Ignoring the suggestion of the House of Representatives (DPR) Commission I, the Military (TNI) Commander General Gatot Nurmantyo launched another round of job rotation in the TN,I affecting tens of high-ranking officers and territorial commanders.
Read MoreThe rupiah strengthened to Rp13,515 against the U.S. dollar on Tuesday, rebounded from corrections earlier fews days. The dollar have appreciated over global currencies amid concern over the U.S. tax bill. But yesterday many Asian currencies regained, including the rupiah.
Read MoreGlobal markets closed in red on Tuesday (Dec 5) with the U.S. market (Wall Street) pulling back in the day as a technology stock rebound lost steam and enthusiasm from a tax-cut proposal waned, while copper prices fell steeply to their lowest point in two months.
Read MoreBaltic Dry Index (BDI), gauge for international transportation of dry bulk materials, including coal, has just touched its new high at 1,666 yesterday. That means the index already gained 317% since April 2016. This is also the highest level since late 2013. Yet, most coal transporters in Indonesia were still in red zone this year.
Read MorePresident Joko ‘Jokowi’ Widodo is scheduled to inaugurate commercial operation of Sepanjang-Krian section (15.5 KM) of Surabaya-Mojokerto toll road this weekend. This will be a boost to Jasa Marga (JSMR), which already operated 22.2 KM sections of the toll road, and prospect of the whole trans-Java toll road.
Read MoreAfter Nishitetsu Group’s partnership with Damai Putra Group, Japan’s major business group Sumitomo Corporation announced a partnership with Sentul City (BKSL) for the development of three condominium towers in Sentul City, Bogor Regency, West Java province today.
Read MoreFinancing firm Adira Dinamika Multi Finance (ADMF), subsidiary of Bank Danamon (BDMN), will also offers bond worth Rp1.3 trillion and Islamic bonds (sukuk) worth Rp200 billion on Wednesday (Dec 6) to Dec 7 this week. The bonds...
Read MoreState toll road operator Jasa Marga (JSMR) issued rupiah global bonds (Komodo Bonds) worth Rp4 trillion. The bond has tenor of three years and offering annual coupon rates of 7.5%. The Company has conducted road show for its...
Read MoreState coal miner Bukit Asama (PTBA) will add investment for its coal gasification project which providing more valued-added benefit compared to coal business. PTBA seeks partners from China and Europe having technology for coal...
Read MoreRecreation park opertor Pembangunan Jaya Ancol (PJAA) also bagged loan of Rp200 billion from Bank Mandiri (BMRI), to fund its working capital. The loan facility agreement was signed in Nov 30, 2017. PJAA will use this loan to...
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