Newly established state-owned gas subholding company PT Perusahaan Gas Negara (PGN), which acquired 51 percent shares in Pertagas, a subsidiary of state energy giant Pertamina, on Friday must disburse US$1.2 billion, according to a public auditor assigned to valuating the shares. The integration of PGN and Pertagas has been dubbed as the final phase for Pertamina....
Jakarta, CNBC Indonesia – Perusahaan manajer investasi, PT Sinarmas Asset Management mencatatkan produk Dana Investasi Real Estate (DIRE) Simas Plaza Indonesia di Bursa Efek Indonesia (BEI) dengan total portfolio senilai Rp 10,4 triliun. Underlying aset DIRE tersebut yakni 95,37% saham PT Plaza Indonesia Realty Tbk (PLIN) dan 100% saham PT Sarana Mitra Investama, yang memiliki saham di....
Jakarta, CNN Indonesia — PT Krakatau Steel Tbk tengah melakukan program restrukturisasi guna memperbaiki kinerja keuangan yang merugi selama tujuh tahun berturut-turut. Restrukturisasi dilakukan terhadap organisasi, portofolio, dan keuangan. Untuk restrukturisasi organisasi produsen baja itu bakal memangkas 30 persen unit kerja setara 1.879 unit dari total 6.264 posisi saat ini. Itu berarti, jumlah unit kerja di perseroan menjadi 4.385 posisi usai pemangkasan.....
Liputan6.com, Jakarta PT Krakatau Steel (Persero) Tbk saat ini tengah melakukan efisiensi demi memangkas kerugian yang sudah dideritanya lebih dari lima tahun. Berbagai upaya dilakukan mulai dari perampingan organisasi hingga restrukturisasi utang perusahaan. Direktur Utama Krakatau Steel Silmy Karim mengungkapkan ada beberapa hal yang ia minta kepada Menteri BUMN Rini Soemarno ketika awal memimpin KS. Salah satu yang....
Singapore remained the largest foreign investor in Indonesia during the first half, with investments of US$3.4 billion comprising 5,348 projects, according to the latest investment data issued by the Investment Coordinating Board (BKPM) on Tuesday. During the same period, Japan was the second-largest with investment of $2.4 billion comprising 3,708 projects, followed by China as....
When Indian diners order biryani online from Rebel Foods they’re greeted with a culinary history of the fragrant, slow-cooked rice dish. “The recipe was lost forever when King Cyrus laid siege to Behrouz until it was discovered amongst the ruins,” the story reads in part. “With this Biryani, we have brought back to life this lost recipe.” Diners are invited to....
JAKARTA. The liquidity ratio and cash flow of the Duniatex Group in 2018 shows that the company has the potential to have difficulty repaying its short-term debt. The company’s 2018 financial report shows that the liquidity ratio, represented by the cash ratio, can only cover 9% of the company’s total short-term debt. Liquidity ratios are....
The largest liquidation sale in a decade for a collapsed retailer continues until August 29 The most popular items on sale are the 9,000 vinyl records among the 100,000 articles that includes CDs, DVDs and toys at discounts ranging from 50 to 90 per cent Hundreds of people showed up much before the start....
Indosat Ooredoo, one of Indonesia’s major telecommunications companies, has agreed to sell as many as 3,100 telecommunication towers to two local companies PT Daya partner Telekomunikasi (Mitratel) and PT Professional Telekomunikasi Indonesia (Protelindo). Under the sale and purchase agreement signed in Jakarta on Tuesday, Mitratel will buy 2,100 of the towers, while Protelindo will acquire....