A new building in progress, LTLS to remain committed to sustainability through subsidiaries

JAKARTA – PT Lautan Luas Tbk (LTLS), a chemical distributor, implements sustainability strategies through two of its subsidiaries, PT Lautan Natur Krimerindo (LNK), and another subsidiary engaged in the supporting services sector. LNK, the manufacturer of FIberCreme, has reportedly installed 1,416 solar panels with total capacity of 635 kilowatt (kW) in its factory in Mojokerto,...

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Managing government’s mining concession, Muhammadiyah to form 2 companies

JAKARTA. Muhammadiyah Central Board, one of the major religion organisations in Indonesia, has formed two companies to manage mining concessions granted by the Indonesian government. Muhadjir Effendy, Head of Muhammadiyah Central Board, said that one of the two companies will serve as a holding company with one other as the operating company. “We have now...

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Vice Minister of Religion: High-quality human resources required for sharia economic centre

JAKARTA – There is a need for capable and reliable human resources to boost Indonesia as sharia economic centre. It is mentioned by Saiful Rahmat Dasuki, Vice Minister of Religion, in a written speech during Islamic Leaders Conference at Menara Syariah, Pantai Indah Kapuk (PIK) 2, Thursday (12/9). “I hope that through this conference, there...

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JSMR owns 26% of shares in Bogor-Serpong Toll Road operator

JAKARTA -PT Jasa Marga (Persero) Tbk (JSMR) made capital investment in PT Bogor Serpong Infra Selaras (BSIS), a joint venture managing Bogor-Serpong via Parung Toll Road. The capital investment took place yesterday (11/9). In the information disclosure quoted Thursday (12/9), Nixon Sitorus, Corporate Secretary and Chief Administration Office (CAO) of JSMR, revealed that four founders...

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