Business

Lazada to implement an electronic payment gateway system this Year

E-commerce platform Lazada Indonesia plans to implement an electronic payment gateway system this year, said Lazada Indonesia chief marketing...

Jan 18 · 57 sec read >

Indonesia’s Foreign Debt Stands at $347.3b, 34% of GDP

Indonesia’s foreign debt stood at US$347.3 billion in November last year, growing by 9.1 percent year-on-year (yoy), according to...

Jan 16 · 51 sec read >

Indonesia’s First Wind Farm 90% Complete: PLN

The government is now finishing the development of a 100-hectare Sidrap Wind Farm in Sindereng Rappang regency, South Sulawesi, the first...

Jan 16 · 43 sec read >

Trainmaker PT Industri Kereta Api (INKA) Choo Choos into African Market

State-owned train maker PT Industri Kereta Api (INKA) has won a deal worth Rp1.3 trillion (US$90 million) to supply...

Jan 10 · 56 sec read >

PT AKR Corporindo to Build 350 Gas Stations in Next Decade

Following its government appointment to distribute fuel for five years, PT AKR Corporindo plans to establish 350 gas stations in...

Jan 10 · 41 sec read >

Indonesian coal miner Geo Energy Set to Ship 7.5 Million Tons of Coal to Engelhart in 2018

Indonesian coal miner Geo Energy Resources Limited is set to generate US$345 million in revenue from the shipment of...

Dec 30 · 55 sec read >

Indonesia Offers Rp7.7t Satellite Project to Investors – BKPM

The investment scheme for the 15 year concession is based on an availability payment with a government guarantee, according...

Dec 30 · 1 min read >

Indonesia to Boost Partnership with Islamic Development Bank Members

Indonesia has been committed to the Islamic Development Bank ‘s knowledge exchange program since 2014 and has contributed a...

Dec 30 · 43 sec read >

Train Manufacturer PT INKA Signs Rp4 t Loan to Build LRT Cars

State-owned train manufacturer PT INKA (Industri Kereta Api) signed on Wednesday a syndicated loan agreement totaling Rp4.05 trillion (US$298.8...

Dec 28 · 46 sec read >

Coal Miner Toba Bara to Issue US$250 Million Notes

Toba Bara saw its revenues increase by 9.9 percent annually to $211.25 million, thanks to a recent hike in...

Dec 28 · 1 min read >

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