Category: News Group

ICT retailer Erajaya Swasembada (ERAA) will be more expansive this year in adding new stores, targeting 330 new shops, compared to 220 shops in 2018. It has on June 17, 2019 obtained loan payment extension and additional loan...

Garment and textile producer Sri Rejeki Isman (SRIL) focuses in normalizing its production capacity, accelerating it, also production efficiency, part of strategy for boosting its earning performance. After acquiring two textile...

State construction firm PT PP (PTPP) will accelerate investment process for projects pipeline in the infrastructure sector such as toll road, dam, port, and airport. For engineering, procurement, and construction (EPC) remain...

State-owned power producer, PT Perusahaan Listrik Negara (PLN) announced that it had issued global bonds worth US$1.4 billion on July 10. The funds is used to construct of additional generating, transmission and distribution...

Indonesia and Turkey agreed to finalize the Indonesia-Turkey Comprehensive Economic Partnership Agreement (IT-CEPA) negotiations this year, which is expected to overcome obstacles and encourage increased trade performance of the...

Indonesia’s external debt experienced slower growth with a healthy structure as of end-May 2019. Indonesia’s external debt at the end of May 2019 was recorded at US$386.1 billion, consisted of government and central...

The initial round of tariffs imposed by the US government on China imports earlier this year has started to make significant and demonstrable impacts on global trade, according to analysis released by PwC last week. The July...

Indonesia’s trade surplus narrowed sharply to US$0.20 billion in June 2019 from a US$1.71 billion in the same month a year earlier. Exports fell 8.98% year-on-year to US$11.78 billion while imports rose 2.80% to US$11.59...

The Chinese economy advanced 6.2% in Q2, slowing from a 6.4% expansion in Q1 and matching market expectations. It was the slowest GDP growth rate since Q1 1992, amid ongoing trade tensions with the US, weakening global demand...

The Finance Ministry signed an agreement with 29 toll road business entities, 36 toll road sections and 35 memoranda of understanding with a total value of Rp13.1 trillion for 2019. State assets management entity (LMAN) said the...

Government plans to build its longest sea bridge next year to connect two islands in the Malacca Strait, near Singapore, as part of efforts to develop industry and tourism in the area, the country’s cabinet secretariat said in a...

The House of Representatives (DPR) has on Thursday (July 11) appointed Destry Damayanti as Senior Deputy Governor of Bank Indonesia. Damayanti is the sole candidate for the senior BI deputy governor that President Joko Widodo...