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Telkom Indonesia to Spends US$2.5B in This Year

JAKARTA (TheInsiderStories) - Telco operator, PT Telkom Indonesia Tbk (IDX: TLKM) plans to spend around Rp35.9 trillion (US$2.49 billion) in this year to strengthen the network...

Indonesia’s Astra to Spends US$857M in This Year

JAKARTA (TheInsiderStories) - The unit of Jardine Matheson Holdings Ltd., PT Astra International Tbk (IDX: ASII) has allocated a capital expenditure around Rp12 trillion (US$845.07 million)...

Tri Indonesia Prepares US$200M to Build 800 BTS

JAKARTA (TheInsiderStories) - Telco operator, PT Hutchison 3 Indonesia (Tri Indonesia) plans to spends around US$200 million in this year to accelerates the development of Base...

Indonesia’s Widodo Makmur to Spends US$107M in 2021

JAKARTA (TheInsiderStories) - A poultry and livestock producer, PT Widodo Makmur Unggas Tbk (IDX: WMUU) prepared capital expenditure around Rp1.5 trillion (US$107.14 million), said the management...

Indonesia’s Barito Allocates Fund US$175M in 2021

JAKARTA (TheInsiderStories) - Conglomeration firm, PT Barito Pacific Tbk (IDX: BRPT), allocated capital expenditure US$175 million in 2021. The funds will be injected for its units,...

Indonesia’s Hermina Prepares US$64M for Business Expansion

JAKARTA (TheInsiderStories) - The Hermina Hospital manager, PT Medikaloka Hermina Tbk (IDX: HEAL) plans to build four new hospitals and also looking an opportunity to acquire...

Indonesia’s Astra Infra Prepares US$106M for Expansion

JAKARTA (TheInsiderStories) - PT Astra Tol Nusantara (Astra Infra), a subsidiary of PT Astra International Tbk (IDX: ASII), is preparing a capital expenditure about Rp1.5 trillion...

Indonesia’s Bakrie Targets to Complete Debt Restructuring US$709M

JAKARTA (TheInsiderStories) - The business holding firm, PT Bakrie & Brothers Tbk (IDX: BNBR), will complete the debt restructuring with a total value of Rp10 trillion...

Indonesia’s Bayan Resources to Spends US$150M in 2021

JAKARTA (TheInsiderStories) - A coal miner owned by tycoon Low Tuck Kwong, PT Bayan Resources Tbk (IDX: BYAN) prepared a capital expenditure (capex) around US$150 million...

Indonesia’s Chandra Asri Cuts Capital Spending to US$135M

JAKARTA (TheInsiderStories) - A petrochemical producer, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) decided to sliced the 2020' capital expenditures (capex) to US$135 million due to...

Salim Group Prepares Capex US$956M, Expands Vegetable Refinery

JAKARTA (TheInsiderStories) - A number of listed companies under Salim Group poured out capital expenditures with total amount of Rp14.3 trillion (US$956.22 million) in...

Indonesia’s United Tractors Cuts Capex amid the Pandemic

JAKARTA (TheInsiderStories) - Indonesian heavy equipment producer, PT United Tractors Tbk (IDX: UNTR) sliced this year' capital expenditure (capex) from US$450 million to $250 million due...

Indonesia’s Astra Trims Capex Due to COVID-19 Pandemic

JAKARTA (TheInsiderStories) - The conglomeration firm, PT Astra International Tbk (IDX: ASII) cut nearly half of its capital expenditure (capex) for this year due to the...

Bunarto Lead Astra, Give a Dividend Shares US$614M

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Astra International Tbk (IDX: ASII) appointed new president director Djony Bunarto Tjondro and Prijono Sugiharto as the chairman...

Shareholder Rejects PLN Proposed Capex, to Cut by 40%

JAKARTA (TheInsiderStories) - Shareholder of PT Perusahaan Listrik Negara (PLN) rejected the proposed capital expenditure worth of Rp100 trillion (US$7.14 billion) to avoid fraud at...

Indonesia’s Indofood Prepares US$486M to Expand the Businesses in 2019

JAKARTA (TheInsiderStories) - PT Indofood Sukses Makmur Tbk (IDX: INDF), an Indonesian multi-national company, allocated Rp7 trillion (US$486.11 million) capital expenditure during 2019, said the company on...
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