3:54 pm October 24, 2014 | No Comment
Property developer Agung Podomoro Land’s profit dropped 15 percent in the January-September period as sales declined amid a slowing economy and tight monetary policy.
3:20 pm October 24, 2014 | No Comment
Automotive distributor Tunas Ridean has agreed to establish a joint venture in financing with Bank Mandiri and Asco Investindo, a privately held company, so that it can provide loans to consumers who want to buy vehicles.
2:55 pm October 24, 2014 | No Comment
State-controlled construction company Waskita Karya plans to raise Rp 500 billion ($41 million) from a bond sale next month, raising capital so that it can bid on more contracts and work on projects.
1:38 pm October 24, 2014 | No Comment
Citilink Indonesia, which is Garuda Indonesia’s low-cost subsidiary, will serve flights to Papua starting in the first half of next year as part of the company’s route expansion.
1:31 pm October 24, 2014 | No Comment
Semen Indonesia, a state-owned cement manufacturer, started construction on its Rp 683 billion ($57 million) waste heat-recovery power generator, or WHRPG, in its East Java plant on Thursday.
1:22 pm October 24, 2014 | No Comment
Indosat, Indonesia’s third-largest mobile-phone operator, is setting aside a lower amount for capital expenditure in 2015 as it completes modernization of its major network, according to its chief executive.
12:37 pm October 24, 2014 | No Comment
Link Net’s biggest investors raised about $450 million after they cut the size of their offering of shares in the Indonesian Internet service provider, people familiar with the matter said.
10:04 am October 24, 2014 | No Comment
Bank Tabungan Pensiunan Nasional, a medium-sized lender, booked a 15 percent increase in net income in the January-September period to Rp 1.4 trillion ($116 million) from the same period last year, as lending rose.
9:58 am October 24, 2014 | No Comment
Matahari Putra Prima opened its 102nd Hypermart store, in Samarinda, the capital of East Kalimantan, as part of the Indonesian company’s expansion to take advantage of faster economic growth outside Java.
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