Business

Jasa Marga Plans to Issue Commercial paper, Cut Expenditure Amid Revenue Downturn

Jasa Marga plans to issue commercial paper, cut expenditure amid revenue downturn. State-owned toll road operator Jasa Marga plans...

Aug 28 · 2 min read >

Medco Gets Green Light For $80m Paus Biru Gas Project, Reports Q1 Loss

Medco gets green light for $80m Paus Biru gas project, reports Q1 loss.  Oil and gas producer PT Medco...

Aug 28 · 2 min read >

Sarana Menara Nusantara to Expand Fiber-Optic Cable Network Amid High Demand

Sarana Menara Nusantara to expand fiber-optic cable network amid high demand. Publicly listed telecommunication tower operator PT Sarana Menara...

Aug 28 · 2 min read >

Vale Projects $120 Million in 2020 Capital Expenditure

Vale projects $120 million in 2020 capital expenditure. Top nickel matte producer PT Vale Indonesia expects to spend about...

Aug 28 · 1 min read >

Indonesian Tin Production to See 11 Percent Decline in 2020 Due to Low Demand: ITA

Indonesian tin production to see 11 percent  decline in 2020 due to low demand. Indonesia, the world’s second-largest tin...

Aug 24 · 2 min read >

ADB Pledges to Double Funds for Indonesia, Pushes For Green Recovery

ADB pledges to funds for Indonesia, pushes for green recovery. The Asian Development Bank (ADB) has pledged to double loan commitments...

Aug 24 · 1 min read >

Deepracer Women’s League to Help Women Develop Machine Learning Skills

DeepRacer Women’s League to help women develop machine learning skills. Amazon Web Services (AWS) has launched the AWS DeepRacer Women’s League...

Aug 21 · 1 min read >

Bank Indonesia to Cut Benchmark Rate Once again this Year, Fitch Solutions Says

Bank Indonesia to cut benchmark rate once again this year, Fitch Solutions says. Bank Indonesia (BI) is projected to...

Aug 21 · 1 min read >

Waskita Secures BBB+ Rating for Bonds, Expects Rp35t Project Revenue in 2020

Waskita secures BBB+ rating for bonds, expects Rp35t project revenue in 2020. State-owned construction company Waskita Karya’s (Waskita) maturing...

Aug 21 · 1 min read >

Trade Ministry, TFO Canada Team up to Promote Food, IT Exports

Trade Ministry, TFO Canada team up to promote food, IT exports. The Indonesian Trade Ministry and Canada’s Trade Facilitation...

Aug 20 · 1 min read >

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