Investment and Risk
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Telkom utilizes Capex investment for future development
State-owned enterprise PT Telkom Indonesia Tbk has absorbed its IDR40 trillion capital expenditure (Capex) to develop its support infrastructure in the first quarter of 2022. Among the investments are establishing data centers in Cikarang, Bekasi regency, and increasing the quality of 4G and 5G services to enhance the company's digital quality.
Grand House Mulia prepares IDR50 billion to continue Parkville development
Property and real estate company PT Grand House Mulia Tbk (HOMI) has allocated a budget of IDR50 billion to continue the development of Parkville Serpong with its fourth cluster, Toscana. The capital expenditure (Capex) comes from both internal cash and bank loans.
Bank Mandiri develops digital services
State-owned PT Bank Mandiri Tbk plans to develop digital services to strengthen bank digitalization. Mandiri took half of the total capital expenditure (Capex) worth IDR2 trillion on July 28, 2022.
Mitra Adiperkasa to open hundreds of new outlets
Lifestyle retailer PT Mitra Adiperkasa Tbk (MAPI) plans to expand and open new outlets domestically and abroad in 2022, with capital expenditure (Capex) of IDR390 billion.
Ciputra absorbs IDR200 billion for hospital expansion, warehouse project
Property firm PT Ciputra Development Tbk has absorbed IDR200 billion from its IDR800 billion capital expenditure (Capex) for its hospital expansion and warehouse development in CitraLand Surabaya.
MNCN prepares IDR700 billion to develop Movieland
Media conglomeration PT Media Citra Nusantara Tbk (MNCN) prepares IDR700 billion to finance the development of Movieland in Bogor regency, West Java, in 2022. The first phase of the development is scheduled to be finished by the end of this year.
Metland absorbs Capex for land, infrastructure acquisition
Property firm PT Metropolitan Land Tbk (Metland) has focused on developing the company through its capital expenditure (Capex) of IDR650 billion beginning 2022. However, only IDR210 billion has been absorbed in the first quarter of 2022.
Inti Bangun Sejahtera builds new towers, fiber optic cables
Telecommunication tower firm PT Inti Bangun Sejahtera Tbk (IBST) is focusing on building telecommunication towers and fiber optic cables in 2022 to accommodate other Indonesian providers. This year, the company will aggressively finish the predetermined targets.
Habco Trans Maritima plans to enter international shipping sector
Marine logistics company PT Habco Trans Maritima Tbk (HATM) is entering international shipping business after its initial public offering (IPO) to the Indonesia Stock Exchange (IDX) on July 26, 2022. Habco will use the IPO funds in procuring vessels for its expansion to the shipping business this year.
Makmur Berkah Amanda focuses on its Halal Industrial Park
Property developer PT Makmur Berkah Amanda Tbk is investing IDR90 billion in capital expenditure (Capex) to develop the Halal Industrial Park Sidoarjo (HIPS). PT Bank Central Asia (BCA) Tbk, the country's biggest private bank, will provide the loans for the 2022 Capex.
Central Omega keeps on focusing on smelter development
Publicly listed nickel miner PT Central Omega Resources Tbk is focusing on domestic mining and the development of its second smelter factory in North Morowali, Central Sulawesi in July 2022. The company will also export its products to China, the biggest nickel importer in the world.
Nongsa SEZ still requires IDR20 trillion in investment
The government sets its eyes on Nongsa Special Economic Zone (SEZ) and keen to accelerate its IDR60 trillion investment that has yet to achieve. The development of Nongsa focuses on economic digitization on the pretext of being able to contribute to Indonesian economy in the IT field. Currently, there are only 11 data center companies that have allocated their capital and electricity needs of IDR14 trillion and 125MW (megaWatts).