MSME

India Product Lifecycle Management Market Competition Forecast & Opportunities, 2028F

Retrieved on: 
Tuesday, November 28, 2023

DUBLIN, Nov. 28, 2023 /PRNewswire/ -- The "India Product Lifecycle Management Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 28, 2023 /PRNewswire/ -- The "India Product Lifecycle Management Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.
  • The India Product Lifecycle Management (PLM) market is poised for substantial growth, fueled by technological innovations such as the Industrial Internet of Things (IIoT), Virtual Reality, Augmented Reality, and Additive Manufacturing.
  • As organizations seek ways to maximize potential profits throughout the product lifecycle, PLM technology is becoming an indispensable tool.
  • Company Profiles: Detailed analysis of the major companies present in India Product Lifecycle Management market.

UMKM EXPO(RT) BRILIANPRENEUR 2023 Paves the Way for Global Success for 700 Curated Indonesian MSMEs

Retrieved on: 
Tuesday, November 28, 2023

(IDX: BBRI) returns with UMKM EXPO(RT) BRILIANPRENEUR 2023, showcasing 700 MSMEs on 7 to 10 December 2023 at Jakarta Convention Center, Indonesia.

Key Points: 
  • (IDX: BBRI) returns with UMKM EXPO(RT) BRILIANPRENEUR 2023, showcasing 700 MSMEs on 7 to 10 December 2023 at Jakarta Convention Center, Indonesia.
  • "UMKM EXPO(RT) BRILIANPRENEUR 2023 is a celebration of the resilience of Indonesian entrepreneurs by providing a dynamic platform for 700 MSMEs to showcase their products on a global stage, with 75% of them being new participants," said Sunarso, President Director of BRI.
  • UMKM EXPO(RT) BRILIANPRENEUR has successfully catapulted domestic MSMEs into the global market through exhibitions, business matching and other productive activities since 2019.
  • "UMKM EXPO(RT) BRILIANPRENEUR is a strategic initiative by BRI to promote Indonesian MSMEs globally, leveraging the quality of local products for international competitiveness," said Sunarso.

UMKM EXPO(RT) BRILIANPRENEUR 2023 Paves the Way for Global Success for 700 Curated Indonesian MSMEs

Retrieved on: 
Tuesday, November 28, 2023

(IDX: BBRI) returns with UMKM EXPO(RT) BRILIANPRENEUR 2023, showcasing 700 MSMEs on 7 to 10 December 2023 at Jakarta Convention Center, Indonesia.

Key Points: 
  • (IDX: BBRI) returns with UMKM EXPO(RT) BRILIANPRENEUR 2023, showcasing 700 MSMEs on 7 to 10 December 2023 at Jakarta Convention Center, Indonesia.
  • "UMKM EXPO(RT) BRILIANPRENEUR 2023 is a celebration of the resilience of Indonesian entrepreneurs by providing a dynamic platform for 700 MSMEs to showcase their products on a global stage, with 75% of them being new participants," said Sunarso, President Director of BRI.
  • UMKM EXPO(RT) BRILIANPRENEUR has successfully catapulted domestic MSMEs into the global market through exhibitions, business matching and other productive activities since 2019.
  • "UMKM EXPO(RT) BRILIANPRENEUR is a strategic initiative by BRI to promote Indonesian MSMEs globally, leveraging the quality of local products for international competitiveness," said Sunarso.

With market gain and profitability, Stone closed the third quarter with R$ 435 million adjusted net earnings

Retrieved on: 
Friday, November 10, 2023

Adjusted EBT (earnings before taxes) was R$ 545 million, a 228% increase year-on-year, and 21.9% compared to the previous quarter.

Key Points: 
  • Adjusted EBT (earnings before taxes) was R$ 545 million, a 228% increase year-on-year, and 21.9% compared to the previous quarter.
  • The Banking platform reached 1.9 million customers, with a 244.2% annual increase, closing the quarter with R$ 4.5 billion in deposits, above 51.1% in the annual comparison.
  • Maintaining the trajectory of evolution and profitability, adjusted net earnings reached R$ 435 million, a 302% increase in the year, with an adjusted net margin of 13.9%, compared to 10.9% in 2Q23.
  • Adjusted net cash closed at R$ 4.9 billion, up 56.5% YoY and 12.3% in the quarter, with a R$ 530 million increase.

BRI's Financial Performance Draws Analysts' Recommendations for its Shares

Retrieved on: 
Thursday, November 9, 2023

(IDX: BBRI)'s financial performance in Q3 2023 has ignited recommendations among analysts, who now advise 'buy' or 'hold' due to promising performance in the microsegment sector.

