Investment and Risk
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Waskita Sriwijaya Tol receives IDR 462.61 billion capital injection
PT Waskita Sriwijaya Tol (WST) has received additional capital injection of IDR 462.61 billion (US$ 30.53 million) to optimize its performance.
Blue Bird provides IDR 2 trillion Capex to buy 6,000 new vehicles
Indonesia's biggest taxi operator PT Blue Bird Tbk (BIRD) will expand its business by providing IDR 2 trillion (US$ 132 million) capital expenditure (Capex) to purchase 6,000 new vehicles in 2023.
Mitra Keluarga to expand business with 3 new hospitals
Hospital operator PT Mitra Keluarga Karyahealth Tbk (MIKA) has prepared IDR 800 billion (US$ 52.8 million) capital expenditure (Capex) in 2023 for adding 3 new hospitals, purchasing medical equipment and improving service quality.
Pertamina Hulu Energi sets IDR 86.26 trillion Capex to acquire rights for Masela block
PT Pertamina Hulu Energi (PHE) has allocated IDR 86.26 trillion (US$ 5.7 billion) Capital expenditure (Capex) in 2023to acquire Shell's 35% participating interest (PI) in the Liquefied Natural Gas (LNG) Abadi Masela block.
Kalbe Farma allocates IDR 1 trillion to achieve 15% growth target
Privately owned pharmaceutical company PT Kalbe Farma Tbk (KLBF) has allocated IDR 1 trillion (US$ 65.9 million) Capital expenditure (Capex) to achieve revenue growth of 15% or IDR 33 trillion in 2023.
Telkom budgets IDR 40 trillion Capex in 2023
Indonesian multinational telecommunications conglomerate PT Telkom Indonesia Tbk (TLKM) has budgeted IDR 40 trillion (US$ 2.64 billion) Capital expenditure (Capex) for 2023, or 25% of the total estimated revenue, for developing mobile, broadband and data center.
Wijaya Karya Beton eyes IDR 8.6 trillion contracts on infrastructure projects
PT Wijaya Karya Beton Tbk (WTON), a subsidiary of state-owned construction company PT Wijaya Karya Tbk (WIKA), has eyed IDR 8.6 trillion (US$ 570.4 million) contracts to support the government's massive infrastructure projects.
Dharma Satya Nusantara allocates IDR 800 billion of Capex in 2023
Palm oil and wood products producer PT Dharma Satya Nusantara Tbk (DSNG) has allocated IDR 800 billion (US$ 53,152,800) Capital expenditure (Capex) in 2023 for the construction of two palm oil factories.
J Resources Asia Pasifik sets US$ 100 million Capex for 2023
Gold producer PT J Resources Asia Pasifik Tbk (PSAB) has set US$ 100 million in Capital expenditure (Capex) for 2023, mostly for its Doup gold mining project.
Bank Central Asia allocates IDR 8.7 trillion Capex for new data center
The largest privately owned PT Bank Central Asia Tbk (BCA) allocates Capital expenditure (Capex) of IDR 8.7 trillion (US$ 583.7 million) in 2023 for a new data center infrastructure.
Opportunities and risks faced by beauty giants in Indonesia
The cosmetic industry in Indonesia is growing at a fast pace, due to the rising consumers' demand and an expanding market for cosmetics. On average, the per capita consumer spending on cosmetics and toiletries in Indonesia amounted to US$ 20.2, statisca.com reported. The value is predicted to increase by US$ 7 by 2024, indicating sustained growth of the market.
P2P lending faces growing concerns over non-performing loans
The Financial Services Authority (OJK) reported a significant increase in non-performing loans (NPLs) for over 90 days from fintech P2P lending platforms. As of October 2022, the NPLs had risen to IDR 1.42 trillion (US$ 95.3 million), a 140.78% increase from from the previous year of IDR 593.44 billion.