A number of companies from Indonesia and China sealed deals worth a total of US$28.2 billion on Thursday following a high-ranking meeting between President Susilo Bambang Yudhoyono and his visiting Chinese counterpart Xi Jinping the previous day.
Read MoreOn all levels: OBG talks to Arsjad Rasjid, President Director and Group Co-CEO, Indika Energy; Sinthya Roesly, CEO, Indonesia Infrastructure Guarantee Fund; and Raj Kannan, Managing Director, Tusk Advisory.
Read MoreIndika Energy, an integrated coal miner, netted $485 million in a bond sale last week, funds that will be used to pay off bank loans and refinance other debt.
Read MoreFitch Ratings has rated Indika Energy’s proposed bonds, to be sold by a special purpose vehicle subsidiary, at B+ with a “positive outlook”.
Read MoreEnergy and Mineral Resources Minister Jero Wacik launched the first unit of a coal-fired power plant (PLTU) in Cirebon, West Java to supply electricity to Bali and Java. Indika Energy owns a 20 percent stake in the power plant.
Read MoreSpeaking global level business institutions, reference is often drawn to the West or East Asia (Japan, China and Korea). Stereotype was apparently broken PT Indika Energy Tbk., the integrated energy companies into one global portrait of an Indonesian company that is growing and growing very rapidly in a relatively short time.
Read More