Emtek’s E-Commerce Drive

Emtek’s E-Commerce Drive

Elang Mahkota Teknologi (EMTK), a company with market cap of more than US$3.5 billion, continues to invest online and e-commerce industry. While selling 14.8% shares in Thailand communication company Plan B Media Public Co, Emtek has recently acquired interest in...

Port Business in Indonesia: How Profitable?

State-owned port management company PT Pelindo III is the first state port raising funds from global bonds market. Last year, Pelindo III issued US$500 million 4.875% bonds due in 2024 with ANZ, Credit Suisse, and Standard Chartered Bank as joint lead managers. It...
Nursalim Intensifies Competition in Cement Business

Nursalim Intensifies Competition in Cement Business

Sjamsul Nursalim, owner of Gajah Tunggal Group, is known for his property businesses in Australia, Singapore, China, and Indonesia. Gajah Tunggal is also one of the world’s major players in tire manufacturing. But, very few are aware of the group’s cement business...

Nickel Smelters to Watch

More and more investors believe that Indonesian government will unlikely change its mineral ore export ban. Accordingly, we have seen more investments entering the mineral smelting facilities, especially in Sulawesi Island and Halmahera Island (North Maluku...

Sinoma Group & Indonesian Cement Projects

Tianjin Cement Industry Design & Research Institute Co Ltd, member of Sinoma Group, has been awarded an EPC contract from PT Semen Baturaja (SMBR) Tbk to build new cement plant Baturaja II in South Sumatra. The project strengthens Sinoma Group’s grips in...

Pelindo II, Hutchison, and Mitsui

The first terminal of Kalibaru Port, a joint venture between state-owned port management company Pelindo II and Mitsui Corp, is expected to start commercial operation in August or September 2015, slightly behind initial schedule.  “We’re waiting...
Sinohydro & Indonesian Ventures

Sinohydro & Indonesian Ventures

Sinohydro, Chinese giant in hydropower business, has recently been granted a contract to develop 2×55 MW Jatigede hydropower plant in West Java. This project strengthens Sinohydro’s presence in the country’s power generation business. Who are the...

Oil & Gas Journal No. 06/2015: Farm-In/Outs

Crude oil advanced 3% yesterday to make a total 10% gain in two trading days. Still, relatively weak prices has created greater uncertainty regarding farm-in and farm-out of oil and gas blocks in Indonesia in recent months. Pan Orient Energy Ltd, a Canadian company,...
Anthoni Salim & Chairul Tanjung: Hospital Business

Anthoni Salim & Chairul Tanjung: Hospital Business

Almost all conglomerates in Indonesia have entered hospital business. Sinarmas Group with Eka Hospital and Lippo Group with Siloam Hospitals. Ciputra, Emtek, and Mayapada are other major business groups in the healthcare industry. How about Salim Group? You may yet to...
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