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Gudang Garam Projected to Report Lower Earnings Due to Excise Hike

Gudang Garam Projected to Report Lower Earnings Due to Excise Hike

Cigarette and tobacco giant PT Gudang Garam Tbk profit earnings are projected to drop by 25 percent due to the hike in tobacco excise.
News
Indonesia Highlights: US Secretary of State Pompeo Visits Indonesia | North Sumatra’s Mount Sinabung Erupts | Indonesia’s Third-Wealthiest Person Tan Siok Tjien Dies

Indonesia Highlights: US Secretary of State Pompeo Visits Indonesia | North Sumatra’s Mount Sinabung Erupts | Indonesia’s Third-Wealthiest Person Tan Siok Tjien Dies

Residents in Karo district of Indonesia’s North Sumatra are urged to avoid the red zone of Mount Sinabung as the volcanic activity is heightened
Business
Indonesia’s Third Wealthiest Person Tan Siok Tjien Dies

Indonesia’s Third Wealthiest Person Tan Siok Tjien Dies

Tan is the wife of the late Surya Wonowidjojo, the founder of PT Gudang Garam Tbk, an East Java-based company manufacturing clove cigarettes
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