by Yohanes Obor | Nov 3, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – State construction firm PT Waskita Karya TBk (WSKT) is set to construct the light rail transit (LRT) in Palembang, South Sumatera. The groundbreaking for the construction is scheduled for this month. The construction will take 2 years, then...
by Yohanes Obor | Oct 27, 2015 | Finance, Investments, News
WASHINGTON (Yosefardi) – GE will invest up to $1 billion in the power, oil and gas, and healthcare sectors to support Indonesia’s accelerated economic growth. The announcement was made on the sidelines of a meeting between the President of the Republic of...
by Yohanes Obor | Oct 27, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Newly listed-retailer gadget (Cyrus) distributor PT Mitra Komunikasi Nusantara Tbk (MKNT) mulls to build a factory, producing cellular phones. Jefri Junaedi, MKNT’s president director, said the company will build the factory in...
by Yohanes Obor | Oct 26, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Heavy equipment production dropped 26% to 2882 units in first nine months to September of 2015, compared to 3855 units in the corresponding period of 2014. Jamaludin, chairman of Indonesia Heavy Equipment Association (Hinabi), told Investor Daily...
by Yohanes Obor | Oct 26, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – State miner PT Aneka Tambang Tbk (ANTM) is set to get Rp3.5 trillion capital injection from the government of Indonesia, through the rights issue transaction. ANTM will also raise Rp1.9 trillion fund from other (public) shareholders. The...
by Yohanes Obor | Oct 23, 2015 | Finance, Investments, News
PHILADELPHIA (Yosefardi) – Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 45.4% of its total portfolio assets in consumers segment in Indonesia as of September 30, 2015. On September 30, 2015, the Fund’s net assets amounted to US$57.8 million and...
