#Infrastructure
Samudera Indonesia sets US$ 150 million Capex for 2023
Maritime logistics company PT Samudera Indonesia Tbk (SMDR) has allocated US$ 150 million Capital expenditure (Capex) in 2023 to expand its businesses.
Tourism and gaming still lucrative for investors despite global recession threat
Indonesia still offers a great investment prospect in several industries namely tourism and gaming amidst the 2023 global economic recession threat. Speakers at the Indonesia PE-VC Summit by DealStreetAsia (DSA) concluded that Indonesia still provided lucrative investment opportunities.
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.
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.
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.
Humpuss sets US$ 94 million of Capex in 2023
Oil and gas transportation company PT Humpuss Intermoda Transportasi Tbk (HITS) has allocated US$ 94 million or IDR 1.46 trillion of Capex to procure 11 new ships in 2023.
Transcoal Pasific purchases new ships using its Capex
Marine logistics company PT Transcoal Pasific Tbk (TCPI) purchased new ships and paid operational expenses through its 2022 Capital expenses (Capex) worth IDR 300 billion. For next year, the company has allocated IDR 450 billion in Capex.
Indonesian Paradise Property continues its 7 projects in 2023
PT Indonesian Paradise Property Tbk (INPP) sets its Capital expenditure (Capex) to IDR 1 trillion for the year 2023. Its Capex will be used to continue its 7 ongoing projects, despite a threat of global recession.
Golden Eagle Energy to raise coal production target with IDR 25 billion Capex
Mining company PT Golden Eagle Energy Tbk (SMMT) is optimistic to increase its coal production target by 15% to 20% in 2023, compared to the 2022's production, due to its IDR 25 billion capital expenditure (Capex).