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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 ABM Investama Eyes Coal Mine, Prepared US$250M

JAKARTA (TheInsiderStories) - Indonesian miner, PT ABM Investama Tbk (IDX: ABMM) eyes coal mine and allocated up to US$250 million for the acquisition plans, said the...

Indonesia to Completes Regulation on Slag Smelter Next Month

JAKARTA (TheInsiderStories) - The government is targeting the processing of ore slag from the processing of a mineral refining plant or smelter to be...

Indonesian Corporates Credit Trends Remain Broadly Stable until Next Year

JAKARTA (TheInsiderStories) - Indonesian majority corporates that it rates will demonstrate stable credit trends over the next 12-18 months, although the commodity-related sectors will...

Prolonged Flooding Gives Credit Negative to Geo Energy

JAKARTA (TheInsiderStories) - Indonesian coal miner Geo Energy Resources Limited (B2 negative) announced on 14 June that flooding was affecting coal production and delivery from...

Regulatory, Economic Challenges Weigh Indonesian Coal Miner Earnings

JAKARTA (TheInsiderStories) - Moody's Investors Service says that regulatory and economic developments in Indonesia (Baa2 stable) and China (A1 stable) will weigh on the...

Morning Briefing: Indonesian Market Sluggish, SMGR Acquires 80% Holcim’s Shares

JAKARTA (TheInsiderStories) — Indonesia financial market welcomed the week in the slowdown phase. Rupiah lost its energy, by decreasing 0.78 percent to 14,747 against the...