August 3, 2023

Ministers neglecting duties due to elections will be evaluated: VP

Tarakan (ANTARA) – Vice President Ma’ruf Amin has reiterated that President Joko Widodo (Jokowi) will evaluate the performance of ministers found neglecting their duties to focus on their own political campaigns during the upcoming political year.”The…

Need to address Malaysian ringgit use on Sebatik border: VP

Tarakan, North Kalimantan (ANTARA) – The use of the Malaysian ringgit by people living on the Sebatik Island border has become a challenge that needs to be addressed, Vice President Ma’ruf Amin has said.”The use of ringgit on the Sebatik Island border…

BGF Retail Q2 net income up 3.7 pct to 59.5 bln won

BGF Retail Co. on Thursday reported its second-quarter net profit of 59.5 billion won (US$45.8 million), up 3.7 percent from a year earlier.Operating income for the April-June period was 78.1 billion won, up 10.3 percent from a year ago, the company s…

Seoul shares end lower on foreign, institutional sell-off

Seoul shares ended lower Thursday on heavy sell-off by foreign investors and institutions after the downgrading of the U.S. credit rating. The South Korean won declined against the U.S. dollar.After choppy trading, the benchmark Korea Composite Stock …