The government plans to limit coal production in 2015-2030.
Quota is likely set at 425 million tons/year. In addition, domestic consumption of coal is assumed to be 98 million tons/year and up 8%/year. The policy will be introduced in October 2014. (Kontan)
PT Indosat Tbk (ISAT, Rp 3.885) ongoing plans to issue bonds of worth a total of IDR 10 trillion. For the first phase, the company will issue bonds worth of IDR 2 trillion to 3 trillion. Funds from the bond issuance will be used to restructure debt and fund capital expenditures. (Bisnis Indonesia)
Otoritas Jasa Keuangan (OJK) preparing a draft of six rules of Sharia Capital Market which is expected to be completed before the end of 2014. The rules were set up to facilitate the issuance of Sharia securities in the capital markets. (Bisnis Indonesia)
PT Pembangunan Jaya Ancol Tbk (PJAA, Rp1,200) intends to build an international recreation parks worth IDR 1.6 trillion, that is conveniently located next to the Dunia Fantasi, Ancol. Construction began in 2016 and will start operating in 2018. (Bisnis Indonesia)
for Indonesia Market Summaries 19 August 2014
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