Aug 24, 2015 | Industries, Market, Reviews
Financial market might continue to be affected by global rout in stocks and commodities, but some companies are determined to proceed with their major projects in Indonesia. Over the weekend, minister of industry Saleh Husin paid another visit to Morowali Industrial...
Aug 23, 2015 | Industries, Market, Reviews
Took a decade or probably more for us to see completion of Jakarta Outer Ring Road (JORR), easing transportation of trucks between industrial areas in Bekasi, Cikarang, and Cikampek in West Java province and Tangerang in Banten province further to Sumatra Island....
Aug 22, 2015 | Industries, Reviews
The trans-Sulawesi railway is happening! ??? Local government officers were upbeat seen inaugurating field installation of railway tracks for the Makassar-Pare Pare route (145 KM). Some companies have secured contracts for the project. Really? PT Wika Beton (WTON)...
Aug 22, 2015 | Industries, Market, Reviews
State-owned airport management company PT Angkasa Pura II has completed construction of first phase of Supadio international airport in Pontianak, West Kalimantan province. The Company has also started construction of the second phase. Supadio airport currently has...
Aug 21, 2015 | Commodities, Industries, Market
The Government has decided to appoint state-owned oil and gas company Pertamina as operator of the troubled aromatic centre of PT Trans Pacific Petrochemical Indotama (TPPI) in Tuban, East Java. Operation of the petrochemical centre, which also has refinery unit, will...
Aug 21, 2015 | Industries, Market, Reviews
It was a very hot day, dusts flying from construction site, when we met Wendy, officer from PT Citra Waspphutowa, developer of Depok-Antasari toll road, which is majority controlled by PT Citra Marga Nusaphala Persada (CMNP). Standing nearby the fly-over pillars of...
Aug 21, 2015 | Commodities, Industries, Reviews
China Oceanwide Holdings Ltd, a company listed on HKSE, plans to restructure its ownership in Indonesian power plant project. Under the internal restructuring, China Oceanwide Power Investment I Limited acquires 60% shares in the coal-fired power plant project for...
Aug 21, 2015 | Industries, Market, Reviews
World Steel Association reported crude steel production of 65 countries reached 133 million tons in July 2015, down 3.8% from the same month of 2014, mainly due to 4.6% fall of output in China, which produces half of the world’s steel. China, however, is not the...
Aug 20, 2015 | Industries, Market
Citra Marga Nusaphala Persada (CMNP) is one of companies actively developing new toll roads in Indonesia. It has recently been awarded the Pasir Kodja-Soreang concession. The Company has also progressed with the long-delayed Depok-Antasari toll road project. On...
Aug 20, 2015 | Industries
While the whole country discussing controversial statement from coordinating minister for maritime affairs Rizal Ramli, president Joko ‘Jokowi’ Widodo witnessed the signing of power purchase agreement (PPA) between PT Perusahaan Listrik Negara (PLN) and...
