Investment and Risk
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Sinar Mas Land, KUMPUL.ID support startups in finding investors through DNA Demoweek
Real estate development company Sinar Mas Land (SML) and entrepreneur ecosystem builder KUMPUL.ID held the Digital Hub Next Action (DNA) Demoweek to support startups in finding angel investors, venture capitalists, and investors.
Bukit Asam sets IDR 6.4 trillion Capex for business expansion, investment opportunities
State-owned coal mining company PT Bukit Asam Tbk (PTBA) has budgeted IDR 6.4 trillion (US$ 413.7 million) Capital expenditure (Capex) in 2023, more than double its 2022's Capex of IDR 2.9 trillion, for business expansion and investments in its subsidiaries.
Mitratel to continue acquiring towers through IDR 7 trillion Capex
Telecommunication firm PT Dayamitra Telekomunikasi Tbk (MTEL) has allocated IDR 7 trillion (US$ 452.4 million) Capital expenditure (Capex) in 2023 to acquire telecommunication towers.
Broom receives IDR 122 billion funding in 2023
Auto financing startup Broom received an 'A' series investment injection worth IDR 122 billion (US$ 7.9 million) from Singapore-based venture capital company Openspace Ventures for its digitalization process.
Tanrise Property allocates IDR 600 billion Capex for warehouse, hotel
Property developer PT Jaya Sukses Makmur Sentosa Tbk (RISE) has allocated IDR 600 billion (US$ 39 million) Capital expenditure (Capex) in 2023 for several projects, including warehouse and hotel.
Adhi Karya budgets IDR 1.1 trillion Capex for toll road projects
State-owned construction engineering company PT Adhi Karya Tbk (ADHI) has allocated IDR 1.1 trillion (US$ 71.86 million) Capital expenditure (Capex) in 2023 for the construction of toll road projects and water supply system.
PGN sets US$ 458 million Capex for construction of 400,000 housing gas network
State-owned gas transportation and distribution firm PT Pertamina Gas Negara Tbk (PGAS), more popular as PGN, has set US$ 458 million (IDR 7 trillion) in Capital expenditure (Capex) for 2023 to facilitate the construction of 400,000 gas network for housing.
Indo Tambangraya sets IDR 1.29 trillion Capex for greenfield project
Coal supplier company PT Indo Tambangraya Megah Tbk (ITMG) has budgeted IDR 1.29 trillion (US$ 84.3 million) for its 2023 Capital expenditure (Capex) to support its greenfield project.
Siantar Top allocates IDR 430 billion Capex to raise production capacity in 2023
Snacks and consumer goods company PT Siantar Top Tbk (STTP) has allocated IDR 430 billion (US$ 28.14 million) Capital expenditure (Capex) in 2023 to add more machinery and working capital.
Sampoerna Agro budgets IDR 400 billion for 2023 Capex
Oil palm and rubber plantation company PT Sampoerna Agro Tbk (SGRO) has budgeted IDR 400 billion (US$ 26.2 million) for its 2023 Capital expenditure (Capex) for plantation development and fixed asset maintenance.
Ciputra to focus IDR 1 trillion Capex on construction projects, land acquisition
Property developer PT Ciputra Development Tbk (CTRA) has allocated IDR 1 trillion (US$ 65.6 million) Capital expenditure (Capex) in 2023 for its construction projects and land acquisition.
Sawit Sumbermas budgets IDR 1 trillion Capex to prep up production increase
Palm oil company PT Sawit Sumbermas Sarana Tbk (SSMS) has allocated IDR 1 trillion (65.6 million) Capital expenditure (Capex) in 2023 for planting plants and has targeted a 15% production increase.