News & Event


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
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