• Pembangunan Perumahan Lists PP Properti on Indonesia Stock Exchange

    Pembangunan Perumahan (PP), an Indonesia-based government-controlled construction and investment company, plans to list its subsidiary PP Properti on the Indonesia Stock Exchange through an initial public offering (IPO). The subsidiary is expected to list 30 percent of its shares on the stock exchange and aims to raise between IDR 1.2 and 1.5 trillion (roughly USD $119 million) through this corporate action. The IPO is planned to be conducted in the first quarter of 2015. The possible lead underwriters are Mandiri Sekuritas and Bahana Securities.

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  • Indonesia Investments' Newsletter of 30 March 2014 Released

    On 30 March 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic matters such as the rupiah exchange rate, a prognosis of March inflation, the legislative election, the introduction of a new stock portfolio, an oil refinery tender, infrastructure, and more.

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  • Business Opportunities in Indonesia: the Cleaning Service Industry

    One of the sectors in Indonesia that has posted double-digit growth in recent years and is forecast to continue growing is the country's cleaning service industry. As Indonesia's property & real estate, hospitality and public service sectors have grown significantly amid economic growth, increasing demand for cleaning services has emerged. The Association of Indonesian Cleaning Service Enterprises (Apklindo) stated that turnover in Indonesia's cleaning service sector was IDR 60 trillion (USD $5.3 billion) in 2013 and will grow a further 15 percent in 2014.

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  • IPO of State Port Operator Pelindo III after Indonesia's 2014 Elections

    Pelabuhan Indonesia III (better known as Pelindo III or Indonesia Port Corporation III), the state-owned company that is responsible for the management, regulation, maintenance and operation of ports in Central Java, East Java, Bali, South Kalimantan, Central Kalimantan, West Nusa Tenggara and East Nusa Tenggara, may conduct its initial public offering (IPO) on the Indonesia Stock Exchange in the fourth quarter of 2014 if market conditions are conducive after the legislative and presidential elections of 2014.

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