The rupiah exchange rate on Wednesday morning weakened by 85 points to Rp 11,449 per US dollar from Rp 11,364.
State-owned electronic components maker PT LEN Industri is targeting to
book Rp 2.4 trillion (US$210 million) in revenue this year, 14.28
percent higher than the Rp 2.1 trillion it made last year.
State-owned train manufacturer PT INKA hopes to win tenders worth Rp 2
trillion (US$175.5 million) in this year’s contracts to supply electric
railway cars to Bangladesh and Iran.
The Jakarta Composite Index (JCI) on Wednesday weakened by 23.51 points, following movements on Asian stock markets.
Indonesia is Lenovo’s prime market in the Southeast Asian region, and
has, therefore, become its key focus market globally, the device maker
PT XL Axiata has secured a US$500 million loan facility from Malaysian
parent, Axiata Group Berhad, to cover the acquisition of PT Axis Telekom
State-run toll-road operator PT Jasa Marga (JSMR) announced on Tuesday
that it would set aside 40 percent of its 2013 net profits, or Rp 534.53
billion (US$47.67 million), for dividends for its shareholders.
Coal miner PT Adaro Energy (ADRO) says a lower coal average selling
price (ASP) once again hurt its business as its net profit plunged 40.2
percent last year.
BP Indonesia is optimistic about securing customers for its liquefied
natural gas (LNG) produced by Train 3 at its Tangguh plant in West
The government has secured commitment from Iraq, one of the world’s biggest oil producers, to provide investment funds and crude oil for domestic oil refinery projects.