business 6 years ago

This year, 400 km of new toll roads to open

The new toll roads that are to start operations include part of the trans-Sumatra, the Balikpapan-Samaridan and the Jakarta Outer Ring Round 2 highways.
Govt to offer nine reservoir projects this year
Business 6 years ago

Govt to offer nine reservoir projects this year

He acknowledged that not all reservoirs constructed were operational on account of technical issues. 
Manufacturing sector exports up 9.8 percent
Business 6 years ago

Manufacturing sector exports up 9.8 percent

Manufacturing sector exports grew 9.8 percent year-on-year in the first five months of 2019, accounting for three-quarters of the country’s total exports.
Business activity improves in Q2: BI survey
Business 6 years ago

Business activity improves in Q2: BI survey

The improved business performance was mainly supported by activities in trade, accommodation and food service, as well as the manufacturing sector on the back of increasing domestic demand.
Tourist arrivals through airports decline by 11.37 percent yoy in May
Business 6 years ago

Tourist arrivals through airports decline by 11.37 percent yoy in May

The BPS showed a decline in tourist arrivals was recorded almost at all airports across the country, with the sharpest decline of 45.52 percent occurring at the Husein Sastranegara International Airport in Bandung, West Java.
Avrist aims to become top 15 insurance company by 2021
Business 6 years ago

Avrist aims to become top 15 insurance company by 2021

Life insurance company PT Avrist Assurance is expecting a 50 percent increase in its annual premium equivalent this year, a jump of more than double from the 18.18 percent growth recorded in 2017.
Pertamina expects to book $677 million in net profit in Q1
Business 6 years ago

Pertamina expects to book $677 million in net profit in Q1

Pertamina finance director Pahala N. Mansury told the press on Thursday the jump in net profit was supported by better performance in the upstream and downstream business lines.
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