Key Points: 
  • (IDX: BBRI)'s financial performance in Q3 2023 has ignited recommendations among analysts, who now advise 'buy' or 'hold' due to promising performance in the microsegment sector.
  • PT UBS Sekuritas Indonesia's report raises BRI's target price to IDR 6,925, a 2-3% increase from their previous projection of IDR 6,700.
  • Furthermore, BNI Sekuritas targets BRI's price at IDR 6,000, in line with its current 1-year Price-to-Book Value of 2.3x, matching its 5-year average.
  • Despite asset quality challenges in Q3-2023 for mass-market-focused financial institutions, Q4 improvements propelled by election-related funding are expected.

Global Enterprise Storage Market Report 2023: A $123 Billion Market in 2022 - Forecasts to 2027 with Online Platforms, Enterprise Mobility, Automation and Cloud Fueling Growth

Retrieved on: 
Wednesday, November 1, 2023

The global enterprise storage market size was pegged at $123 billion in 2022.

Key Points: 
  • The global enterprise storage market size was pegged at $123 billion in 2022.
  • The global enterprise storage market research report provides an executive-level overview of the current storage market worldwide, with detailed forecasts of key indicators up to 2027.
  • According to the publisher, enterprise storage market would see majority share of its revenue come from storage hardware segment over the forecast period.
  • The global outlook report provides information and insights into global enterprise storage market:
    The primary finding from the publisher's view of revenue opportunities in the enterprise storage market through to 2027, highlighting the market size and growth by product/service, by region, by vertical and by size band.

Credit Surges by 12.53%, BRI's Profit Soars to IDR 44.21 Trillion in 9 Months

Retrieved on: 
Wednesday, November 1, 2023

(IDX: BBRI) grew by 9.93% to IDR 1,851.97 trillion, net profits increased by 12.47% to IDR 44.21 trillion, and credit disbursement rose by 12.53% to IDR 1,250.72 trillion in the first nine months of 2023.

Key Points: 
  • (IDX: BBRI) grew by 9.93% to IDR 1,851.97 trillion, net profits increased by 12.47% to IDR 44.21 trillion, and credit disbursement rose by 12.53% to IDR 1,250.72 trillion in the first nine months of 2023.
  • BRI's entire credit portfolio grew, with MSME loans up by 11.01% from IDR 935.86 trillion in Q3 2022 to IDR 1,038.90 trillion in Q3 2023, now accounting for 83.06% of the total credit.
  • Furthermore, the bank's commitment to ESG principles is shown by an 11.89% growth in ESG-related loans, totaling IDR 750.91 trillion, making up 66.1% of the credit portfolio.
  • Maintaining credit quality lowered Credit Cost to 2.44% in Q3 2023, with Non-Performing Loan Coverage at 228.65%.

Supporting AIPF 2023's Strategic Vision, BRI Strengthens Its Position as a Leading Force in Sustainable Finance with Over IDR 732.3T in ESG Loans

Retrieved on: 
Tuesday, September 5, 2023

A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.

Key Points: 
  • A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.
  • This commitment has positioned BRI as a key player in discussions at ASEAN Indo Pacific Forum (AIPF) on September 5-6, 2023, in Jakarta, Indonesia.
  • BRI's President Director, Sunarso, highlighted that the integration of ESG-based loans is an ongoing effort within the company's business and operations.
  • The total ESG-based credit portfolio held by BRI further solidifies its position as a front-runner in sustainable banking in Indonesia, making it the largest sustainable finance portfolio holder in the country.

Supporting AIPF 2023's Strategic Vision, BRI Strengthens Its Position as a Leading Force in Sustainable Finance with Over IDR 732.3T in ESG Loans

Retrieved on: 
Tuesday, September 5, 2023

A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.

Key Points: 
  • A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.
  • This commitment has positioned BRI as a key player in discussions at ASEAN Indo Pacific Forum (AIPF) on September 5-6, 2023, in Jakarta, Indonesia.
  • BRI's President Director, Sunarso, highlighted that the integration of ESG-based loans is an ongoing effort within the company's business and operations.
  • The total ESG-based credit portfolio held by BRI further solidifies its position as a front-runner in sustainable banking in Indonesia, making it the largest sustainable finance portfolio holder in the country.

BRI Sustains Growth: Micro Credit Surges 11.41%, Records IDR 29.56 Trillion Profit

Retrieved on: 
Friday, September 1, 2023

Consequently, BRI attains a consolidated profit of IDR 29.56 trillion, reflecting an impressive 18.83% YoY growth.

Key Points: 
  • Consequently, BRI attains a consolidated profit of IDR 29.56 trillion, reflecting an impressive 18.83% YoY growth.
  • In the domain of credit distribution, BRI extended loans and financing worth IDR 1,202.13 trillion by Q2 2023, with the micro segment growing exponentially at 11.41% YoY, reaching IDR 577.94 trillion.
  • This amplifies the microcredit's share to 48.08% of the total credit, while MSME credit constitutes a remarkable 84.48% of the overall credit.
  • By Q2 2023, ESG-related BRI credit makes up 67.2% of the portfolio (IDR 732.3 trillion).