by Haryanto Suharman | May 20, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – President Joko “Jokowi” Widodo is expected to hold a limited cabinet meeting with Vice President Jusuf Kalla and members of the Working Cabinet to discuss the Light Rail Transit (LRT) project Wednesday (May. 20). The cabinet meeting is scheduled...
by Yohanes Obor | May 19, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – PT Siwani Makmur Tbk (SIMA), manufactures flexible plastic sheets and plastic containers for food and other packaging industries, plans to bag loan of Rp125 billion from PT Kemilau Inti Semesta (KIS). This transaction is material as the...
by Yohanes Obor | May 19, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – PT Telekomunikasi International (Telin), subsidiary of PT Telekomunikasi Indonesia (Telkom) Tbk (TLKM), plans to build data center in Singapore in June this year which costs US$115 million. Telin will take 2 years for construction of data...
by Yohanes Obor | May 18, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – State pharmaceutical company PT Phapros, subsidiary of PT Rajawali Nusantara Indonesia (RNI), expects to postpone its IPO plan this year pending the merger with its sister company, PT Rajawali Nusindo, distributor of pharmaceutical products....
by Yohanes Obor | May 18, 2015 | Finance, Investments, News
FLORIDA (Yosefardi) – The Templeton Global Income Fund invested 3% of its total net assets (US$1.07 billion) in Indonesia as of April 30, 2015. Investment in fixed income accounted for 78.7% while the rest invested in cash and other assets. In Asia, Templeton invested...
by Yohanes Obor | May 13, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – PT United Tractors Tbk (UNTR), through its unit PT Karya Supra Perkasa, had in May 11, 2015 purchased 10.1% shares of PT Acset Indonusa Tbk (ACST), then UNTR now controls 51% ACST shares. PT Loka Cipta Lestari also reported it has sold...