China’s lack of demand affects metal prices China’s lack of demand affects metal prices
Bisnis Indonesia, 01 Feb | Monitoring

Although the market is supported by optimism of excessive supply cuts, the demand slowdown from China has affected metal industry prices along January. Bloomberg Industrial Metals dropped by 1.4% along…

Auto sector to be excluded Auto sector to be excluded
Bisnis Indonesia, 01 Feb | Monitoring

Government fulfills automotive industry’s request on the exception of anti-dumping duty on steel for the sector. Chairman of the Indonesian Automotive Industry Association (Gaikindo) claims that government has accommodated industry…

Various facilities to be given Various facilities to be given
Bisnis Indonesia, 01 Feb | Monitoring

Government will give various facilities to entire infrastructure projects that are assigned as National Strategic Project, starting from land provision to the spatial and area licensing. Member of the Committee…

Chandra Asri revamps naphtha cracker plant Chandra Asri revamps naphtha cracker plant
The Jakarta Post, 01 Jan | Monitoring

Integrated petrochemical firm PT Chandra Asri Petrochemical has awarded CB&I’s United States-based operations a material supply agreement to revamp existing furnaces of its naphtha cracker plant, according to a statement…

BI cuts growth projection BI cuts growth projection
Koran Jakarta, 01 Jan | Monitoring

Bank Indonesia (BI) cuts 2017`s economic growth projection though government plans to increase its target in the 2017 revised state budget (RAPBN-P). The central bank lowers economic growth projection as…

Cikarang Listrindo enters stock market Cikarang Listrindo enters stock market
The Jakarta Post, 01 Jan | Monitoring

Independent power producer Cikarang Listrindo floated 9.7 percent of its stock on the market on Tuesday, opening at Rp 1,500 (1.2 US cents) per share in the morning, before jumping…

Britain finds a buyer for one Tata Steel plant Britain finds a buyer for one Tata Steel plant
The Jakarta Post, 01 Jan | Monitoring

Tata Steel agreed to sell one of its main British steelworks to investment firm Greybull Capital for 1 pound on Monday, saving a third of the 15,000 jobs placed in…

Toll road projects accelerated Toll road projects accelerated
Bisnis Indonesia, 01 Jan | Monitoring

The government continues to struggle to speed infrastructure projects in several regions, including Balikpapan-Samarinda toll road project in East Kalimantan. President Joko Widodo expects the whole construction of Balikpapan-Samarinda toll…

Malaysia builds a new plant in Tangerang Malaysia builds a new plant in Tangerang
Neraca, 01 Jan | Monitoring

Malaysian Coffee producer PT Classic Worldwide International Group (CWIG) will operate its new plant in Indonesia in the second semester of 2016. The company will invest RP 1 trillion. Company’s…