News & Event


May 24 2017
Siloam spends US$ 9.7 million to acquire hospital
PT Siloam International Hospitals Tbk announced its plan to acquire a major private hospital in West Java, in an effort to tap into the healthcare sector of the country’s most populated province. Th... Read more
The Jakarta Post - Read 8 times
May 24 2017
Pertamina’s privileges may be revoked if efficiency not improved
Energy and Mineral Resources Minister Ignasius Jonan has warned of a possible revocation of state-owned energy giant Pertamina's managerial privileges in oil and gas blocks—the contracts of which... Read more
The Jakarta Post - Read 0 times
May 24 2017
Toshiba turns to enterprises to boost laptop sales
Toshiba will pay serious attention to the enterprise market to boost sales of its laptops amid declining sales in the retail market due to the emergence of tablets and smartphones, Toshiba managing di... Read more
The Jakarta Post - Read 8 times
May 24 2017
Pan Brothers to build US$ 30 million factories in second half of 2017
PT Pan Brothers Tbk plans to build two factories in an estimated investment worth US$30 million in the second half of this year to strengthen its foothold both at home and abroad. The new production f... Read more
The Jakarta Post - Read 8 times
May 24 2017
Panin Group recalibrates strategy amid tighter competition
Panin Group, one of leading financial groups in Indonesia, has recalibrated its subsidiaries’s business strategies, both in the multifinance and banking business, in anticipation of increasing compe... Read more
The Jakarta Post - Read 8 times
May 24 2017
Krakatau Steel eyes $10 million net profit
PT Krakatau Steel Tbk aims to book US$10 million in net profit this year after losing $171.69 million amid low steel prices last year. Steel prices could still go lower than they are today, said the f... Read more
The Jakarta Post - Read 9 times
May 24 2017
Manulife records 20 percent increase in pension fund asset in Q1
PT Asuransi Jiwa Manulife Indonesia booked Rp 12.84 trillion (US$965.70 million) of asset under management (AUM) in its Financial Institution Pension Fund (DPLK) in the first quarter of 2017, a 20 per... Read more
The Jakarta Post - Read 0 times
May 24 2017
Charoen Pokphand sets aside Rp 1.1t for capex, acquires 7-Eleven
PT Charoen Pokphand Indonesia Tbk has set aside Rp 1.1 trillion — around $82.5 million — for capital expenditure this year to add production facilities and repair maintenance utilities. The money ... Read more
The Jakarta Globe - Read 8 times
May 24 2017
Garuda launches direct flights from Denpasar to Chengdu in China
PT Garuda Indonesia Tbk launched a nonstop service from Denpasar, Bali, to Chengdu in China's Sichuan province, as part of the airline's strategy to attract more Chinese tourists. The airline current... Read more
The Jakarta Globe - Read 9 times
May 24 2017
PLN works on floating solar plant in West Java
PT PLN plans to build a floating photovoltaic solar power plant in Cirata Reservoir, West Java. The company is now conducting a feasibility study together with a renewable energy developer from the Un... Read more
Tempo - Read 8 times
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