# corporate news

Latest news group about corporate news.

Charlie Hospital Joins IDX through IPO

Charlie Hospital is strategically expanding its operations in second-tier cities within Central Java.
Business Aug 28, 2023 | 4:40 pm

Barito Pacific's Stocks Reach Highest Level Since August 2022

Closing at Rp 1,030 on Friday, Barito's shares marked a 15.08 percent increase over the past week.
Business Aug 27, 2023 | 4:34 pm

Amman Mineral Surpasses Astra International in Market Cap

Amman's market capitalization now stands at Rp 298 trillion, outpacing Astra International's Rp 261 trillion.
Business Aug 25, 2023 | 8:15 pm

Terang Dunia Aims for IPO to Bolster Electric Scooter Production

At present, Terang Dunia produces up to 2,000 electric scooters under the United E-Motor brand every month.
Business Aug 24, 2023 | 10:24 pm

Hyundai to Introduce New Electric Vehicle Model from Indonesian Plant

Currently, Hyundai is a dominant EV supplier in Indonesia, boasting the popular Ioniq 5 model produced at its Karawang plant in West Java.
Business Aug 24, 2023 | 5:03 pm

Jasa Marga Reports Rp 1 Trillion Profit in First Half of 2023

Jasa Marga is Indonesia's largest toll road operator, entrusted with the management of 1,736 kilometers of toll roads across the nation.
Business Aug 24, 2023 | 3:33 pm

Golden Energy Mines Reports $1.4 Billion Revenue in 1st Half of 2023

The filing also mentions an interim dividend of $325 million to be paid to shareholders on September 12.
Business Aug 23, 2023 | 8:57 pm

Pertamina Signs Geothermal Power Project Agreement in Kenya

The collaborative effort is focused on harnessing 140 megawatts of geothermal power capacity in the vicinity of Mount Longonot.
Business Aug 22, 2023 | 1:47 pm

PGN to Invest Rp 50 Billion in Gas Piping Network in Nusantara

PGN's plan involves supplying compressed natural gas from its refineries in Balikpapan and Bontang, both located in East Kalimantan.
Business Aug 21, 2023 | 6:37 pm

Merdeka Copper Focuses on Ramping Up Production

Gold production from the Tujuh Bukit mine in Banyuwangi stood at 38,447 ounces.
Special Updates Aug 18, 2023 | 7:50 pm

Suzuki Puts Focus on Hybrid Cars for Indonesian Market

Suzuki offers an 8-year or 160,000-kilometer warranty period for the lithium batteries used in its hybrid cars.
Business Aug 16, 2023 | 4:11 pm

Sumber Global Energy Secures $187 Million Coal Supply Contract from Vietnam

This marks the second coal supply agreement that Sumber Global has reached with a Vietnamese company within the span of a week.
Business Aug 14, 2023 | 10:08 pm

Agung Sedayu, Salim Group Set to Acquire 7 Companies for Rp 9.4 Trillion

As of now, Agung Sedayu controls 743 hectares of land amounting to Rp 10 trillion in the Pantai Indah Kapuk 2 area.
Business Aug 14, 2023 | 11:39 am

Batik Air Introduces New Route to Chennai

The Chennai flight marks a historic milestone as Indonesia's first direct air link to the South Asian region.
Business Aug 12, 2023 | 11:45 pm

Honda Unveils Electric Motorcycle EM1 in Indonesian Market

The EM1 electric motorcycle is priced at Rp 40 million ($2,600), including the battery, which boasts a capacity of 1.7 kilowatts.
Business Aug 12, 2023 | 12:34 pm

Bank Mandiri's Stock Price Hits All-Time High

During the first half of 2023, Bank Mandiri reported a consolidated net profit of Rp 25.2 trillion ($1.7 billion).
Business Aug 10, 2023 | 6:46 pm

United Invests Rp 250 Billion in Electric Motorcycle Factory

Terang Dunia said it has received orders for 1,000 United scooters for export to Malaysia.
Business Aug 9, 2023 | 9:41 pm

Garuda Indonesia Narrows Net Loss to $76 Million

The airline revealed a substantial 58.85 percent year-on-year increase in business revenue, reaching $1.39 billion during H1-2023.
Business Aug 4, 2023 | 12:49 pm

Pelni Says Net Profit in 1st Half of 2023 Reaches 60% of Full-Year Target

Pelni achieved the transport of 2.6 million passengers during the first half, indicating a substantial surge of 137 percent year-on-year.
Business Aug 3, 2023 | 6:01 pm

PKS Lawmaker Says Nicke Should Retain Pertamina’s Top Job

Amin Akram said the PKS, which positions itself as an opposition to the government, “holds no vested interest” in Pertamina's leadership.
Business Aug 3, 2023 | 1:08 pm