News & Event


March 24 2017
State mining companies ready to take over Freeport
The government has started consolidating state mining companies to take over the majority stakes in gold and copper miner PT Freeport Indonesia by 2019, while waiting for the House of Representativesâ... Read more
The Jakarta Post - Read 0 times
March 24 2017
PLN still negotiating with Sugar Group Company over Lampung transmission project
Discussions between state-owned electricity company PLN and the Sugar Group Company regarding electricity transmission in Lampung have reached a significant milestone after the latter agreed to allow ... Read more
The Jakarta Post - Read 0 times
March 24 2017
Sritex raises $150 million from global bonds issuance
PT Sri Rejeki Isman Tbk or Sritex raised US$150 million from a recent senior note global bonds issuance that was six times oversubscribed. "We did not upscale the amount although it was six times over... Read more
The Jakarta Post - Read 0 times
March 24 2017
Pertamina has new spokesperson
Pertamina has a new spokesperson after appointing Adiatma Sardjito as its new vice president of corporate communications, replacing Wianda Pusponegoro. His appointment follows the appointment of Elia... Read more
The Jakarta Post - Read 0 times
March 24 2017
Indofood posts almost 40% jump in 2016 profit
PT Indofood Sukses Makmur Tbk posted a nearly 40 percent increase in net profit in 2016. Net profit rose to Rp 4.14 trillion ($311 million) from Rp 2.97 trillion a year earlier, as revenue and profit ... Read more
The Jakarta Globe - Read 0 times
March 24 2017
Sriwijaya Air plans new routes to boost passenger numbers
Sriwijaya Air and its subsidiary, Nam Air, will add new international and domestic routes this year in a bid to increase their total passenger numbers by more than a third. The two airlines expect to... Read more
The Jakarta Globe - Read 0 times
March 24 2017
Garuda Indonesia expects to bounce back after plunging into the red in 2016
PT Garuda Indonesia Tbk will rely on route expansions and cost-cutting this year to reverse its financial performance, targeting a revenue increase of up to 12 percent after a slump in profit in 2016.... Read more
The Jakarta Globe - Read 0 times
March 24 2017
Pertamina rehabilitates 104 illegal oil wells
PT Pertamina EP acting executive director Nanang Abdul Manaf said that his company has set a target to address illegal oil wells in April. “We have set a target in April to address illegal oil wells... Read more
Tempo - Read 0 times
March 23 2017
Unilever to see room for growth after 2016 upturn
After a windy 2015, PT Unilever Indonesia Tbk started to get back on its feet lasty ear with an improved financial performance. The company saw its net profit climb by 9.2 percent last year to Rp 6.39... Read more
The Jakarta Post - Read 4 times
March 23 2017
Antam aims to export 6 million tons of low-grade nickel
PT Aneka Tambang Tbk (Antam) expects to export 6 million tons of low-grade nickel a year after submitting a proposal to the Energy and Mineral Resources Ministry to obtain the necessary export permit.... Read more
The Jakarta Post - Read 3 times
To Top