As many as 19 state-owned enterprises have agreed to join forces to construct a toll road that will connect Java’s two biggest cities, with a major section of the highway expected to be built offshore. The Jakarta-Surabaya toll road is slated … Continue reading →
PLN readying for additional 2,090 MW this year PT Perusahaan Listrik Negara (PLN) will receive an additional supply of 2,090 megawatts (MW) by the end of this year from its first 10,000 MW fast-track power plant development program, a company … Continue reading →
State of the market Indonesia has the largest economy in South-East Asia. Over the past five years it has enjoyed average annual Gross Domestic Product (GDP) of six percent, and the World Bank predicts that may reach 6.4 percent in … Continue reading →
Bumi Resources, Indonesia’s largest coal exporter, has extended the maturity of a $150 million loan just weeks after its credit rating was cut on refinancing concerns, a person familiar with the matter said. Credit Suisse Group AG, the arranging bank, … Continue reading →
PROGRAM TITLE Indonesia Inside Out – Indonesia Business Orientation Program PROGRAM DURATION 1 (one) day : 08:30 – 16.00 DATES 25 October 2013 VENUE Financial Club – Graha CIMB Niaga Jakarta RECOMMENDED PARTICIPANTS Foreign Businessmen who wish to start or … Continue reading →
Saratoga prepares two subsidiaries to go public The Jakarta Post-May/30/2013 PT Saratoga Investama Sedaya is preparing two of its subsidiaries to go public so that they will be able to stand on their own feet to finance their business expansion. … Continue reading →
Palm oil exports from Indonesia, the world’s largest producer, jumped to the highest level in at least five years in February after China and Pakistan boosted purchases to benefit from a slump in prices. Shipments, including palm and kernel oils, … Continue reading →
This year Indonesia could pass Thailand to become the largest vehicle market, by unit sales, in Southeast Asia. That’s no small thing, given Thailand has edged into the world’s top 10 vehicle producers and Indonesian output, at the growth rate … Continue reading →
An annual survey of where companies are most likely to invest in Asia has highlighted the attractions of Indonesia. China, as expected, comes top of the survey. India has managed to keep its second spot, but the gap between it … Continue reading →
Australia expects to establish a stronger business presence in its closest neighbor Indonesia, particularly in the eastern part of the archipelago, as part of its goal to tighten bilateral economic ties, a top level official says. One of the potential … Continue reading →