by Yohanes Obor | Jan 11, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Minister of maritime and fishery Susi Pudjiastuti plans to provide 3,325 units of vessels for fishermen during 2016. The government has allocated 27% of state budget for maritime and fishery ministry for providing infrastructure of fishery....
by Yohanes Obor | Jan 11, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – The government mulls to implement one-time payment system for toll fee for Trans-Java section after fully operated by 2019. Toll Road Regulatory Agency (BPJT) plans to set up a holding company for Trans-Java toll road project. The...
by Yohanes Obor | Jan 11, 2016 | Industries, News, Transportation
SINGAPORE (Yosefardi) – Otto Marine Limited, a leading offshore marine company that specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, said its wholly-owned subsidiary, Otto Marine Shipyard Pte...
by Yohanes Obor | Jan 8, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Tabungan Negara (BTN) Tbk (BBTN) plans to set up three units this year; assets management unit, multifinance, and life insurance. The bank allocates Rp300 billion for funding the establishment of three units. Life insurance unit is...
by Yohanes Obor | Jan 8, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Timur (Bank Jatim) Tbk (BJTM) targets to book profit before tax of 1.49 trillion this year, a 18% growth from Rp1.26 trillion from last year. Bank Jatim booked net profit of Rp884.50 billion in 2015, dropped...
by Yohanes Obor | Jan 8, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Maybank Indonesia Finance plans to issue bond worth Rp3 trillion this year, part of its Rp5 trillion bond issue program. Maybank has issued bonds worth Rp500 billion last year. It targets to book financing of Rp9 trillion this year,...
by Yohanes Obor | Jan 8, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange moved volatile this morning. It opened lower but regained, then back to negative territory. At 10.33 am Jakarta time IDX fell 0.24% to 4519. Asian markets swung wildly between positive and...
by Yohanes Obor | Jan 7, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 1.7% at 4530 Thursday while crude oil price touched their lowest in more than a decade. Benchmark U.S. crude futures fell 85 cents, or 2.5%, to $33.10, the lowest price since...
by Yohanes Obor | Jan 7, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Mining company PT Golden Energy Mines Tbk (GEMS), owned by Eka Tjipta Widjaja, revised the loan facility agreement of its four units. GEMS has changed the loan from dollar denomination into rupiah (Rp2.33 trillion). Loan agreement with PT...
by Yohanes Obor | Jan 7, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – Property developer PT Hanson International Tbk (MYRX) has completed rights issue of 1.53 billion shares, representing 10% of its enlarged shares capital. It raised total proceeds of Rp1.07 trillion. The new shares is priced at Rp700 per unit....