Surya Esa Collaborates with JOGMEG, Mitsubishi to Work on Blue Carbon
PT Surya Esa Perkasa Tbk (ESSA) through PT Panca Amara Utama (PAU) and Japan Oil, Gas and Metals National Corporation (JOGMEC), Mitsubishi Corporation (MC), and the Bandung Institute of Technology have signed an MoU on carbon absorption, utilization, and storage for producing and developing blue carbon or Blue Ammonia in Indonesia.
US Bond Yields Put Price of Gold in Pressures
The resurgence in yields on US government bonds, especially 10-year tenors, put pressure on gold prices.
Armada Berjaya Net Profit Soars 106.12% YoY to Rp3.03 Billion in 2020
PT Armada Berjaya Trans Tbk (JAYA) managed to score a solid financial performance last year. Based on the company's financial statements published on Friday (19/3), JAYA's profit for the year 2020 reached Rp3.03 billion or an increase of 106.12% compared to the same period in 2019 of Rp1.47 billion.
PGN to Build the Sumatra-Java Line Pipe Interconnection Project
PT Perusahaan Gas Negara Tbk (PGN) will soon realize the construction of a pipeline interconnection network that connects the South Sumatra West Java (SSWJ) Transmission Pipe.
IDX Suspends Trading in Ifishdeco Shares
The Indonesia Stock Exchange temporarily suspended trading in PT Ifishdeco Tbk (IFSH) shares on Friday, March 19, 2021.
IDX Lifts Suspension of Trading in Mahaka Media, Bank Maspion Shares
The Indonesian Stock Exchange Authority revoked the temporary suspension of trading (unsuspend) shares of PT Mahaka Media Tbk (ABBA) and PT Bank Maspion Indonesia Tbk (BMAS) on the regular market and the cash market starting session I, on Friday (19/3).
OJK Revokes Business Permits of Dian Mandiri, Swadharma Nusantara
The Financial Services Authority (OJK) has revoked the business licenses of financing companies PT Dian Mandiri Multifinance and PT Swadharma Nusantara as of February 22, 2021.