by Yohanes Obor | Jan 26, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – PT Wika Realty, subsidiary of state construction firm PT Wijaya Karya Tbk (WIKA), plans to develop 7 new projects this year, consisting of Landed House, High Rise, and Villatel & Hotel. The landed house, located in Tamansari Sepinggan...
by Yohanes Obor | Jan 26, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – The President Joko Widodo emphasized that infrastructure development is key to Indonesia in facing the competition era. The infrastructure availability, he added, would improve productivity and competitiveness. “With the...
by Yohanes Obor | Jan 26, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Shipping company PT Arpeni Pratama Ocean Lines Tbk (APOL) said its debt restructuring is stalled as creditors have approved its proposal. Arpeni’s creditors (bonds and shares) consist of private firms and state-owned companies, and...
by Yohanes Obor | Jan 26, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – JAKARTA (Yosefardi) – Chemical and logistic PT AKR Corporindo Tbk (AKRA) said its subsidiary PT Anahanesa Abadi, partnered with PT Berlian Jasa Terminal Indonesia, has set up new entity named PT Terminal Curah Semarang (TCS). The purpose of...
by Yohanes Obor | Jan 26, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Food producer PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA) allocates Rp150 billion fund to purchase back its shares within next three months. As at September 2015, AISA’s cash and cash equivalent totaled Rp566.32 billion. Its assets...
by Yohanes Obor | Jan 26, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Danamon Indonesia Tbk (BDMN) has Monday (Jan. 25) divested 2.93% shares of its unit PT Adira Dinamika Multi Finance Tbk (ADMF), to comply with minimum 7.5% free float regulation. Then now BDMN holds 92.07% ADMF shares, from previous...
by Yohanes Obor | Jan 26, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.4% at 4487 this morning following regional markets. Astra Agro fell 1.5%, Adaro Energy declined 1.2%, XL Axiata shed 2.78%, Indo Tambangraya dropped 5.1%, Indocement...
by Yohanes Obor | Jan 25, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.1% at 4506 Monday (Jan. 25) inline with regional markets. Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the...
by Yohanes Obor | Jan 25, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Transportation operator PT Adi Sarana Armada Tbk (ASSA) allocates capital expenditure (capex) of Rp1 trillion for this year, a 25% rise compared to last year’s capex of Rp800 billion. The capex will be used to purchase 4000-4500 units of...
by Yohanes Obor | Jan 25, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank QNB Indonesia Tbk booked profit after tax of Rp156 billion in 2015, grew 29% from Rp121.5 billion in 2014. Net interest income jumped 71% to Rp730.2 billion from previous Rp426.7 billion. Operating profit rose 28% to Rp205 billion...