by Haryanto Suharman | Jan 28, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – The Chief of the Corruption Eradication Commission (KPK) Agus Rahardjo assured that the KPK will also closely monitor the US$5.5 Billion Jakarta-Bandung high speed train project as part of their effort to avoid corruption practices related to the...
by Yohanes Obor | Jan 26, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Shipping company PT Arpeni Pratama Ocean Lines Tbk (APOL) said its debt restructuring is stalled as creditors have approved its proposal. Arpeni’s creditors (bonds and shares) consist of private firms and state-owned companies, and...
by Yohanes Obor | Jan 25, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Transportation operator PT Adi Sarana Armada Tbk (ASSA) allocates capital expenditure (capex) of Rp1 trillion for this year, a 25% rise compared to last year’s capex of Rp800 billion. The capex will be used to purchase 4000-4500 units of...
by Yohanes Obor | Jan 18, 2016 | Industries, News, Transportation
SINGAPORE (Yosefardi) – In December 2015, Singapore Airlines’ systemwide passenger load factor (PLF) improved 0.3 percentage points to 82.1%. Compared to last year, passenger carriage (measured in revenue passenger kilometres)decreased at a slower pace of 0.7%...
by Yohanes Obor | Jan 15, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Flag carrier PT Garuda Indonesia Tbk (GIAA) targets its revenue to grow by 24% to US$6.05 billion this year, equivalent Rp84.09 trillion along with the oil price drop to below US$30 per barrel. As at third quarter of 2015, GIAA’s fuel...
by Yohanes Obor | Jan 15, 2016 | Industries, News, Transportation
SINGAPORE (Yosefardi) – GrabTaxi, the leading ride-hailing platform in Southeast Asia, will open its first office in the United States in Seattle, Washington in January 2016. GrabTaxi’s Seattle engineering center will complement the company’s existing R&D...