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Jakarta Post
The Jakarta Post
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toll-road

Jasa Marga plans to issue commercial paper, cut expenditure amid revenue downturn
Business 2 months ago

Jasa Marga plans to issue commercial paper, cut expenditure amid revenue downturn

State-owned toll road operator Jasa Marga plans to issue up to Rp 1 trillion (US$68 million) of comm...
Jokowi inaugurates first toll road in Aceh
Business 2 months ago

Jokowi inaugurates first toll road in Aceh

During the inauguration ceremony, Jokowi lauded the speedy land acquisition process for the Sigli-Ba...
Four dead, 11 injured in three-vehicle crash on Cipali toll road
National 3 months ago

Four dead, 11 injured in three-vehicle crash on Cipali toll road

A multiple-vehicle collision on Sunday afternoon on the Cipali toll road section in Majalengka, West...
Two sections of Jakarta Outer Ring Road II to be opened this year
Business 3 months ago

Two sections of Jakarta Outer Ring Road II to be opened this year

State-owned toll road operator Jasa Marga aims to launch precommercial operations on two sections of...
Government set to operate sections of toll roads in Aceh, Manado amid pandemic
Business 4 months ago

Government set to operate sections of toll roads in Aceh, Manado amid pandemic

Public Works and Public Housing Minister Basuki Hadimuljono has approved the operation of 35 kilomet...
Financing, land acquisition issues hamper strategic toll road projects
Business 4 months ago

Financing, land acquisition issues hamper strategic toll road projects

A lack of financing and the country’s age-old issues with land acquisition have delayed t...
Govt owes construction SOEs Rp 5.6t for land acquisition expenses
Business 4 months ago

Govt owes construction SOEs Rp 5.6t for land acquisition expenses

Three state-owned construction companies, PT Waskita Karya, PT Hutama Karya and PT Wijaya Karya, are...
Private sector infrastructure funding needs boost as SOEs overleveraged: World Bank
Business 4 months ago

Private sector infrastructure funding needs boost as SOEs overleveraged: World Bank

The World Bank has urged the Indonesian government to improve public-private partnership (PPP) finan...
Hutama Karya’s $600 million global bonds oversubscribed by sixfold
Business 6 months ago

PREMIUM
Hutama Karya’s $600 million global bonds oversubscribed by sixfold

The proceeds from the issuance of the 10-year bonds with a yield of 3.75 percent will be used to fun...
Jasa Marga profit stagnates in 2019 despite double-digit toll revenue growth
Business 6 months ago

Jasa Marga profit stagnates in 2019 despite double-digit toll revenue growth

Jasa Marga booked Rp 2.21 trillion (US$145.5 million) in net profit last year, up a mere 0.2 percent...
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