• Cement Industry Indonesia: Export Growth from Low Base

    The Indonesian Cement Association (ASI) has high hopes for Indonesia's cement exports this year. Widodo Santoso, Chairman of the ASI, said he wants the nation's exports grow to the range of 2 - 3 million tons in 2017, up from 1.5 million tons in the preceding year (implying nearly 100 percent year-on-year growth). By the year 2019 the association targets to see 5 million tons of cement exports shipped abroad from Indonesia.

    Lanjut baca ›

  • Banks in Indonesia Don't Adjust Bond Sales after S&P Rating Upgrade

    Despite the recent rating upgrade from Standard & Poor's, Indonesia's banking sector will not immediately issue bonds to enjoy (expected) higher demand and lower yields. Based on data from the Financial Services Authority (OJK), per March 2017, the value of bonds issued by Indonesian banks fell from IDR 93.22 trillion in December 2016 to IDR 90.25 trillion (approx. USD $6.8 billion) per March 2017.

    Lanjut baca ›

  • Semen Indonesia Eyes Two New Cement Factories in Aceh & Kupang

    Indonesia's largest cement manufacturer, Semen Indonesia, plans to establish two new cement factories - one in Aceh (Sumatra) and one in Kupang (East Nusa Tenggara) - in order to strengthen the company's portfolio and distribution network. Semen Indonesia is currently conducting further studies to determine strategies to realize its plans.

    Lanjut baca ›