Oct 13, 2016 | Law, Market
Juniver Girsang & Partners, attorney of Lek Chui Eng, Ms Lynn Hermijanto, and Ms Stacey Hermijanto, issued half-page announcement Thursday (Oct 13) to rebuff claims by client of Rudy Lontoh & Partners published earlier on Wednesday regarding the inheritance of...
Oct 13, 2016 | Commodities, Market, Reviews
Apexindo Pratama (APEX), an oil and gas supporting services company, suffered net loss of US$7.35 million in the first half of 2016 as sales revenues collapsed 51.2% to US$71.3 million. Elnusa (ELSA), another supporting services company, on the other hand, booked net...
Oct 13, 2016 | Industries, Market
Japanese companies continue to expand their businesses in Indonesia. Few months back, Mitsui & Co Ltd and Fujimori Kogyo acquired majority shares in PT Champion Pacific Indonesia Tbk (IGAR), a manufacturer of flexible packaging materials, with focus on...
Oct 13, 2016 | Industries, Market
Government spending in the first nine months of 2016 reached Rp767.7 trillion or 58.7% from full year target. Minister of finance Sri Mulyani Indrawati said spending by ministries/central government agencies reached Rp428.6 trillion or 55.8% from target, significantly...
Oct 13, 2016 | Industries, Market
Development of Bakeuheni-Terbanggi Besar toll road (141 KM) in southern part of Sumatra Island is one of signature projects of Jokowi-Kalla administration under the trans-Sumatra toll road program. Unlike the previous administration, Jokowi-Kalla pushed physical...
