• Bank Rakyat Indonesia Posts 10.7% Rise in Net Profit in 2017

    Bank Rakyat Indonesia, one of the leading commercial banks in Indonesia and among the largest listed companies in terms of market capitalization on the Indonesia Stock Exchange, posted solid corporate earnings over full-year 2017. The financial institution's net profit and net interest income both climbed by double-digit figures.

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  • Indocement to Complete its Palembang Cement Terminal Project Soon

    Indonesia's second-biggest cement producer Indocement Tunggal Prakarsa will start operating its new cement terminal in Palembang (South Sumatra) in the first quarter of 2018. This terminal will strengthen the company's sales of bulk cement on the island of Sumatra, the second-largest cement consumer in Indonesia.

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  • Pelindo II Plans to List More Units on the Indonesia Stock Exchange

    Indonesia Kendaraan Terminal (IKT), a subsidiary of Indonesia's state-owned port operator Pelabuhan Indonesia II (also known as Pelindo II), plans to complete its initial public offering (IPO) on the Indonesia Stock Exchange in the first half of 2018. Riry Syeried Jetta, Director of Subsidiary Management at Pelindo II, said the company is currently preparing all required actions for the corporate move including calculating the valuation of IKT.

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