The Today's Headlines section of Indonesia Investments is a regularly updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines cover political, economic and social matters. As a consequence of their recent nature, these topics may not have crystallized fully yet and can, therefore, lack a profound analysis. For publications with a more in-depth understanding of subjects, we refer you to our News, Financial or Business columns.
Puspita Anggraeni, Corporate Secretary at state-controlled construction company Wijaya Karya, said the company's rupiah-denominated global bonds (called "komodo bonds", in reference to the komodo dragon found on several islands in the eastern part of Indonesia) proved popular among investors.
Bank Rakyat Indonesia, one of the leading commercial banks in Indonesia and among the largest listed companies in terms of market capitalization on the Indonesia Stock Exchange, posted solid corporate earnings over full-year 2017. The financial institution's net profit and net interest income both climbed by double-digit figures.
Indonesia's second-biggest cement producer Indocement Tunggal Prakarsa will start operating its new cement terminal in Palembang (South Sumatra) in the first quarter of 2018. This terminal will strengthen the company's sales of bulk cement on the island of Sumatra, the second-largest cement consumer in Indonesia.
Indonesia Kendaraan Terminal (IKT), a subsidiary of Indonesia's state-owned port operator Pelabuhan Indonesia II (also known as Pelindo II), plans to complete its initial public offering (IPO) on the Indonesia Stock Exchange in the first half of 2018. Riry Syeried Jetta, Director of Subsidiary Management at Pelindo II, said the company is currently preparing all required actions for the corporate move including calculating the valuation of IKT.
