Sep 29, 2015 | Industries, Market, Reviews
Domestic cement consumption is set to grow further by 6% y-o-y in September as infrastructure and public housing projects have gained traction, said Widodo Santoso, chairman of Indonesian Cement Association (ASI), Monday after a meeting with President Joko...
Sep 28, 2015 | Commodities, Industries, Market, Reviews
Oil and gas supporting services company PT Apexindo Pratama Duta (APEX) Tbk is one of few companies reporting positive results in the first half of 2015. While APEX received US$27 million in insurance compensation against US$27 million losses in the same period of...
Sep 28, 2015 | Industries, News Group, Politics
The Indonesian Palm Oil Association (Gapki) reacted to the media coverage on the forest blaze in Kalimantan and Sumatera. Gapki representatives addressed journalists in a press conference, saying that the heavy emphasis put on corporate errors had led to a fatal...
Sep 25, 2015 | Industries, News Group
Construction of the Jakarta Mass Rapid Transit (MRT) terminal, and depot are underway. We’ve also reported the commencement of the drilling work for the underground section of the MRT south-central line. Today, we want to talk about what is arguably the most...
Sep 25, 2015 | Industries, Law, News Group, Politics
Indonesian authorities continue to investigate instances of forest fires in the island of Sumatera and Kalimantan. The police have named ten corporate suspects and hundreds of individual suspects. Out of the ten corporate suspects, one is currently being prosecuted....
Sep 25, 2015 | Industries, Market, Reviews
Caustic soda and PVC producer PT Asahimas Chemical (ASC) has mulled a major expansion of its facilities in Indonesia with total investment of US$800 million. This could be the largest investment plan in chemical industry in the past few years. Takuya Shimamura, CEO...
Sep 22, 2015 | Industries, News Group
Three State-Owned Enterprises (SOEs) stand ready to benefit from PT Freeport Indonesia’s new contract of work that is still being negotiated with the Central Government. Freeport Indonesia’s President Director Maroef Sjamsuddin told the press that the...
Sep 22, 2015 | Industries, News Group
Yesterday (Monday, Sep. 21), President Joko “Jokowi” Widodo officially kicked off the drilling work for the underground section of the Jakarta Mass Rapid Transit (MRT) south-central line. Drilling starts from the Senayan roundabout switch point, and will continue...
Sep 22, 2015 | Industries, Market, News Group
The government of Indonesia has decided to revised down its economic growth target for 2016 to 5.3% from 5.5% on the budget draft for next year. Finance Minister Bambang Brodjonegoro told the press that the revision reflected a more realistic outlook given the current...
Sep 22, 2015 | Industries, Market, Reviews
Ministry of transportation believes construction of three out of 15 new airports planned by President Jokowi to be built in five years time will be completed this year. These are small airports outside Java built to boost connectivity, especially in the eastern part...
