News & Event


April 06 2020
Indonesia to electrify 433 remote eastern villages
The government has set a target of electrifying 433 remote villages in Indonesia’s four most impoverished provinces before year end as the country struggles to provide electricity for the entire pop... Read more
The Jakarta Post - Read 2 times
April 06 2020
TransJakarta requires passengers to wear masks
PT Transportation Jakarta (TransJakarta) requires all passengers to use masks when using public transportation services to prevent the potential spread of COVID-19 starting next week, Sunday (12/4). "... Read more
Antaranews - Read 2 times
April 06 2020
Pertamina may seek another partner if Aramco deal falls through
PT Pertamina may seek a new partner to develop an oil refinery in Cilacap District, Central Java if it fails to reach an agreement with Saudi Aramco by April-end. "We have not yet reached an agreement... Read more
Antaranews - Read 2 times
April 06 2020
Kalbe Farma records sales growth 7.4% in 2019
PT Kalbe Farma Tbk books positive financial performance throughout 2019. The company posted net sales of up to Rp 22.63 trillion in 2019, up 7.4% from the previous year which amounted to Rp 21.07 tril... Read more
Kontan - Read 2 times
April 06 2020
Mulia Industrindo to target 10% hike of sales this year
PT Mulia Industrindo Tbk targets a 10% increase in sales this year to Rp 4.2 trillion. Last year, Mulia Industrindo's sales were only Rp 3.89 trillion. The company is optimistic that the sales target ... Read more
Kontan - Read 0 times
April 03 2020
Retailer Matahari temporarily closes all stores, cuts salaries amid COVID-19 pandemic
PT Matahari Department Store Tbk has announced that it will close all of its stores for 14 days and reduce salaries to cope with the impacts of the COVID-19 pandemic. The Lippo Group subsidiary closed... Read more
The Jakarta Post - Read 3 times
April 03 2020
Medco Power kicks off drilling for 110MW geothermal plant
PT Medco Power Indonesia (MPI) has started drilling geothermal wells for its plant in the Blawan Ijen volcano complex in East Java. Medco Power said that it would drill a total of four wells, two of w... Read more
The Jakarta Post - Read 3 times
April 03 2020
Medco Power kicks off drilling for 110MW geothermal plant
PT Medco Power Indonesia (MPI) has started drilling geothermal wells for its plant in the Blawan Ijen volcano complex in East Java. Medco Power said that it would drill a total of four wells, two of w... Read more
The Jakarta Post - Read 0 times
April 03 2020
Medco Power kicks off drilling for 110MW geothermal plant
PT Medco Power Indonesia (MPI) has started drilling geothermal wells for its plant in the Blawan Ijen volcano complex in East Java. Medco Power said that it would drill a total of four wells, two of w... Read more
The Jakarta Post - Read 0 times
April 03 2020
Bank Mandiri gives one-year life insurance plans to 35,000 medical workers
PT Bank Mandiri Tbk is giving out life insurance plans with potential payments totaling Rp 1 trillion (US$60 million) to 35,000 frontline healthcare professionals fighting the COVID-19 pandemic in the... Read more
The Jakarta Globe - Read 5 times
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