| May 23 2022 |
| Krakatau Posco's $3.5b steel mill project to finish construction by 2027 |
| Steelmaker PT Krakatau Posco, in cooperation with state-owned PT Krakatau Steel (KRAS), is set to expand to the second phase of an integrated steel mill project in a bid to capture the Southeast Asian... Read more |
| The Jakarta Post - Read 5 times |
| May 23 2022 |
| Krakatau Posco's $3.5b steel mill project to finish construction by 2027 |
| Steelmaker PT Krakatau Posco, in cooperation with state-owned PT Krakatau Steel (KRAS), is set to expand to the second phase of an integrated steel mill project in a bid to capture the Southeast Asian... Read more |
| The Jakarta Post - Read 0 times |
| May 23 2022 |
| Govt signs Rp 1 trillion deal on CISEM gas pipeline with Elnusa |
| The Energy and Mineral Resources Ministry has signed a contract with publicly listed oil and gas service provider PT Elnusa, a subsidiary of state-owned oil giant Pertamina, on the construction of the... Read more |
| The Jakarta Post - Read 4 times |
| May 23 2022 |
| BNI sets up venture capital arm to tap into tech sector |
| Bank Negara Indonesia (BNI) has established a venture capital (VC) subsidiary to tap into Indonesia’s blossoming tech start-up industry. The state-owned lender received approval from the Financial S... Read more |
| The Jakarta Post - Read 5 times |
| May 23 2022 |
| Pelindo delays IPO for sub-holding |
| PT Pelabuhan Indonesia (Indonesia Port Corporation or IPC) has decided to delay the initial public offering (IPO). The state-owned port operator had planned to list its sub-holding companies on the In... Read more |
| Tempo - Read 5 times |
| May 23 2022 |
| PT Timah posts Rp601 billion profit in first quarter |
| PT Timah Tbk announced that its net profit soared 5,713 percent to Rp601 billion in the first quarter of 2022 as compared to Rp10 billion during the same period last year. The surge in net profit resu... Read more |
| Antaranews - Read 6 times |
| May 23 2022 |
| MAP Aktif Adiperkasa (MAPA) revenue increased 50.22% in first quarter |
| A subsidiary of PT Mitra Adiperkasa Tbk (MAPI), PT MAP Aktif Adiperkasa Tbk (MAPA), recorded a significant performance growth during the first three months of 2022. MAPA pocketed a net revenue of up t... Read more |
| Kontan - Read 5 times |
| May 23 2022 |
| Sekar Laut prepares Rp 72 billion of capex for the next three years |
| PT Sekar Laut Tbk has prepared capital expenditure (capex) of Rp 72 billion for the next three years. The capex will be used for 2022-2024. Corporate Secretary Jimmy Herlambang explained that the plan... Read more |
| Kontan - Read 3 times |
| May 23 2022 |
| Soaring 132%, Aneka Tambang recorded Rp 1.47 trillion profit in first quarter |
| PT Aneka Tambang Tbk scored a solid performance during the first quarter of 2022. The company posted a net profit of Rp 1.47 trillion in the first three months of 2022. This realization shot up 132% o... Read more |
| Kontan - Read 3 times |
| May 23 2022 |
| Martina Berto optimist to meet performance targets this year |
| PT Martina Berto Tbk is still confident that it can achieve a better performance after the first quarter of 2022. In the first quarter of 2022, the firm achieved a 47.70% (yoy) increase in net sales t... Read more |
| Kontan - Read 6 times |