After two years of physical construction, the Kuala Tanjung port in North Sumatra is scheduled for commercial operation in the second half of 2017. President Joko ‘Jokowi’ Widodo, said he would inaugurate the port, a new international hub for Indonesia, later this year.
Read MorePT Sarana Menara Nusantara (TOWR) Tbk, telecommunication tower company owned by Djarum Group, booked net profit of Rp3.04 trillion last year, inched up 2.7% from 2015 due to smaller increase in fair value of investment properties and significant growth of depreciation and amortization costs.
Read MoreUnited Tractors (UNTR), market leader in construction machinery business, sold 2181 units of Komatsu machinery last year, increased slightly by 2.7% from 2015, thanks to strong demand from construction industry and improved demand from mining sector in the second half of 2016.
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