Category: News Group

Thomas Lembong, Chairman of Coordinating Investment Board (BKPM), urged United State’s social networking giant Facebook Inc. to set up local entity, called as Over The Top (OTT) entity, then the Government of Indonesia could get...

Lippo Malls Indonesia Retail Trust (LMIRT) has acquired Lippo Plaza Kendari. Then, now LMIRT Trust’s portfolio comprises 21 high-quality retail malls and seven major retail spaces located within other malls in Indonesia....

Mark Dynamics Indonesia, the premium hand former manufacturer, has set its IPO price at 250 per share, to raise Rp40 billion proceeds. It will offer 160 million shares, representing 21.05% of its total issued and paid-up...

Indonesia expectedly exported 122,000 units of completely built-up (CBU) car during the first half (H1) of 2017, grew by 30% compared to the same period of last year. During 2016, Indonesia’s car export (wholesale) reached...

The central bank (Bank Indonesia/BI) expects Indonesia’s gross domestic product (GDP) growth in the second quarter (Q2) of 2017 to be not as high as prediction because there has been a correction in Indonesia’s...

The Indonesian government may soon revise its negative investment list to attract more foreign investment into Indonesia. The government is specifically seeking to allow bigger foreign stakes in the management of airports across...

SGX-listed DMX Technologies Group Limited said its direct wholly-owned subsidiary DMX (BVI) Ltd has on June 20, 2017 entered into a conditional sale and purchase agreement with Logicalis Singapore Pte Ltd and PT Metrodata...

State electricity firm Perusahaan Listrik Negara (PLN) has on Tuesday (June 20) launched the groundbreaking for Tulehu geothermal power plant (PLTP) with capacity of 2×10 MW located in Suli and Tulehu, Central Maluku...

Based on statements of officials at Indonesia’s Trade Ministry, the USA started its investigation into the trade deficits the USA has with 16 countries, including Indonesia. Two months ago US President Donald Trump ordered this...

Shares of PT Armidian Karyautama (ARMY), engages in construction, services, and trade, gained 50% to Rp450 per share in its trading debut this morning. It offered 1.64 billion shares to public, priced at Rp300, raising proceeds...

Shares of PT MAP Boga Adiperkasa (MAPB) gained 50% to Rp2525 per share in its trading debut this morning. But the traded shares volume is very thin. The Company offered 22.17 million shares, priced at Rp1680 per share, raising...

Investors focused buying shares of new listed firms this morning. Shares of PT Integra Indocabinet (WOOD) became the most actively traded, followed by Hartadinata Abadi (HRTA). WOOD gained 14.62% to Rp298 per share in its...