News & Event


October 05 2022
Jamkrindo, Askrindo under pressure amid soaring microloan defaults
Two state-run credit-guarantee insurer companies are running short on capital needed to service claims on defaults under the microcredit program (KUR), risking their ability to provide future loan gua... Read more
The Jakarta Post
October 05 2022
Garuda Indonesia reopens Makassar-Denpasar flights
Garuda Indonesia has reopened flights between Makassar and Denpasar. The state airliner will have three roundtrip flights between the two cities per week every Wednesday, Friday and Sunday starting Oc... Read more
Tempo
October 05 2022
Indocement (INTP) to sell 10 million tons of cement until August 2022
Cement sales of PT Indocement Tunggal Prakarsa Tbk (INTP) starts to recover. In August 2022, INTP reported sales of around 1.6 million tons. This figure is approximately 12% higher than the previous m... Read more
Kontan
October 05 2022
Waskita Beton (WSBP) eyes new contracts of up to Rp 3.5 trillion by the end of 2022
PT Waskita Beton Precast Tbk (WSBP) targets new contracts in the range of Rp 2.5 trillion to Rp 3.5 trillion in 2022. During this year, WSBP has budgeted capital expenditure of Rp 30 billion to Rp 40 ... Read more
Kontan
October 05 2022
Centratama (CENT) acquires 396 towers totaled Rp 1.17 trillion
PT Centratama Telekomunikasi Indonesia Tbk (CENT), through its subsidiary PT Centratama Menara Indonesia (CMI), acquired 396 towers and leased one tower from PT Anugerah Communication. CENT said that ... Read more
Bisnis Indonesia
October 05 2022
Diamond Food (DMND) prepares Rp 350 billion capex to expand factory in Cikarang
PT Diamond Food Indonesia Tbk (DMND) allocated capital expenditure (capex) of Rp 350 billion in 2022. DMND Director Richard Johannes Purwadi said that Rp 100 billion was used to complete projects that... Read more
Bisnis Indonesia
September 30 2022
INA seals ‘good deal’ in OTA business with US$300m funding for Traveloka
Indonesia Investment Authority’s involvement in a US$300 million funding to Traveloka is believed to be a good deal as it will help the sovereign wealth fund, seeing as how the unicorn is a leading ... Read more
The Jakarta Post
September 30 2022
Jakarta wants MRT to acquire KCI as instructed by Jokowi
Syafrin Liputo, head of Jakarta's Transportation Agency, said that MRT Jakarta's plan to acquire the shares of PT Kereta Commuter Indonesia (KCI) was mandated during a limited meeting chaired by Presi... Read more
Tempo
September 30 2022
Jakarta wants MRT to acquire KCI as instructed by Jokowi
Syafrin Liputo, head of Jakarta's Transportation Agency, said that MRT Jakarta's plan to acquire the shares of PT Kereta Commuter Indonesia (KCI) was mandated during a limited meeting chaired by Presi... Read more
Tempo
September 30 2022
Bio Farma to produce 20 mln IndoVac doses after EUA clearance
PT Bio Farma has decided to produce 20 million doses of the IndoVac COVID-19 vaccine after obtaining emergency-use authorization (EUA) from the National Agency of Drug and Food Control (BPOM). Preside... Read more
Antaranews
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