June 7, 2016 edition
More Weekly Business articles in other editions
May 10, 2016 edition
TRANSPORTATION
Government Inaugurates Nine New Ports
Transportation Minister Ignasius Jonan has inaugurated nine seaports in Sulawesi. They include a new port in Bungkutoko, Kendari, Southeast Sulawesi, as well as an eight-port development project in North Sulawesi, Central Sulawesi and South Sulawesi.
Government Inaugurates Nine New Ports
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May 3, 2016 edition
April 26, 2016 edition
SOES
Establishment of Six SOE Holding companies Accelerated
The state-owned enterprises (SOEs) ministry is accelerating discussions on a draft government regulation concerning the establishment of six SOE holding companies. The formation of the six holding companies in the oil and gas, mining, banking, toll roads, housing and construction and engineering sectors is targeted to finish by mid-2016 in order to comply with President Joko Widodo's request for it to be concluded this year.
Establishment of Six SOE Holding companies Accelerated
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April 19, 2016 edition
SOES
Angkasa Pura II Issues Bonds
Angkasa Pura II has issued Rp2 trillion in bonds. According to CEO Budi Karya Sumadi, the funds from the issuance will be used to boost the state-owned airport management company's capital expenditures. Danareksa and Mandiri Sekuritas have been named the underwriters.
Angkasa Pura II Issues Bonds
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April 12, 2016 edition
MINING
KPK To Target Mining IUPs
THE Corruption Eradication Commission (KPK) is set to start investigating mining business licenses (IUP) that lack so-called clean-and-clear certificates from the energy and mineral resources ministry. "Everything must be finished by May 15," said KPK head Agus Rahardjo in Balikpapan, East Kalimantan last week.
KPK To Target Mining IUPs