Dec 18, 2014 | Industries
After years of speculations, PT Conch South Kalimantan Cement (CSKC), subsidiary China’s Anhui Conch, one of the largest cement producers in the region, has finally commenced commercial production of its cement plant in South Kalimantan, Indonesia. The cement plant...
Dec 17, 2014 | Industries
International Finance Corporation (IFC), investment arm of World Bank, has decided to invest in Blue Bird (BIRD), the largest taxi operator in Indonesia, which currently has market capitalization of around US$1.7 billion. Mondrian Investment Partners Ltd, a fund...
Dec 16, 2014 | Industries
We featured Bambang Sugiarto, the head of Pasar Santa traditional market, several weeks ago to understand the trending traditional market. Since then, we’ve read even more reports about Pasar Santa, especially after the soon-to-be Vice Governor of Jakarta Djarot...
Dec 16, 2014 | Industries
Sekar Bumi (SKBM) has on Monday (Dec 15) signed cooperation agreement with two Japanese companies: Seinan Daihatsu Company Ltd and Nomura Trading Co. The partnership will be engaged in the trading of processed food. Sekar Bumi will hold 51% shares in the joint...
Dec 16, 2014 | Industries
PT Kedaung Setia Industrial (KDSI) Tbk is a small company by market capitalisation (Rp147 billion = US$11.8 million). The company, however, generates sales revenue of above US$100 million per annum. Like other manufacturing stocks, investors valued KDSI significantly...
Dec 16, 2014 | Industries
The Indonesia Shipbuilding and Offshore Association (IPERINDO) has in its records at least 8 registered major shipyards based in the city of Surabaya of the East Java province. They are state-owned shipbuilder PT PAL Indonesia and PT Dok & Perkapalan Surabaya; PT...
Dec 16, 2014 | Industries
The Coca-Cola Company (TCCC) has agreed to invest US$500 million into PT Coca-Cola Bottling Indonesia (CCAI), a subsidiary of ASX-listed Coca-Cola Amatil Ltd. According to Amatil’s disclosure to ASX this morning, under the agreement, TCCC will be issued with new...
Dec 15, 2014 | Industries
Leaders of SK Energy met visiting President Joko ‘Jokowi’ Widodo in Busan, South Korea on Friday, December 12 before returning home, just less than 48 hours after state-owned oil and gas company Pertamina signed memorandum of understanding with three...
Dec 12, 2014 | Industries
According to the data we obtained from the Indonesia Shipbuilding and Offshore Association (IPERINDO), there are at least 9 registered major shipyards based in the city of Palembang. They are PT Marina Bahagia, PT SAC NUsantara, PT Dok Karang Sumatera, PT Karya...
Dec 11, 2014 | Industries
Malaysian company Bumi Armada Berhad has on Wednesday signed a contract worth US$1.18 billion for the supply of one floating production, storage, and offloading vessel (FPSO) for the BD Field in the Madura Strait, offshore East Java. Who’s behind Bumi...
