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Indonesia’s Pelindo III Rating Stable, Pelindo II Downgraded

JAKARTA (TheInsiderStories) - Two state-owned port operator ratings is inversely proportional. Moody's Investor Services has affirmed the Baa3 issuer and senior unsecured ratings PT Pelabuhan Indonesia III (Pelindo III)...

Indonesia’s AKR Enter Power Business, Prepares Investment US$400M

JAKARTA (TheInsiderStories) - Multinational company, PT AKR Corporindo Tbk (AKRA) plan to enter power business as part of its diversification business, said the director...

Indonesia’s Pelindo III Prepares Investment US$460 for 2019

JAKARTA (TheInsiderStories) - Stated-owned port operator, PT Pelabuhan Indonesia III or Pelindo III prepared investment Rp6.44 trillion (US$460 million) for 2019, said the chief...

Doso Agung Leads Indonesia’s Pelindo III, Farid Padang CEO Pelindo IV

JAKARTA (TheInsiderStories) - The country' port operator, PT Pelabuhan Indonesia (Pelindo) III shareholders meeting at the State Owned (SOEs) ministry established Doso Agung as the new...

Two International Investors Joined with Pelindo III Build Kendal Port

Surabaya (TheInsiderStories) - Two international companies, Singapore's PSA International Pte. Ltd., and PT China Communications Construction Engineering Indonesia (CCCEI) joined with state-owned port operator...

Indonesia’s Pelindo III Raises US$500M in Return to Global Bond Market

JAKARTA (TheInsiderStories) -  PT Pelabuhan Indonesia III, also known Pelindo III, has successfully raised US$500 million from selling global bonds on Wednesday (25/04), which...

Indonesian Port Operators Spending Surges to US$2.59B

JAKARTA (TheInsiderStories) - Four state-owned port operators, PT Pelabuhan Indonesia I (Pelindo I), Pelindo II, Pelindo III and Pelindo IV preparede capital expenditure Rp34.5 trillion (US$2.59...

Investment Sharing Creates International Port Class

JAKARTA (TheInsiderStories) – Economies of scale are vitally important in the maritime transportation business; sharing of investment among port operators is becoming a norm. Investments...

Dubai Port, Pelindo III Terminates Strategic Partnership in TPS

JAKARTA (TheInsiderStories) – PT Pelabuhan Indonesia III (Pelindo III), a state-owned port operator and DP World Limited (Dubai Port) agreed to sign a conditional...

Ari Askhara : We Are on Expansion Mode

JAKARTA (TheInsiderStories) Indonesian state-controlled port operator PT Pelabuhan Indonesia III (Pelindo III) is considering selling up to US$1 billion of bonds in 2018 to strengthen...

Pelindo III to Issue US$1 Billion Global Bonds

JAKARTA (TheInsiderStories) - PT Pelabuhan Indonesia (Pelindo) III, a state-owned port operator plans to raise $1 billion from selling global bonds, the company's CEO I.G.N. Askhara...

Pelindo III, Pelindo IV Tie Up with Third Parties to Optimize...

JAKARTA (TheInsiderStories) – State-owned port operators PT Pelabuhan Indonesia III (Pelindo III) and PT Pelabuhan Indonesia IV (Pelindo IV) have signed memoranda of collaboration (MoC) with...