ANZ Selling Stake in Indonesia’s Panin Bank for USD740 Million

The Australia and New Zealand Banking Group (ANZ) has officially put its stake in Indonesia's Panin Bank on a formal auction as it seeks...

Wintermar Offshore (WINS:JK) Shareholders approve Non-Preemptive Share Issuance

Wintermar Offshore Marine Tbk (WINS:JK) expects business conditions will continue to improve through 2019 into 2020 as oil price outlook stays strong. At the...

29 Indonesian businesses win SME100 Awards as ‘Fast Moving Companies 2019’

The prestigious award for small and medium enterprises, the SME100 Awards, recognized 29 Indonesian SMEs honored as 'Fast Growing Businesses 2019' in a ceremony...

Indonesia Needs an Overhaul in Infrastructure Financing

The Indonesian government, through the Ministry of Public Works and People's Housing (PUPR), has planned to build 732 kilometres (km) of national routes in...

Represent Your Identity and New Ideas with .id Domain Name

Internet Domain Names are unique since no two parties can have the same domain name simultaneously. For an online business, Domain Names are more...

Mighty Earth Complaint to Forest Stewardship Council (FSC) for dissociation of Korindo dismissed by...

Mighty Earth, a US NGO, filed a complaint to FSC that the Korindo Group should be dissociated from FSC. On November 1, 2017, FSC initiated...

Wintermar Offshore (WINS:JK) Reports 1H2019 Results

WINS 2Q2019 revenue rose 15% QoQ to US$14 million, strong improvement in Fleet utilization Wintermar Offshore Marine (WINS:JK) has announced results for 1H2019. WINS 2Q2019...

BASARNAS, Continuing to Improve

JAKARTA, INDONESIA - (ACN Newswire) - Known as the world's largest archipelagic state, Indonesia has coastline reaching 99,095 KM, and is blessed with many unique resources and...

WIKA’s Net Profit in 1H-2019 Grows 60.48% Year-on-Year (YoY)

PT WIJAYA KARYA (Persero) Tbk. (WIKA) booked a net profit of Rp1.015 trillion in the first half of 2019, a 60.48% increase year-on-year (YoY)...

Ambassador of the Kingdom of Saudi Arabia Inaugurates VFS Branch In Order to Facilitate...

JAKARTA - (ACN Newswire) - Saudi Arabia's Ambassador to Indonesia, HE Osamh Mohammed Abdullah Shuibi, inaugurated the VFS / TasHeel branch at Epiwalk, South Jakarta, on Monday...

Grand Kartech aims at Export Market amid Growing Manufacturing Industry

JAKARTA - (ACN Newswire) - Indonesia's Ministry of Industry (Kemenperin) projects the manufacturing sector could reach 5.4% in 2019. Subsector projections include the food and beverage, machinery,...

Wintermar Offshore (WINS:JK) Reports 1Q 2019 Results

Wintermar Offshore Marine (WINS:JK) has announced results for 1Q 2019, with an EBITDA of US$4 million, up 109% QoQ compared to 4Q 2018, while...

PT Astrindo Nusantara Targets EBITDA of USD160 Million

PT Astrindo Nusantara Infrastruktur Tbk (IDX: BIPI) is increasingly focused on the integrated energy infrastructure business, a transition reflected in BIPI's Q1 2019 Financial...