Aug 13, 2015 | Industries, Law, Politics
Investigation into alleged corruption and money laundering related to the process of loading and unloading of goods (dwelling time) in the Priok Port continues. After raiding offices in the Ministry of Trade (Kemendag), the Jakarta Metropolitan Police are now...
Aug 13, 2015 | Industries, Market, News Group
State-owned gas distributor PT Perusahaan Gas Negara Tbk (PGAS) has committed to continue developing gas infrastructure projects as scheduled though crude oil price is on decline. Nation-wide, PGAS has built gas pipe infrastructure for more than 6100 km. Currently,...
Aug 13, 2015 | Industries, Market, Reviews
Minister of transportation Ignatius Jonan is scheduled to inaugurate the operation of Tanjung Kendal port in Kendal Regency, Central Java province next week. The port, built since 2004 with Rp645 billion, sits over 63 hectares of land. Port for commercial purposes,...
Aug 13, 2015 | Commodities, Industries
Global Energy Bali has finally commenced the operation of 426 MW coal-fired power plant called Celukan Bawang in Buleleng Regency, Bali Island this week. The power plant supplies almost 40% of power demand in the resort island. In this report: (1) Kupang gas-fired,...
Aug 12, 2015 | Commodities, Industries, Market
Out of so many nickel producing centres planned in the country, Morowali Industrial Park is probably the most successful one. Developed six years ago by China’s Decent Group and Indonesian Bintang8 Group, the industrial park has grown faster recently after the...
Aug 12, 2015 | Industries, Market, Reviews
Banteng Regency is located in South Sulawesi province. It is now one of the most aggressive regional governments in Indonesia, when it comes to promotion of investments. Late last month, Regent HM Nurdin Abdullah was in Tokyo, Japan to invite Japanese investors. He...
Aug 11, 2015 | Industries, Market
PT Citra Maharlika Tbk (CPGT), previously Cipaganti, incurred a net loss of Rp17 billion in the first half of 2015 with revenues falling 39% to Rp189 billion. Its assets also fell 15% to Rp624 billion and liability declined 16.7% to Rp462 billion. CPGT is the only...
Aug 11, 2015 | Industries, Market, Politics
A group of chief of editors from Indonesian publications reportedly visited Japan last week. They’re expected to send messages to Indonesians that Japan deserved the bullet train contract in Indonesia. Yesterday, a high-profile delegation from China submitted...
Aug 10, 2015 | Industries, News Group
The Government of the Capital City of Jakarta is set to continue the development of a waterway tunnel that will connect the Ciliwung river with the Eastern Flood Canal (BKT). The 1.27 km long tunnel is expected to reduce 60m3 per second of water volume in the Ciliwung...
Aug 10, 2015 | Industries, Politics
The Ministry of Transportation (Kemenhub) revoked the Air Operator Certificate (AOC) of six airlines that cannot meet the minimum aircraft ownership requirements mandated by the Law No. 1/2009 on Aviation. According to Art. 118 paragraph (2) of the Law on Aviation, a...
