by Yohanes Obor | Dec 21, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – State construction firm PT Adhi Karya Tbk (ADHI) won new contract tender for construction of Musi IV bridge worth Rp526.31 billion in Palembang, South Sumatera. The project will run for working for 26 months period. As at October 2015, ADHI...
by Yohanes Obor | Dec 21, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Artos Indonesia Tbk has set its IPO price at Rp120-150 per share, to raise total proceeds of Rp29-36 billion. The bank has in December 14, 2015 kicked off its initial public offering (IPO) for 241.25 million shares, representing 20%...
by Yohanes Obor | Dec 21, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Mandiri Tbk (BMRI) has drawn down US$880 million loan from China Development Bank (CDB), part of US$1 billion loan facility commitment. The loan will be used to fund infrastructure projects. The bank expects the improving economic...
by Yohanes Obor | Dec 21, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) fell 0.17% to 4461 early trade this morning to tracking the falls in regional markets. Asian share markets got off to a lackluster start on Monday following a dive on Wall Street, though...
by Yohanes Obor | Dec 18, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 1.48% at 4488 this morning as profit taking local stocks after recent gains, responded highly positive to the decision of the US Federal Reserve to raise its key Fed Fund...
by Yohanes Obor | Dec 17, 2015 | Featured, Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.6% at 4556 Thursday (Dec. 17) following regional and global markets. Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest...
by Yohanes Obor | Dec 17, 2015 | Industries, News, Property
JAKARTA (Yosefardi) – Property developer PT Metropolitan Land (Metland) Tbk (MTLA) targets to book marketing sales of Rp1.3 trillion next year, a 30% growth compared to this year’s marketing sales of Rp1 trillion. The top line of property industry is...
by Yohanes Obor | Dec 17, 2015 | Industries, News, Property
JAKARTA (Yosefardi) – Property developer PT Intiland Development Tbk (DILD) allocates capital expenditure (capex) of Rp2 trillion for next year, equal to this year’s capex. The projects running next year include Serena Hills, Talaga Bastari, One Park...
by Yohanes Obor | Dec 17, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – State construction firm PT Pembangunan Perumahan Tbk (PTPP) is to seek loan of Rp4 trillion next year, to fund its working capital of Rp6-7 trillion. PTPP targets its revenue to reach more than Rp20 trillion next year, a 28% growth compared to...
by Yohanes Obor | Dec 17, 2015 | Featured, Finance, Investments, News
JAKARTA (Yosefardi) – State construction firm targets its profit to grow by 10% in 2016, supported by projects work acceleration which are delayed this year and the government’s infrastructure projects. The carry over projects to next year reaches Rp30...
