PT Astra International Tbk

Type: Company
Name: PT Astra International Tbk (PT Astra lnternational Tbk, PT Astra International)
First reported Aug 22 2014 - Updated 21 hours ago - 2 reports

Indonesian president-elect to focus on fuel subsidies, cabinet

JAKARTA –   President-elect Joko Widodo will sit down with Indonesia’s outgoing leader next week to discuss pressing economic issues, as investors closely watch for his cabinet picks and his plans to wind down a budget-sapping fuel subsidy scheme. ... [Published The Kuala Lumpur Post - Aug 22 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

Indonesia lawmakers seek to limit foreign ownership in insurers

JAKARTA, Aug 22 (Reuters) - Indonesian lawmakers are looking into the possibility of reducing the stake foreign investors are allowed to hold in local insurers, the latest move towards more nationalistic policies in Southeast Asia's biggest economy. Foreign ... [Published Sharenet - Aug 22 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Indonesia's Bank Rakyat may buy life insurer Jiwasraya

JAKARTA, Aug 19 (Reuters) - PT Bank Rakyat Indonesia Tbk (BRI) said on Tuesday it is exploring a potential acquisition of state-owned Indonesian life insurer PT Asuransi Jiwasraya.Bank Rakyat is at an early stage of reviewing the potential acquisition, ... [Published London South East - Aug 19 2014]
First reported Aug 07 2014 - Updated Aug 07 2014 - 1 reports

RI leads regional decline

Stocks in Indonesia fell for a second day on Wednesday as investors remained cautions following a disappointing second-quarter economic data report and the nation’s ongoing political uncertainty. Most other Southeast Asian stock markets also edged lower, ... [Published Jakarta Post - Aug 07 2014]
First reported Aug 06 2014 - Updated Aug 06 2014 - 2 reports

SE Asia Stocks - Indonesia falls for 2nd day, foreign investors sell

BANGKOK, Aug 6 (Reuters) - Stocks in Indonesiaunderperformed in Southeast Asia on Wednesday amid outflows andlosses in large caps and Thai shares retreated from a more thanone-week high on the previous session as shares of CP Allfell before it reported ... [Published Yahoo! Finance - Aug 06 2014]
First reported Aug 05 2014 - Updated Aug 05 2014 - 2 reports

Indonesian banks scale down targets due to slow economic growth

The Jakarta PostPublication Date : 05-08-2014Major Indonesian banks have decided to tone down their full-year targets — even lower than the guideline set by financial regulators — as the domestic economy continues to suffer from deceleration.Publicly ... [Published Asia News Network - Aug 05 2014]
First reported Aug 01 2014 - Updated Aug 01 2014 - 1 reports

Jardine Strategic First-Half Pretax Profits Little Changed

LONDON--Jardine Strategic Holdings Ltd. (J37.SG), a holding company with investments in the Jardine Matheson group, Friday posted a little-changed pretax profit for the first half of 2014 as growth was constrained by a weaker rupiah exchange rate, fewer ... [Published 4 Traders - Aug 01 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Astra first half profits up 11% despite weaker auto business

Publicly listed diversified conglomerate PT Astra International, the nation’s largest company by market value, booked Rp 9.8 trillion (US$847.10 million) in net profits in the January-June period of this year, up 11 percent from the same period a year ... [Published Jakarta Post - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

ASII Pockets IDR9.6 Trillion Profits

JibiphotoJAKARTA—Even though the net profit of automotive division of PT Astra International Tbk. decrease, the growth performance of the ASII code-company in the first half this year is better compared to the same period last year.The company believes ... [Published Bisnis Indonesia - Jul 25 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

Astra Intl First-Half Profit Rises 11%, as Auto Unit’s Decline Weighs on Overall Performance

Jakarta . Astra International, a Jakarta-based diversified conglomerate, reported net income rose 11 percent to Rp 9.8 trillion ($852 million) in the first half of this year from a year earlier, the company said in a statement on Thursday.Profit at Astra’s ... [Published Jakarta Globe - Jul 24 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

Indonesian conglomerate Astra posts 11 pct rise in H1 profit

JAKARTA, July 24 (Reuters) - Indonesian conglomerate PT Astra International Tbk reported on Thursday an 11 percent rise in first-half net profit, lifted by its heavy equipment and agribusiness units. Astra posted a net profit of 9.8 trillion rupiah ($847.4 ... [Published Wards Auto.com - Jul 24 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

