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Indonesia’s Waskita Seeks US$246M from Bond Issuances

Jakarta (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to release local bond worth of Rp3.5 trillion (US$246.47 million), said the...

Indonesia’ Waskita to Earn Funds US$2B in This Year

Jakarta (TheInsiderStories) - PT Waskita Karya Tbk (IDX: WSKT) hoped to earn fresh funds up to Rp30 trillion or US$2.11 billion from projects using the...

Indonesia’s Jasa Marga Issues SUKUK Bonds US$56M

JAKARTA (TheInsiderStories) - Unit of Indonesian toll road developer, PT Jasa Marga Tbk (IDX: JSMR) issued Islamic bond (SUKUK) worth of Rp785 billion (US$56.07...

115 National Strategic Projects of Widodo’s First Term Postponed

JAKARTA (TheInsiderStories) – The realization of the National Strategic Project (NSP) experiencing significant obstacles, starting from the stage of preparation, transaction or auction to...

Indonesia’s Waskita Raises Funds US$128.67 from Bond Issuances

JAKARTA (TheInsiderStories) – Indonesian toll road developer,  PT Waskita Karya Tbk (IDX: WSKT) raised funds Rp1.84 trillion (US$128.67 million) from a bond issuances. While, its...

Indonesia’s Jasa Marga to Publishs Two-Debt Instruments US$140M in 2019

JAKARTA (TheInsiderStories) – Indonesian toll-road developer, PT Jasa Marga Tbk (IDX:JSMR) to publish coupon and zero coupon bonds, with total amount Rp2 trillion (US$140.84...

Indonesia’s Jasa Marga Targets $71B from DINFRA

JAKARTA (TheInsiderStories) - PT Jasa Marga Tbk (IDX:JSMR) registered the Infrastructure Investment Fund (DINFRA) Toll Road Mandiri worth of Rp423.5 billion (US$30.25 million) on...

Subianto Promises to Slice Electricity Price, Widodo Extends Autonomy Fund

JAKARTA (TheInsiderStories) – In his political trip to Bali and West Nusa Tenggara, Candidate President Prabowo Subianto promised to decrease electricity tariffs and basic...

Indonesia’s Hutama Karya Prepares Investment US$3.21B

JAKARTA (TheInsiderStories) - Indonesian toll operator, PT Hutama Karya (HK) prepares investment up to Rp45 trillion or US$3.21 billion this year, said the chief...

Morning Briefing: May Seeks Another Brexit Negotiation with EU

JAKARTA (TheInsiderStories) -- United Kingdom (UUK) House of Common will have another vote over Brexit, as Premier Theresa May expects for more negotiations to...

Indonesia’s Waskita to Issues Local Bond US$345M in 2019

JAKARTA (TheInsiderStories) - A state-owned construction firm, PT Waskita Karya Tbk (IDX: WSKT) planned to issue Rp5 trillion (US$344.82 million) bond, in the second semester of...

Indonesia’s Jasa Marga Prepares Capex US$1.8B in 2019

JAKARTA (TheInsiderStories) - After operating the Trans Java toll road, publicly listed PT Jasa Marga Tbk (IDX: JSMR) immediately stepped out to get a...

Transportation Integration for Jakarta and Surrounding Areas Need Costs US$41B

JAKARTA (TheInsiderStories)-  Toll Road Management Agency for Jakarta and surrounding areas required funds of Rp600 trillion (US$41.38 billion) to implement integrated Transportation Master Plan...

Jakarta Tollroad Development Received Loan US$931M

JAKARTA (TheInsiderStories) – Indonesian toll road operator, PT Jakarta Tollroad Development (JTD) signed a syndicated loan agreement worth of Rp13.7 trillion (US$931.27 million). The...

Indonesia’s Adhi Karya to Construct Solo-Yogyakarta Toll Roads in 2019

JAKARTA (TheInsiderStories) - PT Adhi Karya Tbk (IDX: ADHI), a state-owned construction company, aims to start the construction of the Solo - Yogyakarta toll road...

Indonesia Offers Six Toll Road Projects Costs US$8B

JAKARTA (TheInsiderStories) - Indonesia's Toll Road Regulatory Agency offered six toll road projects with an investment value of Rp124 trillion (US$8.67 billion) to be...

Policy Review: SOEs More Agressives Build Toll Roads Amid Liquidity Concern

JAKARTA (TheInsiderStories) - Two state-owned enterprises (SOEs), PT Wijaya Karya Tbk (IDX: WIKA) and PT Jasa Marga Tbk (IDX: JSMR) will operate and build new toll...

Indonesia WIKA, Philippine Consortium Constructs US$1.25B’s Toll Road Project in Manila

JAKARTA (TheInsiderStories) - Indonesian construction firm PT Wijaya Karya Tbk (IDX: WIKA) with Citra Manila Consortium, consisting of PT Citra Persada Infrastruktur, PT Citra Nusaphala Marga...

Jasa Marga Secures $561M Loan to Build Batang Toll Road

JAKARTA (TheInsiderNetwork) - State-owned toll operator PT Jasa Marga Tbk (IDX: JSMR) has obtained syndicated loan amounting Rp7.73 trillion (US$561 million) to finance Batang - Semarang...

Status Updates of Indonesia’s National Strategic Projects

JAKARTA (TheInsiderStories) - The administration of President Joko Widodo is ratcheting up infrastructure spending, with priorities set in logistic, energy and transportation sectors. Indonesia needs...

Waskita, Jasa Marga Seek US$582M from Toll Roads Divestment

JAKARTA (TheInsiderStories) - State-owned construction firm PT Waskita Karya Tbk (IDX: WSKT) and state-owned toll operator company PT Jasa Marga Tbk (IDX: JSMR) are planning to...

Government May Slash Toll Road Tariffs, Operators Welcome

JAKARTA (TheInsiderStories) - President Joko Widodo summoned Minister of Public Works and People's Housing Basuki Hadimuldjono, Minister of Transportation Budi Karya Sumadi, and several...

WIKA to Start the Construction Serang-Panimbang Toll Road

JAKARTA (TheInsiderStories) - State owned construction company, PT Wijaya Karya Tbk Persero (IDX:WIKA) will soon start the construction Serang-Panimbang toll road (83.7km) under Toll Road...

Waskita Obtains Loan US$75M to Build Salatiga-Kartasura Toll Road

JAKARTA (TheInsiderStories) – State-owned construction company PT Waskita Karya Persero Tbk, (IDX:WSKT) has secured a syndicate loan amounted Rp1 trillion or US$75 million to fund...

Wijaya Karya Offers Global IDR Bonds US$400M

JAKARTA (TheInsiderStories) - Publicly listed construction firm, PT Wijaya Karya Tbk (IDX: WIKA) is ready to offer US$400 million (Rp5.3 Trillion) global IDR bonds...

Indonesia Toll Road Regulator Raises Tariffs on 9 Toll Roads

JAKARTA (TheInsiderStories) - The Toll Road Regulatory Agency (BPJT) has decided to adjust the tariffs of nine toll roads, starting Dec. 8. Head of BPJT Herry...

Jasa Marga seeks $7.3 billion by 2019 for New Tolls

JAKARTA (TheInsiderStories) - State-owned toll road operator PT Jasa Marga (Persero) Tbk (IDX: JSMR) is gearing up to raise funds from the capital market...

Waskita Rebuffs Suitors, Cancels Divestment

JAKARTA (TheInsiderStories) - State-owned construction firm, PT Waskita Karya Tbk (IDX:WSKT) has announced that the rights issue and divestment of PT Waskita Toll road...