Month: September 2022

New Lawsuit in Jiwasraya Graft CaseĀ 

The corruption case involving State-owned insurance company PT Asuransi Jiwasraya (Persero) had imprisoned dozens of parties and punished dozens of corporations, but several years since the case was made known to the public, the...

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Corporations to watch

United Tractors (UNTR), subsidiary of Astra International (ASII) engaged in heavy equipment, mining contracting, coal and gold production, enjoyed a strong month of August in terms of heavy equipment sales, but lower sales...

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Revisiting Bukalapak

Shares of e-commerce player Bukalapak.com (BUKA) gained 4.38% to Rp286 on Tuesday (September 27), but it has fallen 42.8% so far this year. At current price, BUKA is valued at Rp29.47 trillion. Retail investorsā€™ appetite seems...

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Positive State Budget

Against all odds, Indonesia recorded State budget surplus of Rp107.4 trillion or 0.58% by August 2022. What a turn from budget deficit of Rp383.2 trillion or 2.32% of GDP in the same month last year. Finance Minister Sri Mulyani...

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First Half Results of Jasa Marga

State toll road operator Jasa Marga (JSMR) booked profit attributable to owners of Rp735 billion in the first half (H1) of 2022, declined 14% year on year (y/y), due to loss in financial assets. Revenues actually grew 8.7% y/y...

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