Dec 29, 2015 | Industries, Market, Profiles
Starbucks (Nasdaq:SBUX) has become a staple for big cities. It’s brand color green is already well known that people wouldn’t mind using a similar green to label their brand of coffee. Starbucks’ Indonesian competitor named Maxx Coffee uses a...
Dec 29, 2015 | Commodities, Industries, Market, Reviews
SGX-listed BlackGold Natural Resources Limited, through its subsidiary PT Samanaka Batubara, has entered into a consortium agreement with China Huadian Engineering Co Ltd for the development of a 2×300 MW mine-mouth power plant in Riau province, Indonesia....
Dec 29, 2015 | Industries, Market, Reviews
Pretty much as predicted, PT SmartFren Tbk, the struggling CDMA operator controlled by Sinarmas Group, has just received new loan facilities of US$100 million from BVI-based Cascade Gold Limited to refinance its existing debentures and funding the working capital....
Dec 28, 2015 | Industries, Market, Reviews
PT Visi Media Asia (VIVA) Tbk, parent company of TVOne and ANTV, booked net loss of Rp546.8 billion in Jan-Sep 2015, ballooned from Rp246 billion in the first half. That means VIVA recorded net loss of Rp300 billion in the third quarter alone. What’s up? Bigger...
Dec 28, 2015 | Commodities, Industries, Market, Reviews
China Shenhua Energy Co Ltd, one of the world’s largest integrated energy companies, has received a notice from PT Perusahaan Listrik Negara (PLN) that Shenhua’s consortium won the giant Jawa-7 coal-fired power plant (CFPP) project (2×1000 MW) in...
Dec 27, 2015 | Industries, Market
Physical construction of Raknamo Dam in East Nusa Tenggara province has reached 37% and on schedule for completion in 2017. Construction of Rotiklot Dam, also in East Nusa Tenggara province, meanwhile, is slated to start tomorrow as part of President Joko...
Dec 27, 2015 | Industries, Market
PT CSM Corporatama, an indirect subsidiary of PT Indomobil Sukses International (IMAS) Tbk, has established a new joint venture named PT Seino Indomobil Logistics (SIL) in partnership with Japanese logistic giant Seino Holdings Co Ltd. PT SIL, established on December...
Dec 27, 2015 | Industries, Market
President Joko ‘Jokowi’ Widodo has on Sunday (Dec 27) morning inaugurated the new and modern terminal for Komodo Airport in Labuan Bajo, western tip of Flores Island. This is an important step to elevate its status to an international airport. The new...
Dec 24, 2015 | Industries, Market, Reviews
CVC Capital Partners announced Wednesday (Dec 23) that funds advised by CVC Capital Partners have taken a significant minority stake in PT Softex Indonesia, one of leading consumer goods companies in Indonesia. This is CVC’s fourth investment in Indonesia after...
Dec 24, 2015 | Industries, Market, Reviews
PT Elangperdana Tyre Industry (EP Tyre) is a medium tire manufacturer with facilities in Citeureup, Bogor, West Java province and annual production capacity of 4.2 million units. Looks like that the Company is on its way to become a more influential player in the...
