#Market
ESDM ministry: CCS business potential to drive economic growth
The Ministry of Energy and Mineral Resources (ESDM) has continuosly disseminated the importance of developing Carbon Capture and Storage (CCS) technology in line with the global push to reduce CO2 emissions and the increasingly promising business opportunity and its considerable impact on the country’s economic growth
PT Timah books net profit of Rp1.19 Trillion in 2024
State-owned tin miner PT Timah (IDX: TINS) reported a net profit of Rp1.19 trillion (US$74 million) in 2024, an increase of 364 percent from the previous year, when the company recorded a net loss of IDR 449.67 billion (approximately $28 million).
Bakrie Group considers share buyback to boost market confidence
President Director of PT Bakrie & Brothers and President Commissioner of PT VKTR Teknologi Mobilitas, Anindya Novyan Bakrie, said that Bakrie Group is considering carrying out a buyback or repurchase of a number of company shares that have been released to the public.
Shell dismisses reports of closure of all refueling stations in Indonesia
PT Shell Indonesia has confirmed that viral reports about the closure of all its public fuel filling stations (SPBU) in Indonesia is not true.