Astra Agro Reaps Big in First Half, but Permata Sees a Dip

Astra International has a 44.56 percent stake in Bank Permata, while Standard Chartered Bank has 44.56 percent.(AFP Photo/Romeo Gacad)Jakarta. Two companies controlled by Astra International, Indonesia’s biggest conglomerate, have reported mixed first-half ... [Published Jakarta Globe - Jul 24 2014]

Quotes

...and banking, told Reuters that lawmakers were hoping to pass a draft bill outlining a broad plan to lower the limit by the end of September. "Foreign companies own the majority of the insurance business in Indonesia" said Azis. "We are looking to limit the ownership...
"I need spending space," Widodo told reporters on Friday. "If we can do (the price hike) now, it will be a lighter burden."
"The key things to watch for now are any announcements on cabinet minister appointments, and whether Jokowi's transition team is able to convince the outgoing administration to raise fuel prices before it leaves office" said Mallika Chawla, analyst at Goldman Sachs
"Going forward, we believe the political attention will shift towards (Widodo) forming his cabinet and the evolution of political support. Both will be the key for effective government in pushing structural reforms" said Mandiri Sekuritas in a research note

More Content

All (76) | News (70) | Reports (0) | Blogs (0) | Audio/Video (1) | Fact Sheets (5) | Press Releases (0)
sort by: Date | Relevance
Indonesia lawmakers seek to limit foreign owner... [Published Sharenet - Aug 22 2014]
UPDATE 2-Indonesia's president-elect eyes swift... [Published CNBC - Aug 22 2014]
Indonesian president-elect to focus on fuel sub... [Published The Kuala Lumpur Post - Aug 22 2014]
UPDATE 1-Indonesian president-elect to-do list:... [Published CNBC - Aug 22 2014]
Green light for president-elect Widodo boosts I... [Published CNBC - Aug 22 2014]
Indonesia's Bank Rakyat may buy life insurer Ji... [Published London South East - Aug 19 2014]
Transition team to help Jokowi deliver campaign... [Published Jakarta Post - Aug 19 2014]
News Analysis: The politics of transitions and ... [Published Jakarta Post - Aug 14 2014]
This Asian Nation's Stocks Are Up Over 20% YTD [Published Investopedia - Aug 13 2014]
Controversial Hendropriyono gets transition t... [Published Jakarta Post - Aug 11 2014]
Hendropriyono’s appointment raises eyebrows [Published Jakarta Post - Aug 10 2014]
SBY praises Jokowi’s transition strategy [Published Jakarta Post - Aug 09 2014]
JCI strengthens 0.11% in morning trade [Published Jakarta Post - Aug 08 2014]
Jokowi plans more impromptu visits [Published Jakarta Post - Aug 08 2014]
HD CAPITAL: Expecting Bullish Trend Shines The ... [Published Bisnis Indonesia - Aug 08 2014]
Indonesian Stocks Fall Amid Negative Regional S... [Published Jakarta Globe - Aug 07 2014]
Heavy equipment firms eye business revival in 2015 [Published Jakarta Post - Aug 07 2014]
Asian Shares Lower; Tokyo Hardest Hit [Published Intellasia.net - Aug 07 2014]
RI leads regional decline [Published Jakarta Post - Aug 07 2014]
Asia markets drop on weak Wall St [Published Gulf Times - Aug 06 2014]
High oil prices squeezing Asian businesses [Published Nikkei Asian Review - Aug 06 2014]
SE Asia Stocks - Indonesia falls for 2nd day, f... [Published Wards Auto.com - Aug 06 2014]
SE Asia Stocks - Indonesia falls for 2nd day, f... [Published Yahoo! Finance - Aug 06 2014]
SE Asia Stocks - Indonesia falls for 2nd day, f... [Published Sharenet - Aug 06 2014]
Stocks drop as GDP data disappoints, market pro... [Published Jakarta Post - Aug 06 2014]
Earnings Trend Update [End-Jul 14] – Russian Sa... [Published Fundsupermart.com - Aug 05 2014]
JCI falls 0.26 percent in morning trade [Published Jakarta Post - Aug 05 2014]
Earnings Trend Update [end-June 2014]: Energy A... [Published Yahoo! Malaysia - Aug 05 2014]
Indonesian banks scale down targets due to slow... [Published Asia News Network - Aug 05 2014]
Major banks revise down target due to slow growth [Published Jakarta Post - Aug 05 2014]
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PT Astra CEO says Indonesian giant will stay cl... [Published Reuters Video: Business - Apr 09 2014]
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