News & Event


January 10 2018
Pindad eyes Rp 2.9 trillion in revenue for 2018
PT Pindad is aiming for Rp 2.9 trillion (US$203 million) in revenue this year, said Pindad president director Abraham Mose. He said the company had booked net profit of Rp 53 billion in 2017. This y... Read more
The Jakarta Post - Read 6 times
January 10 2018
UNTR to surpass sales target
PT United Tractors Tbk (UNTR) potentially surpasses heavy equipment sales target in 2017 as of November 2017 the company recorded a total sales of 3,467 units. In fact, the firm sets a target of 3,500... Read more
Kontan - Read 6 times
January 10 2018
Adhi Karya prepares Rp 10 trillion for capex
PT Adhi Karya Tbk (ADHI) prepares Rp 10.2 trillion for this year’s capital expenditure (capex), twice bigger than last year’s allocation that valued Rp 3.5 trillion. The firm will spend Rp 2 trill... Read more
Kontan - Read 6 times
January 10 2018
PP Energi eyes Rp 3 trillion
A unit of PT Pembangunan Perumahan Tbk (PTPP), PT PP Energi sees Rp1.5 trillion-Rp3 trillion of fund through initial public offering (IPO) in first semester of this year by releasing 30%-35% of its sh... Read more
Bisnis Indonesia - Read 6 times
January 09 2018
Total still wants slice of Mahakan pie
France’s Total E&P Indonesie has submitted a proposal to state-owned energy giant PT Pertamina to obtain a stake in the gas-rich Mahakam block for a period of three years. Pertamina, through its sub... Read more
The Jakarta Post - Read 8 times
January 09 2018
AKR Corporindo to build 350 gas stations in next decade
Following its government appointment to distribute fuel for five years, PT AKR Corporindo Tbk plans to establish 350 gas stations in the next 10 years in cooperation with BP. AKR Corporindo president... Read more
The Jakarta Post - Read 9 times
January 09 2018
Central government supports $26b LRT project
Transportation Minister Budi Karya Sumadi has expressed support for a proposal from PT Ratu Prabu Energi Tbk to develop a 200-kilometer light rapid transit (LRT) project with a US$200 billion investm... Read more
The Jakarta Post - Read 9 times
January 09 2018
Pertamina needs up to $70m to support national single-price fuel scheme
PT Pertamina needs to spend around Rp 800 billion to Rp 1 trillion ($70 million) this year to support the government's single-price fuel scheme in 54 of the country's most remote areas. The administra... Read more
The Jakarta Globe - Read 9 times
January 09 2018
PLN to issue $2 billion komodo bonds in 2018
PT PLN is preparing to issue rupiah-denominated global bonds to raise $2 billion for financing the country's power development, its president director said. The government has been pushing state-con... Read more
The Jakarta Globe - Read 8 times
January 09 2018
Inka to build factory to produce high speed trains
The state-owned rolling stock manufacturing company PT Industri Kereta Api (Inka) said it hopes to build a new factory in Banyuwangi to produce high speed trains this year. The present market developm... Read more
The Jakarta Globe - Read 6 times
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