13 Apr 2018
Publicly listed coal miner PT Indika Energy, through subsidiary PT Kariangau Gapura Terminal Energi (KGTE), has signed a service agreement worth US$108 million with PT ExxonMobil Lubricants Indonesia (EMLI) to help the latter develop a new fuel terminal Kalimantan.
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.