News & Event


May 29 2017
PLN signs PPA for Meulaboh power plant
PT PLN and a consortium made up of China Datang Overseas Investment Co., Ltd., PT Pembangunan Perumahan Tbk and PT Sumberdaya Sewatama signed a power purchase agreement (PPA) for the 20X20 megawatt (M... Read more
The Jakarta Post - Read 0 times
May 29 2017
Mandala keeps hope afloat despite poor Q1 result
Despite a poor showing in the first quarter of this year, PT Mandala Multifinance Tbk is still looking to meet its financing target for 2017 through improved two-wheeler sales. The firm expects to fun... Read more
The Jakarta Post - Read 0 times
May 29 2017
Garuda more upbeat about Q2
PT Garuda Indonesia Tbk is optimistic its financial performance will improve in the second quarter of this year after a significant loss in the first quarter. Garuda posted a net loss of US$99.1 milli... Read more
The Jakarta Post - Read 0 times
May 29 2017
Bank Mandiri preparing Rp 4t for LRT project
PT Bank Mandiri Tbk has prepared Rp 4 trillion (US$300 million) in loans to finance the light rail transit (LRT) project, connecting Jakarta and the three West Java cities of Bogor, Depok and Bekasi. ... Read more
The Jakarta Post - Read 0 times
May 29 2017
Cikarang Listrindo to finish new coal plant in first half
PT Cikarang Listrindo Tbk expects to complete the development of its new coal-fired power plant in Babelan, West Java, with a capacity of 2x140 megawatts (MW) before the end of the first half of this ... Read more
The Jakarta Post - Read 0 times
May 29 2017
Toba Bara prepares US$60 million capex in 2017
PT Toba Bara Sejahtra Tbk has allocated US$60-65 million in capital expenditure this year, 85 to 90 percent of which will be used for the initial engineering, procurement and contracting (EPC) phase o... Read more
The Jakarta Post - Read 0 times
May 29 2017
Gov't urges Medco's Amman Mineral to submit smelter plan
The government has warned PT Amman Mineral Nusa Tenggara, Indonesia's second largest gold miner, that it must submit a detailed plan for a smelter by August, or it will see its export permit frozen. ... Read more
The Jakarta Globe - Read 0 times
May 29 2017
Gov't urges Medco's Amman Mineral to submit smelter plan
The government has warned PT Amman Mineral Nusa Tenggara, Indonesia's second largest gold miner, that it must submit a detailed plan for a smelter by August, or it will see its export permit frozen. ... Read more
The Jakarta Globe - Read 0 times
May 29 2017
Garuda to begin flights from Jakarta to Banyuwangi next month
PT Garuda Indonesia Tbk will inaugurate its first flight from Soekarno-Hatta International Airport in Jakarta to Blimbingsari Airport in Banyuwangi, East Java, on June 21, with three state ministers ... Read more
Tempo - Read 0 times
May 29 2017
PLN ready to electrify 365 villages in Papua this year
PT PLN is ready to provide electricity to 365 villages and eight regencies in Papua and West Papua this year. Maluku and Papua PLN Regional Business Director Haryanto WS in Jakarta on Friday, Ma... Read more
Tempo - Read 0 times
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