by Yohanes Obor | Nov 26, 2015 | Industries, News, Transportation
JAKARTA (Yosefardi) – State construction firm PT Waskita Karya Tbk (WSKT), through its unit PT Waskita Toll Road, acquired 38.5% shares of PT Waskita MNC Transjawa Toll Road (WMTTR) from PT Sembilan Benua Makmur owned by PT MNC Toll Road. WSKT has injected...
by Yohanes Obor | Nov 23, 2015 | Industries, News, Transportation
SINGAPORE (Yosefardi) – KS Energy Limited said that a consortium of PT Atlantic Oilfield Services, a subsidiary of KS Drilling Pte. Ltd. (KS Drilling) and PT Java Star Rig, a joint venture of KS Drilling, has been awarded a contract for the “KS Java Star”...
by Yohanes Obor | Nov 23, 2015 | Industries, News, Transportation
JAKARTA (Yosefardi) – State port operator PT Pelabuhan Indonesia (Pelindo) II will set up joint venture (JV) with Pelindo I and Pelindo IV, for building 24 ports across the country, to accelerate the Sea Toll program. The construction of 24 ports would cost around...
by Yohanes Obor | Nov 23, 2015 | Industries, News, Retail
JAKARTA (Yosefardi) – Consumer player PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ) continued to post double digit growth in third quarter of 2015 despite slowdown of domestic economy, also supported by debts cut. ULTJ reported 91% jump in net profit to...
by Yohanes Obor | Nov 19, 2015 | Industries, News, Property
MANADO (Yosefardi) – Property developer Paramont Land targets to book sales revenues of Rp1.3-1.5 trillion by late of 2016 from its residential project “Paramount Hills, in Manado, North Sulawesi, Bisnis.com reported. The company develops residential area...
by Yohanes Obor | Nov 19, 2015 | Industries, News, Transportation
MAKASSAR (Yosefardi) – Transportation minister Ignasius Jonan said the government allocates Rp40 trillion for funding the Trans Makassar-Manado railway project. The railway has 2000 kilometers length and costs Rp20 billion per kilometer. The project will start...
