• Coal Mining Industry: Price Remains High on Robust Chinese Demand

    Coal demand remains high, particularly due to robust demand from China, the world's largest coal importer. This brings the projection for the full-year 2018 coal price to the range of USD $98.50 - $107.00 per metric ton. So far this year the coal price (ICE NewCastle Coal January 2018) surged around 4 percent, while in full-year 2017 the price had surged 57.09 percent.

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  • Renewable Energy Indonesia: Rising Geothermal Power Capacity

    The Indonesian government aims to add 250 MW to the nation's installed geothermal power plants' production capacity in 2018. Based on data from Indonesia's Energy and Mineral Resources Ministry, Indonesia's geothermal power capacity stood at 1,808.5 MW at the end of 2017, below the government's target of 1,858.5 MW. Although the production figure is rising, Indonesia only taps 10.3 percent of its geothermal potential.

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  • Dozens Injured as Part of Indonesia Stock Exchange Building Collapses

    Just as the people working in the Indonesia Stock Exchange building (Central Jakarta) were preparing for the lunch break, an indoor balcony, located in the main hall of the building, collapsed. The balcony fell into the ground level, just after 12 o'clock noon, in Tower 2. According to local media, dozens of people are injured and transported to nearby hospitals.

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  • GMF AeroAsia Allotted $100 Million to 2018 Capital Expenditure Budget

    Garuda Maintenance Facility AeroAsia (GMF AeroAsia), the aircraft maintenance and repair unit of Indonesia's national flag carrier Garuda Indonesia, allotted USD $100 million to its capital expenditure budget in 2018. This includes the funds that are required for the company's expansion plans to the Middle East. GMF AeroAsia raised IDR 1.13 trillion (approx. USD $84 million) through an initial public offering (IPO) on the Indonesia Stock Exchange in 2017.

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