Japan Bank for International Cooperation (JBIC), Nippon Export and Investment Insurance (NEXI), and BNP Paribas (Japan) have on Monday (Dec 17) signed loan facilities to finance construction of new polyethylene (PE) resin plant in Banten province. In the meantime, Bank Central Asia (BBCA) provided Rp1.23 trillion of loan facilities to subsidiaries of PT Dharma Satya Nusantara Tbk (DSNG).
Read MoreShares of coal producers listed on Indonesia Stock Exchange (IDX) ended mostly lower to tracking the broad market. Adaro Energy (ADRO), for example, ended at Rp1280 to make market capitalization of Rp40.94 trillion only, way below Bukit Asam (PTBA) and Bayan Resources (BYAN).
Read MoreIndonesia recorded trade deficit of US$2.05 billion last month, mainly due to huge US$1.47 billion deficit in oil and gas sector. High deficit in oil and gas was attributable to substantially higher import volume of fuel ahead of long holidays this month and early January 2019. Market participants responded negatively with 1.22% fall of composite index of Indonesia Stock Exchange (IDX) Monday (Dec 17).
Read MoreOn Friday (Dec. 14), the Gerindra Party’s official Youtube account GerindraTV published a campaign video of presidential candidate Prabowo Subianto and his running mate Sandiaga Uno (Prabowo-Sandi). The video targets young Indonesian graduates struggling with unemployment.
Read MorePT Medco Power Indonesia (MPI), engaged in the power sector, will increase power supply up to 275 megawatt in Riau. Its unit, PT Medco Ratch Power Riau has appointed Lotte Engineering & Construction as an engineering,...
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