Pelindo IV Eyes IDR 2 Trillion PMN

JAKARTA – To boost its performance, PT Pelabuhan Indonesia (Pelindo) IV plans to develop some ports it manages. To support this expansion, the state-owned enterprise (BUMN) is looking for budget sources. Pelindo IV intends to obtain budget from state capital injection (PMN) in 2015 State Budget (APBN). “We have proposed for IDR 2 trillion PMN,”…

Berau Coal Purchases Two New Additional Barges

JAKARTA – Coal producer, PT Berau Coal Energy Tbk (BRAU), through its subsidiary, PT Berau Coal, is ready to purchase two additional barges in this year. The purchase aims to support Berau Coal’s coal shipping in Berau Regency, East Kalimantan. BRAU President Director, Amir Sambodo, in information transparency in Indonesia Stock Exchange (IDX) on Monday…

Adhi, Pelindo III Make Investment for PLTG

JAKARTA – There is an innovation from the management of PT Adhi Karya (Persero) Tbk this year. The state-owned construction service firm will make investment in gas-fueled power plant (PLTG) in Teluk lamong Port, Gresik, East Java. Adhi Karya finances the initial PLTG project by cooperating with the subsidiary of PT Pelabuhan Indonesia (Pelindo) III,…