Jan 6, 2015 | Industries, News Group
MNC Pictures will release its latest movie titled “Di Balik 98” (Behind 98) on January 15. The film, which was previously titled “Di Balik Pintu Istana” (The Palace Behind the Doors), is a drama set on the 1998 May Riots where Indonesian university students and...
Jan 6, 2015 | Industries, News Group
Insurance claims for the perished AirAsia flight QZ8501 have been the topic of reportage as of late. German insurer Allianz is on the center stage internationally as the lead insurer for the flight. But as the Indonesian Financial Services Authorities (OJK) had made...
Dec 26, 2014 | Industries
Bosowa Corporindo, a company controlled by the family of Aksa Mahmud, brother-in-law of Vice President Jusuf Kalla, acquires the troubled Sky Aviation, tribunnews.com reported Wednesday (December 24), just days after Mandala Airlines—-controlled by Saratoga Capital...
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...
