Investment and Risk
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Kopi Kenangan plans global market expansion in 3 years
Indonesia unicorn company Kopi Kenangan has planned to launch an IPO in the Indonesia Stock Exchange (IDX) although not in the foreseeable future. Instead, the company is focusing on global expansion as a corporate action before the IPO. CEO and Co-founder of Kopi Kenangan, Edward Tirtanata, said the company was in the process of opening new overseas outlets.
Robust market, improvement are fundamentals for investment: Northstar's Patrick Walujo
Northstar’s Co-founder and Managing Partner Patrick Walujo said private equity (PE) companies would need to focus on fundamentals to grab early-stage opportunities in Indonesia due to its vast favorable demographics and macroeconomics indicators as well as robust market.
Hartadinata to open 15 new stores in 2023
Jewelry store company PT Hartadinata Abadi Tbk (HRTA) will open 15 new stores in 2023 through its Capital expenditure of about IDR 50 billion.
Bank BTN focuses Capex on IT security
State-owned lender PT Bank Tabungan Negara Tbk (BTN) will increase its Capital expenditure (Capex) in 2023 by 18% to strengthen its information technology (IT) security system and the development of digital banking services.
Temas acquires new ships through IDR 1 trillion Capex in 2023
Container shipping company PT Temas Tbk (TMAS) has allocated IDR 1 trillion (US$ 64,114,900) of Capital expenditure (Capex) in 2023 to acquire new ships.
Selamat Sempurna targets Capex at IDR 150 billion to help raise sales by 10%
Automotive spare part producer PT Selamat Sempurna Tbk (SMSM) has set IDR 150 billion (around US$ 10 million) Capital expenditure (Capex) in 2023 for maintenance such as line balancing, engine rejuvenation and adding mould-die. It also targets an increase in sales to 10%.
United Tractors allocates US$ 1 billion for its 2023 Capex
Heavy equipment distributor PT United Tractors Tbk (UNTR) is expanding its business by allocating US$1 billion of Capital expenditure (Capex) in 2023 for equipment reconditioning and replacement.
Dharma Polimetal sets IDR 500 billion Capex for expansion
Automotive component company PT Dharma Polimetal Tbk (DRMA) has set its Capital expenditure (Capex) for 2023 at IDR 500 billion, which will be used to expand its subsidiaries.
AKR Corporindo sets IDR 250 billion Capex in 2023
Refined petroleum trading company PT AKR Corporindo Tbk (AKRA) has allocated IDR 250 billion in Capital expenditure (Capex) for 2023 to increase the company's profit growth.
Argha Arya Prima allocates IDR 80 billion Capex for equipment
PT Argha Karya Prima Industry Tbk (AKPI) sets its Capital expenditure (Capex) at IDR 80 billion to maintain machinery and production facilities for its plastic production.
Halal product industry in Indonesia: A brief background and its challenges
As 86.7% of the country's population is registered Muslim, the halal market trends in Indonesia tends to increase significantly, especially these past 10 years. The country is now known as the world's largest domestic halal economy market. The most potential halal products are food, beverages, Muslim clothing, cosmetics, and halal tourism, according to a professor at the Bogor Agricultural University (IPB)'s School of Argoindustrial Technology Khaswar Syamsu.
Indonesia Kendaraan Terminal sets IDR 35 billion for Capex in 2023
Vehicle transportation company PT Indonesia Kendaraan Terminal Tbk (IPCC) has allocated capital expenditure (Capex) for 2023 of between IDR 35 and IDR 40 billion for maintaining infrastructure and the supra structure of its operations.