News & Event


May 26 2017
Adhi Karya sets eyes on water, oil and gas
PT Adhi Karya Tbk plans to invest in water as well as oil and gas pipeline projects, which are now under assessment. The firm prepares an investment of Rp 4 trillion to establish a joint venture with ... Read more
The Jakarta Post - Read 10 times
May 26 2017
Pertamina expects stagnant net profit in 2017
PT Pertamina expects its net profits to remain the same as last year amid fluctuations in global oil prices and reduced oil production caused by an overhaul of its refineries. The company hopes to boo... Read more
The Jakarta Post - Read 8 times
May 26 2017
Bumi Resources to finally pay off debts
PT Bumi Reosurces Tbk is beginning to see light at the end of the tunnel as it will soon finish its plan to restructure its years-long commercial debts totaling US$ 4.38 billion. Bumi plans to convert... Read more
The Jakarta Post - Read 8 times
May 26 2017
PT INKA eyes Tanzanian market
PT Industri Kereta Api (INKA) has offered its products to Tanzania during a recent visit of the company’s executives to the East African country.A PT INKA delegation led by general manager of overse... Read more
The Jakarta Post - Read 8 times
May 26 2017
Pertamina profit drops by 25% amid surge in crude oil price
PT Pertamina saw profit drop by 24.75 percent to US$760 million in the first quarter of this year from $1.01 billion in the same period last year due to a surge in prices for raw materials. The price ... Read more
The Jakarta Post - Read 7 times
May 26 2017
Adhi Karya issues Rp 3.5t bonds
PT Adhi Karya Tbk is offering bonds worth a maximum of Rp 3.5 trillion (US$262.9 million) and totaling Rp 5 trillion under the first phase of its shelf offering II for the next two years. The debt pap... Read more
The Jakarta Post - Read 8 times
May 26 2017
Waskita secures crucial loan for Pemalang-Batang toll road
PT Waskita Karya Tbk has secured a Rp 3.2 trillion ($240 million) syndicated loan from a group of local and international banks to finance the construction of the Pemalang-Batang toll road in Central... Read more
The Jakarta Globe - Read 8 times
May 26 2017
Pertamina operates Mahakam block in January 2018
PT Pertamina CEO Elia Massa Manik said that the company is preparing itself to take over the Mahakam block in 2018. “We will drill 15 wells to make up for the decline in production,” Elia said. Mo... Read more
Tempo - Read 7 times
May 26 2017
Samudera prepares US$ 100 million capex
PT Samudera Indonesia Tbk plans for US$ 100 million of capital expenditure (capex) in this year, that is sourced from medium term notes (MTN) released in this year. Around US$ 45 million – US$ 50 mi... Read more
Kontan - Read 8 times
May 26 2017
TMPA still relies on coal
PT Trans Power Marine Tbk (TPMA) is optimist to meet revenue growth target in this year and net profits around 10%-20% in line with improving coal prices and continuing coal demand since second semest... Read more
Kontan - Read 8 times
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