SingCham is the premier business chamber for Singaporean interests in Indonesia. Founded in 2006, SingCham aims to promote the business interests of individuals or companies operating in Singapore and/or Indonesia. SingCham provides networking activities, events, and useful information for its members, and acts as the liaison between the Singaporean business community and the Singapore and Indonesian governments. With a focus on fostering better networking and feedback among members, SingCham is committed to providing valuable resources and insights to help members connect, learn, and grow their businesses in Indonesia. Join SingCham today and become part of a thriving business community that benefits from exclusive resources, networking opportunities, and business insights.
State Electricty Company (PLN) has secured Rp12t debt from syndicated banks to finance 35GW national power plant projects. The syndicated banks are BRI, Mandiri, BNI, BCA, Indonesia Exim Bank and Sarana Multi Infrastructure. The debt will mature in 10 years + 3 years of grace period. PLN has also received loans worth Rp2.45t from those syndicated banks to finance 85% of its investment in its non-government power plant projects in East Kalimantan with a total capacity of 2×110 MW.