Tags Indonesia

Tag: Indonesia

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...

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...

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,...

WIKA Records Rp2 Trillion Net Profit

Net Profit in 2018 grew 52.89% Total Assets in 2018 grew 29.65% JAKARTA - (ACN Newswire) - PT WIJAYA KARYA (Persero) Tbk announces a net profit of Rp2.07...

Intiland Books Rp2.6 Trillion Revenue in 2018

JAKARTA - (ACN Newswire) - Property developer PT Intiland Development Tbk (Intiland; DILD) reported a 16 percent increase in revenue to Rp2.6 trillion in 2018 from Rp2.2...

Astrindo Nusantara Infrastructure (“BIPI”) Refinances Credit Suisse Loan

JAKARTA - (ACN Newswire) - PT Astrindo Nusantara Infrastruktur Tbk ("BIPI") succeeded in raising US$235 million from foreign creditors led by Barossa Assets Ltd. and Goldman Sachs...

Online Loans in Indonesia Present an MSME Business Capital Solution

JAKARTA - (ACN Newswire) - The rapid development of Indonesia's fintech industry, especially in the online lending sector, has brought about with it some fresh air, especially...

Maybank Indonesia announces Maybank Bali Marathon 2019 Dates and Registration

JAKARTA - (ACN Newswire) - PT Bank Maybank Indonesia Tbk (Maybank Indonesia) today announced this year's Maybank Bali Marathon (MBM 2019) will be held on September 9,...
Andaz Capital Gate

Hotel Digest: Andaz Capital Gate Abu Dhabi Opens; Preferred Hotels Adds Hotel in Indonesia

Global hospitality firm Hyatt Hotels Corporation has announced the opening of Andaz Capital Gate Abu Dhabi, which turned iconic “Leaning Tower of Abu Dhabi”...

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...
Justco

JustCo Launches JV in Indonesia

INDONESIA - JustCo has launched a joint venture in Indonesia with one of Asia’s largest business players, Gunung Sewu. This milestone comes barely two months...
Fintech

FinTech Indonesia Signs Collaboration Agreement with FinTech Australia

The peak financial technology (fintech) industry bodies in Indonesia and Australia have signed a landmark agreement to help drive exchanges of talent and expertise...
Allianz Life Indonesia

Allianz Announces New Indonesia Leadership Changes

JAKARTA - Allianz today announces the appointment of Joos Louwerier as Country Manager & CEO, Allianz Life Indonesia, where he will oversee the growth...
CFLD

China Fortune Land To Launch Indonesia’s First International New Industry City

China Fortune Land Development (CFLD), one of China's biggest real estate companies, is set to launch Indonesia's first international new industry city on 6...
Indonesia World Bank

Lower Economic Growth Forecast for Indonesia

The World Bank has trimmed its growth for Indonesia from 5.3 percent to 5.2 percent this year, citing global uncertainty and rising inflation. In...
OJK Reinsurance

Indonesia Now Has 42 Reinsurance Brokerage Firms

The number of reinsurance brokerage companies in Indonesia now stands at 42 after the country's financial services regulator granted operational licenses to two new...
Yamaha

Yamaha to Set Up New Plant in India, Indonesia

JAPAN - Yamaha Corporation (Yamaha) is planning to establish a manufacturing subsidiary in Indonesia, PT. Yamaha Musical Products Asia (YMPA), and construct a new...

Bali, Indonesia Landslide Kills 7

INDONESIA - At least seven people died while four others were injured when landslides hit houses in Indonesia's Bali before midnight Thursday, the national...
Grab Ventures Indonesia

Fast Facts on Grab’s $700 Million Investment in Indonesia

Southeast Asia's ride-hailing platform Grab is investing up to US$700 million in Indonesia over the next four years, according to the country's Investment Coordinating...

Indonesian Terror Suspect, 14 Others Killed in Philippine Airstrikes

LANAO DEL SUR, Philippines - An Indonesian terror suspect was among the 15 suspected terrorists killed in the latest operation launched by the Armed...