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View all search resultsjasa-marga
Business 7 years ago
Toll road operator seeks Rp 4t additional capex this year
State-owned toll road operator PT Jasa Marga is considering a number of options, including a Komodo bond issuance, project bond issuance and a limited participation mutual funds (RDPT), to collect Rp 4 trillion (US$276.56 million) for this year’s additional capital expenditure.
Business 7 years ago
JORR payment system integration not pretext to increase toll: Officials
Toll road operators and related agencies have emphasized that the integration of the Jakarta Outer Ring Road (JORR) payment system is not a pretext to increase the toll. Instead, it is aimed at increasing toll road services efficiency.
National 7 years ago
Travelers warned about steep climb on unfinished Salatiga-Kartasura road
Four days before Idul Fitri, the exodus route at Kali Kenteng Bridge on the Salatiga-Kartasura road, part of an unfinished toll road in Central Java, saw a long line of cars making a steep climb. Traffic ran slow on Monday because some cars had problems making the climb, blocking traffic in the process.
City 7 years ago
More than 1.4m cars to leave Jakarta during Idul Fitri exodus: Jasa Marga
State-owned toll operator PT Jasa Marga predicts that more than 1.4 million cars will leave Jakarta through toll roads during the Idul Fitri mudik (exodus) starting this weekend, or a 3.6 percent increase from last year.
Business 8 years ago
Minister encourages more SOEs to issue Komodo bonds
State-owned Enterprises (SOEs) Minister Rini Soemarno is encouraging other SOEs to issue rupiah-denominated Komodo bonds, following the success of toll road operator PT Jasa Marga and construction firm PT Wijaya Karya (Wika) in listing their bonds on the London Stock Exchange (LSE).
Business 8 years ago
Companies in joint venture to collect road tolls
State-owned telecommunications company PT Telekomunikasi Indonesia (Telkom) and state-owned toll road operator PT Jasa Marga will establish a joint venture company that will be in charge of electronic toll road payments before the end the year.
