Feb 25, 2014 | Business, Industries
Bakrie Group and state-owned gas transmission and distribution company PT Perusahaan Gas Negara (PGAS) Tbk were competitors in the tender to build the ambitious Kalimantan-Java gas pipeline eight years ago. Bakrie, with strong political support, won the multi billion...
Feb 25, 2014 | Business, Industries
State-owned construction firm PT Pembangunan Perumahan (PTPP) Tbk and Samsung C&T Corporation have on Saturday (Feb 22) signed an agreement for the construction of coal terminal worth US$200 million in Kutai Kartanegara regency, East Kalimantan province. This is...
Feb 19, 2014 | Industries, Profiles
Growing domestic consumption normally leads to increasing demand for plastic. Indonesia is still a country heavily rely on imported plastics and articles. Last year, while overall import declined 2.6%, Indonesia’s import of plastics grew 3.7% to US$2.53 billion....
Feb 17, 2014 | Industries, Profiles
In November 2012, when we posted an article titled ‘Revisiting Mulia Industrindo’, the stock was traded at around Rp250. It rallied to as high as Rp740 year, but then retreated to below Rp300 in September 2013. Mulia Industrindo (MLIA) then launched the...
Feb 14, 2014 | Industries, Profiles
Lautan Luas (LTLS) is one of few players consistently develop their position in domestic manufacturing. It has 100 international principals and distributes more than 1,000 chemical products. Principals of Lautan Luas are also partners of Djarum Group and Wings Group,...
Feb 10, 2014 | Industries
Before Xmas, lawmakers passed the industry bill into law, replacing the obsolete 1984 law. The new Industry Law strengthens Law No 04/2009 on mandatory domestic processing of natural resources (minerals), but full implementation of the new law requires lower level...
Feb 4, 2014 | Business, Industries
The management and distribution of clean water in Jakarta has been handled by PT PAM Lyonnaise Jaya (PALYJA) and PT Thames PAM Jaya (TPJ) since 1998 — the move known as the privatization of Jakarta water management. Both companies, however, have not been able to...
Jan 29, 2014 | Industries
Curator appointed by court has kicked off the aution of assets of PT Sri Melamin Rejeki, the oldest melamine resin manufacturer in Indonesia. The Supreme Court ruled in favor of the bankruptcy filed by its shareholder PT Pupuk Sriwijaya, a state-owned ammonia and urea...
