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View all search resultsIndonesia's largest telecommunications operator PT Telekomunikasi Indonesia (Telkom) has benefitted from it growing digital business, with the company booking a 15.6 percent year-on-year (yoy) increase in profit in the January-September period of this year.
Publicly-listed state coal miner Bukit Asam booked a net profit of Rp 3.1 trillion (US$220.3 million) in the January-September period of this year, a 21.8 percent decrease from the same period last year, although there was a sales increase due to a decline in coal prices and rising costs.
Publicly listed coal miner PT Bumi Resources (BUMI) posted US$983.2 million in gross profit for the first nine months of 2018, or 11.4 percent lower than the figure in the corresponding period of 2017, according to its latest press statement.
The Indonesian Life Insurance Association (AAJI) has said domestic life insurers booked a combined total revenue of Rp 140.94 trillion (US$9.7 billion) in the first three quarters of this year, 1.2 percent higher than the Rp 139.27 trillion booked in the same period last year.
President Joko “Jokowi” Widodo has expressed his happiness with the 5.17 percent gross domestic product (GDP) growth in the third quarter of 2018 announced by Statistics Indonesia (BPS), saying that it was a “very good” achievement amid the global economic uncertainty.
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