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profit

Google says AI helped it beat profit expectations

Companies 2 years ago

Google says AI helped it beat profit expectations

Alphabet reported a profit of $20.7 billion on revenue of $86.3 billion, with strong contributions from video-sharing platform YouTube and its cloud computing unit.

Is ESG old vine in a new bottle?

Academia 2 years ago

PREMIUM
Is ESG old vine in a new bottle?

McKinsey and Co’s research in 2023 showed that companies that applied ESG showed 7 percent higher growth and profit than the rest of the sample.

Banking’s pricey dilemma: Maximizing profits vs. mitigating risks

Academia 2 years ago

PREMIUM
Banking’s pricey dilemma: Maximizing profits vs. mitigating risks

Managing the cost of funds significantly impacts a bank's profitability, as it is crucial for effective risk management and diversifying funding sources.

Why we should not antagonize imports

Academia 2 years ago

PREMIUM
Why we should not antagonize imports

There is a prevailing perception among policymakers that imports are "bad" and exports are "good", but they are symbiotic elements of trade, and taking a strategic approach to imports can leverage international trade toward Indonesia’s integration into global value chains.

Mitigating the effect of global minimum tax

Academia 2 years ago

PREMIUM
Mitigating the effect of global minimum tax

The global minimum tax of 15 percent renders various fiscal incentives provided by the government to attract foreign investment in the form of tax allowances, tax holidays and super deduction tax, ineffective.

Pertamina’s geothermal subsidiary reports Rp 2.06t net profit

Companies 2 years ago

Pertamina’s geothermal subsidiary reports Rp 2.06t net profit

PGE enjoyed a net profit of Rp 2.06 trillion (US$ 133.4 million) in the third quarter, marking a 19.7 percent year-on-year increase.

BRI books Rp 44.21 trillion profit in Q3 2023

Companies 2 years ago

BRI books Rp 44.21 trillion profit in Q3 2023

According to BRI’s Q3 performance analysis, the bank reported a net profit of Rp 44.21 trillion (US$2.7 billion), demonstrating a 12.46-percent increase over the previous year.

Why restricting profit distribution is important for Indonesian banks

Academia 2 years ago

PREMIUM
Why restricting profit distribution is important for Indonesian banks

With dividend restrictions, banks can enlarge their capital and strengthen their resilience in the face of various risks.

China's industrial profits extend slump into seventh month

Economy 2 years ago

China's industrial profits extend slump into seventh month

Earnings shrank 15.5 percent year-on-year for the first seven months, following a 16.8 percent decline in the first half of the year, data from the National Bureau of Statistics showed on Sunday.

Promoting transparency in the investment management industry

Academia 2 years ago

PREMIUM
Promoting transparency in the investment management industry

It is crucial for investors to be fully aware that the approval they give exposes them to various risks related to the transactions they approve, including liquidity risk and credit risk.

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