News & Event


August 12 2020
Two sections of Jakarta Outer Ring Road II to be opened this year
State-owned toll road operator Jasa Marga aims to launch operations on two sections of the Jakarta Outer Ring Road (JORR) II network by the end of the year. The sections are the 10.1 km Serpong-Cinere... Read more
The Jakarta Post - Read 0 times
August 12 2020
Prudential Indonesia aims to boost number of MDRT-qualified agents
PT Prudential Life Assurance (Prudential Indonesia) aims to increase the number of its agents who qualify for membership of a global association of life insurance and financial services professionals,... Read more
The Jakarta Post - Read 0 times
August 12 2020
Indonesia’s ‘jamu’ enters Saudi market
PT Industri Jamu dan Farmasi Sido Muncul Tbk sent its first shipment to Saudi Arabia on Monday with a range of products including jamu (Indonesian herbal medicine). The Trade Ministry’s national exp... Read more
The Jakarta Post - Read 0 times
August 12 2020
Vaccine trial gives new hope as Covid-19 cases continue to grow
Indonesia began the phase 3 clinical trial of a vaccine against Covid-19 in a hope that mass immunization can begin early next year. President Joko Widodo said the vaccine candidate, developed jointly... Read more
Jakarta Globe - Read 0 times
August 12 2020
AP II to open heliport facility in Soekarno-Hatta airport
PT Angkasa Pura II (AP II) planned to open heliport facilities at the Soekarno-Hatta International Airport complex in the near future. This was expected to trigger the recovery of the aviation industr... Read more
Tempo - Read 0 times
August 12 2020
Summarecon Agung’s marketing sales in 2019 surpasses expectation
PT Summarecon Agung Tbk booked marketing sales of Rp 4.1 trillion in 2019, exceeding the target of Rp 4 trillion. The distribution of sales based on products includes house sales at 66%, apartments 14... Read more
Kontan - Read 0 times
August 12 2020
Lowering sales target yet Kalbe Farma sees increasing profit in 2020
PT Kalbe Farma Tbk pocketed net sales of Rp. 11.6 trillion, up 3.76% year on year (yoy). Its net profit increased by 10.3% yoy to Rp 1.39 trillion. Kalbe Farma Finance Director Bernadus Karmin Winata ... Read more
Kontan - Read 0 times
August 12 2020
Asia Pacific Fibers revises capex this year
PT Asia Pacific Fibers Tbk postponed some capital expenditure (capex) for this year. The firm initially budgeted capex US$ 10 million for the rejuvenation of production machines and new product develo... Read more
Kontan - Read 0 times
August 12 2020
Mitra Pinasthika Mustika’s revenue expected to lower
PT Mitra Pinasthika Mustika Tbk projected that it will record a decrease in revenue of around 25% -30% from the last year’s achievement. Previously, the company recorded a revenue of Rp 16.81 trilli... Read more
Kontan - Read 0 times
August 12 2020
Global Mediacom optimist to rebound
PT Global Mediacom Tbk is optimistic that it can turn things around starting in the third quarter of 2020 after noted a negative performance throughout the first half of 2020. Optimism arose after the... Read more
Bisnis Indonesia - Read 0 times
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