Pigeon Corporation, based in Japan, is one of the largest manufacturers of baby product. In the fiscal year 2016, Pigeon generated sales revenue of 94.6 billion yen with gross profit of 44.7 billion yen. In the fiscal year 2019, Pigeon targets net sales of 110 billion...
The Japan Bank for Internationak Cooperation (JBIC) and Japanese banks like The Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank, and Sumitomo Mitsui Banking Corporation (SMBC) continue to dominate financing of power plant projects in Indonesia, including those under...
Hary Tanoesoedibjo, businessman-cum-politician, is scheduled for examination as crime suspect by the national police today. In the meantime, some bureaus of Koran Sindo, a newspaper controlled by Hary’s MNC Group, will reportedly be closed down, threatening a mass...
PT Smart Tbk (SMAR), controlled by Sinarmas Group, has just completed placement of 138 million shares to some investors to comply market regulation on minimum 7.5% shares owned by public investors. PERFORMANCE: SMAR booked net profit of Rp340 billion in the first...
Shares of Kirana Megatara (KMTR), one of the largest natural rubber processing companies in Indonesia, fell 18.32% last Thursday (June 22) on profit taking by some investors after the stock gaining more than 100% in the trading debut on Indonesia Stock Exchange (IDX)....
The National Police has on Friday (June 23) officially named businessman-cum-politician Hary Tanoesoedibjo a suspect for allegedly intimidating an Attorney General’s Office (AGO) official last year. Hary, chairman of Perindo Party and owner of diversified business...
United Tractors (UNTR) sold 302 units of Komatsu construction machinery last month, jumped by almost 69% year-on-year, thanks to strong sales to agriculture (plantation) and mining sector. Sales to forestry sector grew 7.1% year-on-year, but sales to construction...
Investigators from the Corruption Eradication Commission (KPK) have arrested Ridwan Mukti, governor of Bengkulu province in Sumatra Island, and his wife Lily Maddari after the wife reportedly caught accepting cash amounting around Rp1 billion in bribes from a...
Palm oil producer PT Sawit Sumbermas Sarana (SSMS) Tbk is scheduled to convene an extraordinary meeting of shareholders on July 17, 2017. Detail agenda of the meeting might be known to public this Friday. SSMS is still the most expensive palm oil producer listed on...
Shares of cocoa processor and forestry company PT Bumi Teknokultura Unggul (BTEK) Tbk declined further by 1% to Rp910 Monday (June 19). That means the stock already lost 26% its value year-to-date and 41.3% from its peak. Investors responded negatively BTEK’s poor...
