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Government bonds flourish as interest rate hikes approach peak: Analysts
Markets 2 years ago

PREMIUM
Government bonds flourish as interest rate hikes approach peak: Analysts

Government bonds are considered to be a "wealth keeper" for investors who want to wait for the stabilization of the stock market.
Waskita Karya sees net loss widen despite revenue increase in 2022
Companies 2 years ago

PREMIUM
Waskita Karya sees net loss widen despite revenue increase in 2022

Publicly listed PT Waskita Karya recorded an extra Rp 3 trillion (US$201 million) of revenue in 2022 compared with the previous year but its net loss swelled by a considerable margin for the full-year figure.
How ChatGPT proposes turning Rp 100,000 into Rp 1 billion
Tech 2 years ago

PREMIUM
How ChatGPT proposes turning Rp 100,000 into Rp 1 billion

Asking ChatGPT for investment advice has become a trend lately, with many users assuming perhaps that the bot’s ability to sift through lots of information almost instantaneously makes it perfect for finding the best path through the complex financial jungle.
Reform Bulog, not rice imports
Editorial 2 years ago

Reform Bulog, not rice imports

As long as the government’s ceiling price cannot match the farmgate price, Bulog will be unable to effectively replenish its national stock from farmers.
Bukalapak turns to profit thanks to investment gains
Tech 2 years ago

PREMIUM
Bukalapak turns to profit thanks to investment gains

PT Bukalapak.com has posted a full-year net profit of Rp 1.9 trillion (US$1.2 billion) for 2022, but that was mostly owed to a strong first quarter thanks to unrealized investment gains.
Garuda nosedives on return to IDX
Markets 3 years ago

PREMIUM
Garuda nosedives on return to IDX

Shares of national flag carrier Garuda Indonesia have suffered a precipitous drop in the company’s first days back on the stock market, as it struggles to regain the trust of investors after a solvency crisis last year.
Glittering gold gives markets some Christmas cheer
Markets 3 years ago

Glittering gold gives markets some Christmas cheer

Asian stocks were trying get into a festive mood on Wednesday, and managed small gains with even Japan's Nikkei lifting off a two-month low it hit following the Bank of Japan's surprise decision to loosen its tight leash on government bond yields.
Tough call on rice
Editorial 3 years ago

Tough call on rice

At times, rice import is necessary to avert calamities such as a food crisis, speculator's intervention, a severe price hike or inflation and thinning Government Rice Reserves (CBP).
Meta's quarterly profit more than halved to $4.4 billion
Companies 3 years ago

Meta's quarterly profit more than halved to $4.4 billion

The social networking giant, which faces stagnating user numbers and cuts in advertising budgets, also said revenue slipped to $27.7 billion from $29 billion a year earlier.
Asian stocks sink, yields rise as markets get ready for aggressive Fed
Markets 3 years ago

Asian stocks sink, yields rise as markets get ready for aggressive Fed

Stocks in Asia sank and bond yields were elevated on Wednesday, as investors braced for another aggressive interest rate hike from the US Federal Reserve later in the day.
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