May 22, 2015 | Industries
PT Krakatau Steel (Persero) Tbk (KRAS) and PT Bakrie Pipe Industries are competing for the procurement of steel pipes in PT Chevron Pacific Indonesia (CPI). The auction in question is hosted by CPI Rumbai, and is a general procurement of pipes, hoses, valves, and...
May 22, 2015 | Industries, Reviews
Vice President Jusuf Kalla has on Monday (May 18) kicked off expansion of Syamsuddin Noor airport in Banjarmasin, South Kalimantan. Expansion of the airport, operated by state-owned port management company PT Angkasa Pura I, will boost handling capacity from 3.5...
May 22, 2015 | Industries, Market
Unlike many companies, which suffered from weak sales and profitability in the first quarter of 2015, PT TPS Food (AISA) Tbk posted strong sales revenue growth of 39% and net profit growth of 26% in the period, thanks to almost 57% jump in revenues from rice mills. ...
May 21, 2015 | Industries
If you happen to live in Jakarta, you might have noticed motorcyclists driving about wearing bright green and black jacket, their helmet pastel green with white drawing of a motorcycle. They are the Go-Jek riders, the provider of motorcycle taxi (ojek) service in...
May 21, 2015 | Industries, Politics
We have all been intrigued by the policies and performance of the Minister of State Owned Enterprises (BUMN) Rini Soemarno. Her most recent move requiring construction BUMNs to use the products PT Krakatau Steel is yet another demonstration of the government’s...
May 21, 2015 | Industries, Market
Sarana Menara (TOWR), operator of telecommunication towers controlled by Djarum Group, booked net profit of Rp169 billion in the first quarter of 2015, collapsed 62.5% from the corresponding period of 2014 on foreign exchange losses. Sarana Menara actually reported...
May 20, 2015 | Industries, Reviews
PT Krakatau Osaka Steel, a joint venture between state steel giant Krakatau Steel (KRAS) and Japan’s Osaka Steel Co Ltd, has on Tuesday (May 19) kicked off construction of 500,000 tons per annum steel factory in Cilegon, Banten Province, about one month after...
May 20, 2015 | Industries, Reviews
President Jokowi is scheduled to kick off construction of Makassar New Port in South Sulawesi today as part of his ‘sea toll’ program. State-owned port management company Pelindo IV has secured Rp3 trillion of funding from state bank Mandiri (BMRI) for the...
May 20, 2015 | Industries
Asian food are known for its rich blend of spices. The cardamon in Indian curry, kaffir lime leaves in Thai tom yum Soup, and galangal and turmeric in Indonesian beef rendang. It’s easy to find these exotic spices in and around Asia where they grow in abundance,...
May 20, 2015 | Industries, Reviews
Minister of state-owned enterprises Rini Mariani Soemarno responded President Joko ‘Jokowi’ Widodo’s demand for consolidation of state companies with similar business with a statement that holding company for state owned port management companies...
