News & Event


July 10 2020
Ministry to restructure Jiwasraya policies, establish new life insurance firm
The State-Owned Enterprises (SOEs) Ministry is planning to restructure state-owned insurance company PT Asuransi Jiwasraya’s policies before carrying them over to a new company and dissolving the ai... Read more
The Jakarta Post - Read 0 times
July 10 2020
Indosat launches digital operation with Ericsson, Huawei
PT Indosat Ooredoo Tbk announced that its operating model will go fully digital, made possible with the help of its global partners, Swedish technology Ericsson and China-based Huawei. The company sai... Read more
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July 10 2020
MRT Jakarta to speed up transit-oriented development projects
As a capital city notorious worldwide for its traffic problems, Jakarta has sought to shift its development to a more sustainable urban mobility model. City-owned mass transportation company MRT Jakar... Read more
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July 10 2020
Gas-fired power plant in Timika roars to life ahead of 2021 National Games
A small 10-megawatt (MW) gas-fired power plant (PLMTG) in Timika in Mimika regency, Papua, has begun operations ahead of the quadrennial National Games (PON) in Papua next year. State-owned electricit... Read more
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July 10 2020
Passenger surge at AP I airports continues as COVID-19 test policy relaxed
State-owned airport operator Angkasa Pura I (AP I) recorded an increase in passenger numbers in early July after the government extended the expiry date for passengers’ rapid and polymerase chain re... Read more
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July 10 2020
CGV sets requirement for visitors ahead of reopening on July 29
Cinema service provider PT Graha Layar Prima Tbk (CGV Cinemas) is set to operate on July 29, 2020, during the transitional period of the large-scale social restriction (PSBB) to a new normal era. As o... Read more
Tempo - Read 0 times
July 10 2020
Mitrabara Adiperdana’s net profit skyrockets 145% in Q1
PT Mitrabara Adiperdana Tbk managed to achieve impressive sales in the first quarter of 2020 by obtaining US$ 67.80 million, an increase of 3.63% (yoy) compared to sales in the first quarter of 2019 o... Read more
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July 10 2020
Bumi Resources (BUMI) optimist to maintain production target 90 million tons
In the midst of sluggish coal price, PT Bumi Resources Tbk (BUMI) is still optimistic about the target. This year, BUMI aims to produce 85 million tons - 90 million tons of coal. "There is no change o... Read more
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July 09 2020
Despite looming deadline, Pertamina’s clean fuel goals remain distant
PT Pertamina has reaffirmed plans to phase out pollutive fuels but a top executive has made clear that the company will not do so until certain multibillion-dollar projects are completed. Pertamina, w... Read more
The Jakarta Post - Read 0 times
July 09 2020
Sritex sees profit, revenue stagnate in Q1 despite COVID-19
PT Sri Rejeki Isman Tbk (Sritex) saw its profit and revenue stagnate in the first quarter despite the health crisis, propped up by the sales of masks and protective suits. Sritex managed to book a sli... Read more
The Jakarta Post - Read 4 times
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