News & Event


July 25 2017
Firm denies any wrongdoing in premium rice scandal
PT Tiga Pilar Sejahtera, the parent company of PT Indo Beras Unggul (IBU), has denied any wrongdoing in the production of its premium rice despite a police investigation. “We do not sell subsidized ... Read more
The Jakarta Post - Read 0 times
July 25 2017
Angkasa Pura II to operate Kertajati, West Java's biggest airport
PT Angkasa Pura II is set to manage Kertajati International Airport — soon to be West Java's largest airport when it opens next year. The company, known as AP II, signed a memorandum of understandin... Read more
The Jakarta Globe - Read 5 times
July 25 2017
DPUM eyes 20% profit growth
PT Dua Putra Utama Makmur Tbk (DPUM) expects inclining revenue in this year around 45%-50% or valued Rp 1.4 trillion-Rp 1.45 trillion compared with the previous year’s achievement worth Rp 966.89 bi... Read more
Kontan - Read 5 times
July 25 2017
Erajaya to partner with Xiaomi and Go Pro
PT Erajaya Swasembada Tbk is ready to expand by doing business diversification and selling internet of things (IoT) products and gadget accessories. To run the expansion the company will team up with ... Read more
Kontan - Read 4 times
July 25 2017
MYRX to acquire 56 hectares of land in Maja
PT Hanson International Tbk (MYRX) has successfully acquired 56 hectares of land in Maja. During this year, the company projects to acquire new land totaled 100 hectares. To meet the target, the firm ... Read more
Bisnis Indonesia - Read 4 times
July 25 2017
KOBX sees inclining revenue 40%
PT Kobexindo Tractors Tbk (KOBX) revises revenue target in this year to hike 40% from initial target 20%. The improvement is in line with promising performance in first half of this year that booked U... Read more
Bisnis Indonesia - Read 5 times
July 24 2017
PAL Indonesia aims to break even this year
After ending up in the red last year, PT PAL Indonesia aims to break even this year, pinning hopes on the government’s 35,000 megawatt (MW) electricity projects. The company has been heavily reliant... Read more
The Jakarta Post - Read 4 times
July 24 2017
PLN to supply power for KEK Bitung
PT PLN has said it is ready to meet the electricity demand of Bitung Special Economic Zone (KEK) in North Sulawesi. The company will prepare all the necessary electricity infrastructure as well as hum... Read more
The Jakarta Post - Read 5 times
July 24 2017
BNI pins growth on millennials, premium customers
PT Bank Negara Indonesia Tbk (BNI) is pinning its credit-card business growth on milennials as they increasingly resort to non-cash payments for various transactions. The bank aims for a 14 percent to... Read more
The Jakarta Post - Read 5 times
July 24 2017
Freeport Indonesia mine workers extend strike for fourth month
An estimated 5,000 workers at the giant Grasberg copper mine operated by PT Freeport Indonesia will extend their strike for a fourth month in an ongoing dispute over layoffs and employment terms. The ... Read more
The Jakarta Post - Read 6 times
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