Aug 10, 2015 | Industries, Market, Reviews
Despite complaints about slowdown of the economy, major companies listed on Indonesia Stock Exchange (IDX) plus state-owned electricity firm PT Perusahaan Listrik Negara (PLN) Tbk reported 15% growth in their capital expenditures in the first half of 2015. According...
Aug 10, 2015 | Industries, Market, Reviews
Foreign direct investment (FDI) in the first quarter of 2015 was weak, according to data from Bank Indonesia. It is not a surprise. This week, the central bank will release the balance of payment data for the second quarter. Let’s see whether claims from the...
Aug 8, 2015 | Industries, Market, Reviews
PT HM Sampoerna Tbk (HMSP) generated net profit of Rp5.01 trillion in the first half of 2015 or around US$383 million, slipped 0.4% from the same period of 2014, while sales revenue grew 11.9% to Rp43.74 trillion. HMSP, the largest company on IDX by market cap (US$28...
Aug 7, 2015 | Industries, News Group
The Decree of the Minister of Energy and Mineral Resources (ESDM) No. 0074.K/21/MEM/2015 specifies 109 projects under the 35,000 MW power generation program. Out of the 109, 74 projects for 25.904 MW are prepared for the private developers scheme (Independent Power...
Aug 7, 2015 | Industries, News Group
The government’s highway projects include the Trans Sumatra toll, non-Trans Sumatra, Trans Java toll, Jakarta-Bogor-Depok-Tangerang-Bekasi (Jabodetabek) toll, non-Trans Java toll, non-Jabodetabek toll, and other toll road projects in the the island of Kalimantan...
Aug 7, 2015 | Industries, Market
PT Bank Mandiri Tbk (BMRI) provides a loan facility of Rp1 trillion for PT Sumber Alfaria Trijaya Tbk (AMRT), which operates retail networks such as Alfamart, Alfamidi, Alfa Express, and Lawson in Indonesia. AMRT has previously raised Rp1.54 trillion from selling 2.91...
Aug 7, 2015 | Industries, Reviews
International media reported early this week that Wuhan Iron & Steel Heavy Industry Group Co, a subsidiary of WISCO, has entered into a strategic agreement with Fuhai Group to tap the growing Indonesia market for iron and steel. How serious? WISCO Heavy and Fuhai...
Aug 6, 2015 | Industries, Market, Reviews
Peter Sondakh’s Rajawali Group is divesting shares in PT Nusantara Infrastructure (META) Tbk, a company with total assets of Rp4.3 trillion and net profit of Rp70 billion in the first half of 2015. META was among the bright spots of first half as its net profit...
Aug 6, 2015 | Industries, Reviews
Jokowi means business! Field construction of Solo-Ngawi-Kertosono toll road project (177 KM) under the trans-Java toll road program starts this month after state-owned toll road operator Jasa Marga (JSMR) completing EPC tender. Jokowi has also issued Regulation No....
