• Dozens Injured as Part of Indonesia Stock Exchange Building Collapses

    Just as the people working in the Indonesia Stock Exchange building (Central Jakarta) were preparing for the lunch break, an indoor balcony, located in the main hall of the building, collapsed. The balcony fell into the ground level, just after 12 o'clock noon, in Tower 2. According to local media, dozens of people are injured and transported to nearby hospitals.

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  • GMF AeroAsia Allotted $100 Million to 2018 Capital Expenditure Budget

    Garuda Maintenance Facility AeroAsia (GMF AeroAsia), the aircraft maintenance and repair unit of Indonesia's national flag carrier Garuda Indonesia, allotted USD $100 million to its capital expenditure budget in 2018. This includes the funds that are required for the company's expansion plans to the Middle East. GMF AeroAsia raised IDR 1.13 trillion (approx. USD $84 million) through an initial public offering (IPO) on the Indonesia Stock Exchange in 2017.

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  • Indonesian Rice Producer Buyung Poetra Sembada to Build New Factory

    Buyung Poetra Sembada, an Indonesia-based rice producer, plans to construct a new rice factory in South Sumatra in the second half of 2018, a project that will require IDR 100 billion (approx. USD $7.5 million) in investment. Buyung Poetra Sembada conducted an initial public offering (IPO) on the Indonesia Stock Exchange in June 2017.

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  • Indonesia Investments' Newsletter of 14 January 2018 Released

    On 14 January 2018, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy and market-related topics such as GDP growth, household consumption, cement industry, the investment climate, IPOs, and more.

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