28 Apr 2017
Publicly listed coal mining company Indika Energy is back in the black, after being in the red throughout 2016. It recorded a consolidated operating profit of US$8.5 million in the first quarter of 2017, marking a turnaround from a loss of $6.4 million in same period of last year.
5 Apr 2017
A $265m bond from Indonesia’s Indika Energy met with overwhelming demand and priced at the tightest levels by a miner in Southeast Asia for five years, according to bankers on the deal.
6 Mar 2017
Fitch Ratings has affirmed Indonesia-based PT Indika Energy Tbk’s (Indika) Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDR) at ‘CCC’ and assigned a Positive Outlook. Indika’s senior notes due 2018 and 2023 have also been affirmed at ‘CCC’ with a Recovery Rating of ‘RR4′.
21 Jan 2016
Very recently more than two thousands global financial and business leaders participating in the 9th Asian Financial Forum (Hong Kong, 18-19 January 2016) concluded that new paradigm for growth must be adopted in the face of the world’s increasing volatility.
22 Apr 2015
Strong governments with robust and transparent infrastructure master plans and financial contributions from private industry are key to pumping East Asia’s infrastructure pipeline, government and industry leaders told participants at the second day of the World Economic Forum on East Asia.