News & Event


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
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