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Indonesia’s United Tractors Gives Loan to Acset Indonusa US$169M

JAKARTA (TheInsiderStories) - Indonesia' heavy equipment distributor, PT United Tractors Tbk (IDX: UNTR) give fresh loans Rp2.4 trillion (US$169.01 million) to its unit PT...

Indonesia’s United Tractors Officially Acquires Martabe Gold Mine

JAKARTA (TheInsiderStories) - Indonesian miner, PT United Tractors Tbk (IDX: UNTR), through its subsidiary PT Danusa Tambang Nusantara, officially became a shareholder of Agincourt...

Indonesia’s Astra Raises Capex for Acquisition Plans

JAKARTA (TheInsiderStories) - President Director of PT Astra International Tbk (IDX: ASII) Prijono Sugiharto said this year' capital expenditure (capex) will escalate to around Rp30...

Industry Review: Signs of Recovery in Heavy Equipment Industry

JAKARTA (TheInsiderStories) – The heavy equipment industry has been hit hard in the past three years, driven by the fall of commodity prices, in...