News & Event


March 16 2019
Philippines rejects Go-Jek appeal against ride-hailing license ban
Indonesian ride-hailing firm Go-Jek lost an appeal against the Philippines’ decision to refuse to grant it a license due to its failure to meet local ownership criteria, in a major blow to its South... Read more
The Jakarta Post - Read 2 times
March 16 2019
Toll road operator takes out Rp 30.03t in syndicated loans over one year
PT Jasa Marga Tbk has taken out syndicated loans worth Rp 30.03 trillion (US$2.11 billion) over one year to finance a number of projects, namely the Kunciran-Serpong toll road, the elevated Jakarta-Ci... Read more
The Jakarta Post - Read 2 times
March 16 2019
Ministry, PLN remain 'optimistic' about 35,000 MW electricity program
The high-profile, 35,000-megawatt (MW) electricity program had produced 3,009 MW by Jan. 15, or 8 percent of the combined installed capacity of the new power plants. Director of supervision for el... Read more
The Jakarta Post - Read 2 times
March 16 2019
Miners eye lucrative prospects in coking coal
Coal miners are looking to boost coking coal production in line with projected growth in the steel industry and the construction and manufacturing sectors, which require the substance as an energy sou... Read more
The Jakarta Post - Read 2 times
March 16 2019
Antam races against time to build smelter
PT Aneka Tambang Tbk (Antam) is optimistic about finishing the construction of downstream facilities before the relaxation of ore exports ends in January 2022. The termination of the relaxation of ore... Read more
The Jakarta Post - Read 2 times
March 16 2019
Lion Parcel eyes trains to maximize delivery service
Lion Parcel, a subsidiary of the Lion Air Group, is aiming to maximize its parcel delivery service by using rail this year because the company expects it will save time and money. Lion Parcel presiden... Read more
The Jakarta Post - Read 2 times
March 16 2019
IPC sets target of Rp13.5 trillion revenue in 2019
Indonesian Port Corporation (IPC), or PT Pelabuhan Indonesia II, has set a target of receiving revenue amounting to Rp13.5 trillion and recording current year profit worth Rp2.61 trillion in 2019. "We... Read more
Antaranews - Read 2 times
March 15 2019
Govt tells Papua, Mimika to set up BUMD for Freeport shares
The government has told the administrations of Papua province and Mimika regency to establish a regionowned enterprise (BUMD) to hold the 10 percent combined shares they were allotted through the ... Read more
The Jakarta Post - Read 8 times
March 15 2019
Garuda reconsiders order of 49 MAX airplanes from Boeing
PT Garuda Indonesia Tbk has said that it may cancel its order of 49 Boeing 737 MAX 8 airplanes, following an Ethiopian Airline crash on Sunday that was the second deadly incident in five months involv... Read more
The Jakarta Post - Read 9 times
March 15 2019
Pertamina inks fuel deals with mining, airline, airport operator SOEs
In coordination with the StateOwned Enterprises Ministry, state energy holding company Pertamina signed three separate deals with several stateowned enterprises (SOEs) that run businesses in mining, ... Read more
The Jakarta Post - Read 10 times
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