Jun 16, 2015 | Industries, Politics
The discussion on the development of Light Rail Transit system for Jakarta has intensified in the past couple of days. It culminated with the member of the Jakarta Regional Representative Council (DPRD DKI), Mohamad Sanusi, telling the media that the LRT the project...
Jun 16, 2015 | Industries, Market, Politics
President Jokowi is determined to inject more funds from the State Budget 2016 into state companies to speed up development of his ambitious infrastructure projects, including the 35,000 MW power project, trans-Sumatra toll road, trans-Java toll road, airports,...
Jun 16, 2015 | Industries, Market, Reviews
Obi Island is a small island, part of North Maluku province, with 2542 KM2 of size. Still, this is more than three times the size of Singapore, right? Well, the island is known not only for its beauty. It is home to Harita Group and its partners from Singapore and...
Jun 15, 2015 | Industries, Market
With the global economy, and Indonesia’s economy, slowing down, it will be interesting to see corporations that are still able to maintain their expansion and growth in earnings. CP Prima will penetrate new market overseas. PT Adhi Karya Tbk (ADHI), telco...
Jun 15, 2015 | Industries, Market, Reviews
Ajinomoto Co Inc, which is already market leader in Indonesia’s food seasoning market, has just decided to enter the bread market in the country. Next month, Ajinomoto will establish PT Ajinomoto Bakery Indonesia, which will develop, manufacture, and market...
Jun 15, 2015 | Industries, Market, Politics
After almost three months of back-and-forth process with the House of Representatives (DPR), President Joko ‘Jokowi’ Widodo has last week signed three government regulations to implement the capital injection into state-owned construction firms Adhi Karya...
Jun 15, 2015 | Industries, Market, Reviews
Economic slowdown hit both car and motorcycle sales. We all know about that. But, PT Nipress Tbk, producer of battery for both cars and motorcycles, is one of few companies reporting double digit growth in the first quarter of 2015. Its sales revenue and gross profit...
Jun 13, 2015 | Industries, Market, Reviews
President Joko ‘Jokowi’ Widodo spent two whole days on Friday and Saturday to deal with toll roads and sea toll projects in Java and Sumatra. He officially kicked off operation of Gempol-Pandaan toll road in East Java on Friday and Cikampek-Palimanan in...
Jun 13, 2015 | Industries, Market, Reviews
State-owned ammonia and urea producer PT Pupuk Kaltim is scheduled to conduct demonstration and performance test for its new factory, built with US$638 million of investments, later this month until second week of July. The new plant, called Kaltim-5, will produce...
Jun 12, 2015 | Industries, Reviews
State-owned toll road developer and operator PT Jasa Marga (JSMR) Tbk has completed acquisition of 60% shares in two companies holding concessions for the 177-KM toll road connecting Solo and Kertosono as part of the trans-Java toll road. JSMR has on June 10, 2015...
