News & Event


November 27 2019
KEJU, PSGO make strong debut on local stock market
Cheese manufacturer PT Mulia Boga Raya Tbk (KEJU) and palm oil producer PT Palma Serasih (PSGO) received a strong response from investors when the two companies listed their shares on the stock market... Read more
The Jakarta Post - Read 0 times
November 27 2019
Japan-based diaper producer to launch Indonesia’s biggest IPO this year
PT Uni-Charm Indonesia, the local arm of a Japan-based diaper and feminine-care firm, Unicharm, plans to soon launch Indonesia’s largest initial public offering (IPO) to raise funds to pay debts and... Read more
The Jakarta Post - Read 0 times
November 27 2019
Pertamina to allocate almost $8 billion for capex in 2020
PT Pertamina intends to invest about US$7.8 billion for business development, most of which is to go into the upstream sector next year. Pertamina president director Nicke Widyawati said that “the l... Read more
The Jakarta Post - Read 10 times
November 27 2019
Hyundai announces $1.55b investment in Indonesian electric vehicle plant
South Korean automotive giant Hyundai Motor Company has announced a $1.55 billion investment plan to develop electric vehicles in Indonesia over the next decade. Hyundai made the announcement when P... Read more
The Jakarta Globe - Read 8 times
November 27 2019
Pertamina to triple oil import from the US next year
PT Pertamina is seeking to triple its crude oil import from the United States next year, taking advantage of the competitive price of US oil to meet baseload demand of its refinery in Cilacap, We... Read more
The Jakarta Globe - Read 8 times
November 27 2019
Pindad signs MOU with South Africa's Paramount Group to develop armored vehicles
PT Pindad has signed a memorandum of understanding with South Africa's defense contractor Paramount Group to develop and market locally-made armored vehicles for the Indonesian Military, or TNI. The... Read more
The Jakarta Globe - Read 10 times
November 27 2019
Jet fuel hike triggers year-end airfare surge
Transportation Minister Budi Karya Sumadi is lobbying the State-Owned Enterprises Ministry and Pertamina to reduce the price of jet fuel that he considered too high, triggering a surge in flight rates... Read more
Tempo - Read 5 times
November 27 2019
Yogyakarta Airport construction targeted for completion in December
PT Angkasa Pura I is targeting to complete the work to construct Yogyakarta International Airport (YIA) by this December. "We are yet targeting to fully complete the construction project of YIA in Dec... Read more
Antaranews - Read 3 times
November 25 2019
Dutch and Chinese operators to help expand Kuala Tanjung port
PT Pelabuhan Indonesia I (Pelindo I) will team up with two major world port operators from China and Europe to accelerate the development of Kuala Tanjung Port in Batubara regency, North Sumatra. Peli... Read more
The Jakarta Post - Read 14 times
November 25 2019
IPC to digitize all ports next year as Tanjung Priok dwell time drops
State-owned Indonesia Port Corporation (IPC) aims to go digital at all ports it operates next year, after significantly cutting dwell times at Indonesia’s largest and most crowded port, Tanjung Prio... Read more
The Jakarta Post - Read 15 times
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