| January 14 2020 |
| Energy Ministry picks DMO option to lower industrial gas prices |
| The Energy and Mineral Resources Ministry has chosen to pursue a combination of a domestic market obligation (DMO) and fiscal incentives to reduce industrial gas prices in the hope of fulfilling a fo... Read more |
| The Jakarta Post - Read 6 times |
| January 14 2020 |
| Medco set to issue $650m in global bonds to refinance debts |
| PT Medco Energi Internasional Tbk, a listed oil and gas company controlled by Indonesian tycoon Prajogo Pangestu, plans to raise up to $650 million from dollar-denominated bonds later this month to re... Read more |
| The Jakarta Globe - Read 6 times |
| January 14 2020 |
| Mahfud MD: two state insurance firms corruption are linked |
| The Coordinating Minister of Politics, Law, and Security Affairs, Mahfud MD, said he found similarities between two massive cases of alleged corruption in two state-owned insurance companies; the As... Read more |
| Tempo - Read 0 times |
| January 14 2020 |
| Jiwasraya default: govt set to establish agency to insure policies |
| Deputy Finance Minister Suahasil Nazara said that the government continues to prepare to establish an agency that can act as a guarantor for insurance policies Insurance Agency. Suahasil said that the... Read more |
| Tempo - Read 0 times |
| January 14 2020 |
| Millenium Pharmacon targets income growth 15% in 2020 |
| PT Millenium Pharmacon International Tbk is targeting income growth by 15% with a net profit increase of 30% throughout this year. Until third quarter of last year, the company’s sales totaled Rp 2.... Read more |
| Kontan - Read 5 times |
| January 14 2020 |
| Wijaya Karya (WIKA) eyes new contracts Rp 65 trillion in 2020 |
| PT Wijaya Karya Tbk (WIKA) targets new contracts around Rp 65 trillion in this year. The value is higher than the last year’s target valued Rp 61.74 trillion. Director of Wijaya Karya Tumiyana said ... Read more |
| Bisnis Indonesia - Read 5 times |
| January 14 2020 |
| Arwana Citramulia to allocate capex Rp 165 billion |
| PT Arwana Citramulia Tbk is allocating capital expenditure (capex) worth Rp 165 billion in this year. Chief Operating Officer (COO) Arwana Citramulia Edy Suyanto said the capital expenditure will be u... Read more |
| Bisnis Indonesia - Read 6 times |
| January 14 2020 |
| CTRA booked marketing sales Rp 6.1 trillion in 2019 |
| PT Ciputra Development Tbk has exceeded the 2019 marketing sales target totaled Rp 6.1 trillion. Ciputra Development's Independent Director Tulus Santoso said that by the end of 2019 the company had p... Read more |
| Bisnis Indonesia - Read 6 times |
| January 10 2020 |
| Jiwasraya could have knock-on effect on financial sector |
| High-ranking officials have expressed concern that the fiasco at state-owned insurance company Asuransi Jiwasraya will undermine faith among the public and investors in the country’s financial insti... Read more |
| The Jakarta Post - Read 8 times |
| January 10 2020 |
| Garuda redirects Europe flights from Iran's airspace |
| PT Garuda Indonesia Tbk rerouted its flights to Europe to circumvent the airspace over Iran, after the US Federal Aviation Administration (FAA) banned the country's operators from flying over the airs... Read more |
| Antaranews - Read 7 times |