Category Archives: Market and Commercial

Gudang Garam Breathe profit of Rp 2.2 trillion, 4% Slightly

PT Gudang Garam Tbk (GGRM) posted a profit of Rp 2.2 trillion in the first half of 2013, edged up 4.7% from the same period last year to Rp 2.1 trillion. As quoted from the company’s financial statements, on Thursday (01/08/2013), Gudang Garam revenue reached Rp 26.63 trillion in the first half of 2013, higher […]

BlackBerry Sales Sluggish, Profit Drops 39% Erajaya

Erajaya Swasembada Tbk PT (ERAA) recorded a 38.9% decline in net income to Rp 129.8 billion in the first half of 2013 compared to the same period last year of Rp 212.4 billion. Profit fell because of sluggish sales of the BlackBerry which started early this year. BlackBerry sales that have accounted for the largest […]

Projected industry growth of 6.5 percent

National industry growth is projected to end the year at 6.5 percent, in line with national economic growth sought to remain above six per cent. “I am optimistic the industry growth of 6.5 per cent until the end of the year,” Industry Minister MS Hidayat said after giving the poor kapada Eid gifts and employee […]

Sun Profit Up 68% In Six Months, Reaches Rp 265 Billion

PT Matahari Department Store Tbk (LPPF) net profit to Rp 265 billion in the semester 1-2013, grew 68.3% compared to Rp 157 billion in the same period last year. The rise in profit was in line with revenue growth of turnover alias. The sun gross sales in Semester 1-2013 Rp 5.16 trillion, 19.4% higher than […]

Manufacturers Profits Rise 20 Percent Beer

PT Multi Bintang Indonesia posted a 20.07 percent rise in net profit or Rp 690.35 billion in the first semester of 2013. The increase in profit was seconded beer sales in the domestic market. In a disclosure, Tuesday, July 30, 2013, local sales Multi Bintang Rp 2.08 trillion or 99 percent of the value of […]

Ciputra Pours Rp 1 Trillion for Luxurious Rosewood Resorts and Villas

JAKARTA, – Considering the high demand and scarce supply luxury class accommodation facilities (five of diamonds), PT Ciputra Property Tbk (CTRP) hasten the development of Rosewood Luxurious Resorts and Villas in Tabanan, Bali. Project occupies an area of ​​80 hectares will begin the process in the first quarter of 2014, divided into several stages of […]

Efma and Accenture Launch Distribution and Marketing Innovation Awards for Retail Banks Globally

Efma, an association whose membership includes nearly one-third of the world’s large retail banks, and Accenture have jointly launched a global program to identify and award banks for leading-edge customer innovations. The newly-launched “Efma-Accenture Distribution & Marketing Innovation Programme” – an annual award – seeks technology and operational innovations in customer-facing areas of retail banks […]

Home Finance of America – Now Offering Lowest Mortgage Payments

Home Finance of America, one of the nation’s leading online mortgage banks, is proud to announce that they are offering a mortgage rate of 3.125% (APR 3.295%) for a mortgage fully amortizing in 30 years. The interest rate on this special loan program is fixed at 3.125% (APR 3.295%) for the first 5 years after […]