Siloam Targets to Build 10 Hospitals per Year
JAKARTA (Yosefardi) – PT Siloam International Hospitals Tbk (SILO) targets to build 10 units of hospitals per year, to have 300 hospitals in total.
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Bank Mandiri to Provide Rp1 Trillion Loan for Kalbe Farma
JAKARTA (Yosefardi) – PT Bank Mandiri Tbk (BMRI) provides loan for working capital of Rp1 trillion for pharmaceutical firm PT Kalbe Farma Tbk (KLBF).
Read MoreIndonesian Pharma to Lobby for Foreign Direct Investments Incentives
JAKARTA (Yosefardi) – Representatives of the Indonesian Pharma Industry declared that the government must offer incentives and widen the door to foreign direct investment in the country’s pharmaceutical industry to reduce dependence on imported raw material for medicine.
Read MoreKalbe Farma and Kimia Farma to Open Raw Materials Plants in Indonesia
Vidjongtius, director of Indonesia’s largest pharmaceutical company, PT Kalbe Farma Tbk (KLBF), stated that raw material import is a big challenge for the local pharmacy industry.
Read MoreSido Muncul to Invest Rp235 Billion
JAKARTA (Yosefardi) – PT Industri Jamu Dan Farmasi Sido Muncul Tbk (SIDO), producing herbal medicine and engaged in pharmacy industry, allocates Rp235 billion for investment in 2016, mostly to fund factory expansion, producing...
Read MoreMerck and Taisho Post Profit Drop
JAKARTA (Yosefardi) – Pharmaceutical firm PT Merck Tbk (MERK) posted 14.7% drop in profit to Rp122 billion in first nine months to September of 2015 period, from Rp142 billion in the same period of 2014. Revenues rose...
Read MoreLippo-Backed Venturra Capital Signs MoU With Prenetics
HONG KONG/CHINA (Yosefardi) – The Lippo Group, one of the largest conglomerates and the biggest healthcare provider in Indonesia, through its affiliate Venturra Capital, signed a Memordandum of Understanding (MoU) with...
Read MoreDaria-Varia Boosts Capital of Etana Biotechnologies
JAKARTA (Yosefardi) – PT Darya-Varia Laboratoria Tbk (DVLA) approves to boost the authorized capital of its subsidiary, PT Etana Biotechnologies Indonesia, to Rp114.34 billion and total issued and paid up capital to...
Read MoreKimia Farma to Build New Factory in Bandung
JAKARTA (Yosefardi) – State pharmaceutical firm PT Kimia Farma Tbk (KAEF) allocates Rp978 billion for funding new pharmacy factory in Bandung, West Java, to produce 3.6 billion tablets per year. The company has raised...
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Indofarma Targets 15-20% Margin Growth
JAKARTA (Yosefardi) – State pharmaceutical company PT Indofarma Tbk (INAF) targets 15-20% margin...
Read MoreKalbe Farma Mulls to Expand to Vietnam and Thailand
JAKARTA (Yosefardi) – Pharmaceutical firm PT Kalbe Farma Tbk (KLBF) mulls to build factory in Vietnam and Thailand, to expand its volume export of pharmacy products. KLBF opts to seek partners for its business expansion...
Read MoreBPJS Kesehatan Books Profit Rp1.07 Trillion
JAKARTA (Yosefardi) – Social security agency called BPJS Kesehatan booked net profit of Rp1.07 trillion in 2014 on revenues of Rp2.477 trillion. Its assets reached Rp10.73 trillion as of January 2015 while liability...
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