Jan 15, 2015 | Industries, News Group
President Joko “Jokowi” Widodo has been known as a down to earth government official ever since he was still serving as the Mayor of Surakarta in Central Java. And today, as President of the Republic, Jokowi still maintains his mostly casual dress code with plain...
Jan 15, 2015 | Industries
After years (or decade) of delay, Central Kalimantan governor Agustin Teras Narang, a politician from PDIP, has on Wednesday (Jan 14), kicked off construction of the US$5.48 billion railway project with PT Perkeretaapian Tambun Bungai (PTB), a joint venture between...
Jan 14, 2015 | Industries
PT Kaltim Methanol Industri (KMI), a joint venture between Nissho Iwai Corp and Humpuss Group, plans to invest additional US$800 million for a new methanol plant. Future of this project, however, will likely be similar with other giant petrochemical projects planned...
Jan 14, 2015 | Industries
Coordinating minister for the economy Sofyan Djalil led a meeting with state-owned enterprises minister Rini Soemarno, minister of energy & mineral resources Sudirman Said, and Pertamina CEO Soetjipto Tuesday (Jan 13) to discuss future of the troubled PT Trans...
Jan 12, 2015 | Industries
Anhui Conch Cement Company Ltd is one of the largest cement producers in the region. It generated net profit of RMB8.2 billion from sales revenue of RMB43.7 billion in nine months of 2014. For a comparison, Semen Indonesia (SMGR), the largest cement player in...
Jan 11, 2015 | Industries
PT Tuban LPG Indonesia is one of the largest private-owned liquefied petroleum gas (LPG) plants by design capacity in Indonesia. The plant is located adjacent to the dormant condensate splitter and aromatic centre operated by the troubled PT Trans Pacific...
Jan 9, 2015 | Industries, Politics
We’ve been reading headlines in several news outlets that are unfavorable to Minister of Transportation Ignasius Jonan. The Minister has been under intense scrutiny for some of his policies in light of the accident involving Indonesia AirAsia flight QZ8501. Some...