Dec 26, 2014 | Industries
PT Petrokimia Gresik (Petrogres) is moving closer to build new ammonia-urea plant in Gresik, East Java after securing Rp1.5 trillion of loan from Sumitomo Mitsui Banking Corporation (SMBC). The ammonia-urea plant will cut significantly Petrogres’ purchase from third...
Dec 24, 2014 | Industries
The government requires PT Freeport Indonesia to build new copper smelter in Papua province, closer to the Grasberg mine, instead of Gresik, East Java province. The largest gold and copper miner is given until 2020 to build the US$1.5 billion smelter. Implications?...
Dec 23, 2014 | Industries
A lot of construction projects will begin in 2015, among them are dams and hydro power plants built for beefing up the country’s irrigation system and electricity supply. State-Owned (SOE) construction companies are at the forefront of this development. And sure...
Dec 23, 2014 | Industries
PT. Pelabuhan Indonesia II (Persero) (Pelindo), Mitsui & Co, Ltd., Nippon Yusen Kabushiki Kaisha (NYK Line) and PSA International Pte Ltd have agreed to jointly participate in the construction and operation of a new container terminal at Tanjung Priok Port,...
Dec 23, 2014 | Industries
Indosat (ISAT), third largest cellular player in Indonesia, has on Monday (Dec 22) started migration of StarOne customers, a Code Division Multiple Access (CDMA)-based service, to GSM. Indosat will upon completion of migration stop providing CDMA services. This...
Dec 22, 2014 | Industries
Minister of finance Bambang Brodjonegoro confirmed the government’s proposal to revise 2015 State Budget with a major change in spending for infrastructure development. In the revised budget, which would be subject to approval from the House of Representatives (DPR),...
Dec 22, 2014 | Industries
Team for Reform of Governance in Oil and Gas led by economist Faisal Basri has on Sunday (Dec 21) issued various recommendations to the Government, including on the future of PT Trans Pacific Petrochemical Indotama (TPPI). Implications to petrochemical industry? Among...
Dec 19, 2014 | Industries
Higher raw material costs boosted by 30% hike in fuel price and falling rupiah, increasing labor costs, and loan-to-value policy are among negative factors affecting property industry next year. But, a prospect of higher foreign direct investment (FDI) gives hope,...
Dec 19, 2014 | Industries
Bisnis Indonesia newspaper organized a seminar about prospect of property business in Indonesia 2015 on Thursday. Speakers of the seminar were Budi Karya Sumadi (CEO of PT Jakarta Propertindo), Iman Nugroho Soeko (Treasury Director of Bank Tabungan Negara/BTN), and...
Dec 19, 2014 | Industries, News Group
Here are the photographs we took at the Blok-M Painting Center to give you a sense into how the streetside painters work in one of Jakarta’s busiest tranportation-cum-shopping hubs. Enjoy the pictures. Tools of the trade. Painter at work. ...
