| February 18 2019 |
| Garuda flights still expensive, minister says |
| Transportation Minister Budi Karya Sumadi said that the airfare for many Garuda Indonesia flights was still too high, even after the flag carrier — along with other airlines under its operation — ... Read more |
| The Jakarta Post - Read 6 times |
| February 18 2019 |
| Mandiri Investasi bets on 10 percent AUM growth in 2019 |
| Mandiri Manajemen Investasi, part of state-lender Bank Mandiri, is confident its assets under management will grow 10 percent this year, optimistic over the country's economic growth. Mandiri Investas... Read more |
| The Jakarta Globe - Read 0 times |
| February 18 2019 |
| GMF AeroAsia eyes 8% profit growth |
| After recorded lowering profit in 2018, PT Garuda Maintenance Facility Aero Asia Tbk is just targeting single digit growth in this year. The company eyes net profit worth US$ 33.01 million in this yea... Read more |
| Kontan - Read 6 times |
| February 18 2019 |
| Adaro Energy prepares US$ 600 million for this year’s capex |
| PT Adaro Energy Tbk is allocating capital expenditure (capex) around US$ 450 million – US$ 600 million. The value is lower than last year’s budget at around US$ 750 million – US$ 900 million. He... Read more |
| Kontan - Read 0 times |
| February 18 2019 |
| WIKA targets new contracts from overseas to hike 16.3% |
| PT Wijaya Karya Tbk (WIKA) plans to expand its business to overseas market in this year. Corporate Secretary of PT Wijaya Karya Tbk, Puspita Anggraeni, said in this year the company targets new contra... Read more |
| Kontan - Read 4 times |
| February 18 2019 |
| Adi Sarana Armada to acquire Japanese automotive auction company |
| PT Adi Sarana Armada Tbk strengthens its vehicle auction business by acquiring 51% shares of PT Jepang Bidwin Auction (JBA) Indonesia through its subsidiary PT Adi Sarana Lelang or Bidwin. The acquisi... Read more |
| Kontan - Read 6 times |
| February 18 2019 |
| Adi Sarana Armada to acquire Japanese automotive auction company |
| PT Adi Sarana Armada Tbk strengthens its vehicle auction business by acquiring 51% shares of PT Jepang Bidwin Auction (JBA) Indonesia through its subsidiary PT Adi Sarana Lelang or Bidwin. The acquisi... Read more |
| Kontan - Read 0 times |
| February 18 2019 |
| Astra Agro Lestari to spend Rp 1.5 trillion for this year’s capex |
| PT Astra Agro Lestari Tbk will allocate Rp 1.5 trillion for this year’s capital expenditure (capex). The number is lower than the previous budget (yoy) totaled Rp 1.7 trillion. Around 40% of the cap... Read more |
| Kontan - Read 0 times |
| February 18 2019 |
| United Tractors to market 9 million tons of coal this year |
| PT United Tractors Tbk targets an aggressive sales in this year as the company is optimist to market up to 9 million tons of coal, up 28.57% from last year’s achievement totaled 7 million tons. This... Read more |
| Bisnis Indonesia - Read 2 times |
| February 15 2019 |
| BP-AKR plans to have 350 fuel stations by 2028 |
| PT AKR Corporindo Tbk and British oil and gas company BP have already opened four fuel stations in Indonesia under a joint venture established by the companies. By 2028, they hope to raise the number... Read more |
| The Jakarta Post - Read 16 times |