News & Event


August 19 2019
State mining holding company rebrands as MIND ID
Holding Industri Pertambangan (HIP) has officially rebranded itself as MIND ID, an acronym for Mining Industry Indonesia, as part of the company’s transformation into a super holding enterprise that... Read more
The Jakarta Post - Read 1 times
August 19 2019
China's WeChat and Alipay seek way to legally operate in Indonesia
Three local banks have applied to Bank Indonesia for licenses to cooperate with WeChat and Alipay, paving the way for the Chinese digital payment giants to operate legally in the archipelago.  Bank... Read more
The Jakarta Globe - Read 1 times
August 19 2019
Production not affected by Balikpapan refinery fire: Pertamina
PT Pertamina is operating normally despite a fire at its Refinery Unit V (RU V) in Balikpapan, East Kalimantan Province. “It was a minor fire, so it did not affect Pertamina's production,” Djoko ... Read more
Antaranews - Read 0 times
August 19 2019
AP I eyes management of 2 airports in the Middle East
State-run airport operator Angkasa Pura I (AP I) determined to set King Abdul Aziz Airport in Jeddah and Kuwait Airport as its main targets for overseas expansion in 2019. The corporate secretary Hand... Read more
Tempo - Read 1 times
August 19 2019
TGRA eyes RP 70 billion of revenue
PT Terregra Asia Energy Tbk targets this year’s revenue worth Rp 70 billion, up 53.54% from last year’s achievement valued Rp 45.59 billion. Corporate secretary of the company Christin Soewito sai... Read more
Kontan - Read 1 times
August 19 2019
Sri Isman Rejeki disburses US$ 15 million of capex
PT Sri Isman Rejeki Tbk prepares US$ 30 million -US$ 40 million for his year’s capital expenditure (capex). Until first half of this year, the company has spent US$ 15 million which has been used to... Read more
Kontan - Read 1 times
August 19 2019
Semen Baturaja plans to build a 3rd factory
PT Semen Baturaja Tbk plans to expand its market by constructing Baturaja factory III which is located at Jambi. Currently, the firm is on feasibility study and once operated the factory will have a c... Read more
Kontan - Read 1 times
August 19 2019
Golden Energy Mines’ net profit down 47.49%
PT Golden Energy Mines Tbk booked lowering net profit to 47.49% in first semester of this year (yoy). The company posted revenues of US$ 491.64 million in the first semester of 2019. The realization e... Read more
Bisnis Indonesia - Read 0 times
August 19 2019
Waskita Beton Precast obtains new contracts worth Rp 3.29 trillion
PT Waskita Beton Precast Tbk pockets new contracts valued Rp 3.9 trillion during January-July 2019 or equals to 31.7% from this year’s target. Previously, the company set a total new contract target... Read more
Bisnis Indonesia - Read 1 times
August 16 2019
OCBC mulls bid for control of Bank Permata
Oversea-Chinese Banking Corp. is weighing a bid for Standard Chartered’s Indonesian bank, people with knowledge of the matter said, a move that may create the country’s fifth-largest lender. OCBC ... Read more
The Jakarta Post - Read 2 times
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