CORRECTED PRESS RELEASE: Seaborn Charts Course After Successful Emergence from Chapter 11 of Seabras-1 Entities

BOSTON, July 10, 2020 (GLOBE NEWSWIRE) — Following the successful emergence from Chapter 11 of Seabras-1 entities, leading subsea cable systems operator Seaborn, today announced the appointments of board members Pete Hayes and Don Shassian, as Interim CEO and Interim CFO, respectively. “We are excited about the future and sincerely thank all of our employees, customers, providers […]

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National steel producer PT GRP pumps in Rp12 trillion investment

Jakarta National steel producer PT Gunung Raja Paksi Tbk (GRP) invested an additional US$850 million, or some Rp12 trillion, to boost production efficiency and to facilitate market expansion. “We want to ensure our increasingly solid position as a market leader in the national steel industry,” PT GRP Tbk President Director Tony Taniwan noted in a statement here on Saturday. The two-staged investment process comprises $370 million (Rp5.2 trillion) in funds disbursed for the 2019-2021 period under the first phase and $480 million (Rp6.8 trillion) for the 2021-2023 period in the…

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Pontianak SAR team looks for missing MV Cahaya Baru

  Pontianak, West Kalimantan Pontianak and Sintete Post search and rescue (SAR) Team is looking for MV Cahaya Baru, with 16 crew members and passengers, reportedly missing after engine breakdown and going adrift off Muri Isle, Sambas, West Kalimantan. “MV Cahaya Baru departed from Pemangkat, Sambas, toward Serasan Island, Riau Islands. However, when it was on its way to enter Muri Isle, its shaft engine broke and went adrift at sea,” Yopi Haryadi, head of the Pontianak SAR Office, stated here on Saturday. Haryadi received a report on the broken…

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Lake Toba development continues despite pandemic: Luhut Pandjaitan

  Jakarta Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan has made assurance that development of the Lake Toba tourist area in North Sumatra Province was not impeded by the COVID-19 pandemic. This was apparent from the compensation presented by the Lake Toba authority for land acquisition and a groundbreaking ceremony marking the development of 10 tourism villages of the Lake Toba tourism area on Friday, July 10, 2020. “These two achievements prove that the COVID-19 pandemic is not an obstacle for us to go ahead,” Pandjaitan noted in…

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Jakarta Police confirm Metro TV editor Yodi Prabowo’s murder

Jakarta The Jakarta Police confirmed that Metro TV editor Yodi Prabowo was murdered, with stab wounds on his neck and chest. However, the perpetrator and motive behind the attack yet remain ambiguous, Commissioner Yusri Yunus, the Jakarta Metro Jaya Police spokesman, noted here on Saturday. The victim’s valuables, including a motorbike and personal equipment, were found near his body. The police also found a knife on the victim’s jacket. “Later, the investigation team will reach a conclusion on the matter. If (his belongings) had gone missing, the initial suspicion would…

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Digitization of press, broadcasting must soon be materialized: Amin

Jakarta Vice President Ma’ruf Amin laid emphasis on materializing digital transformation in press and broadcasting as part of the major national development agenda to boost competitiveness at the global level. “As a major national development agenda, digital transformation in broadcasting and press needs to be materialized. One of the priorities in accelerating digital transformation is digitization in the broadcasting sector,” the vice president noted in his remarks during the presentation event of the Syiar Ramadhan Award by the Indonesian Broadcasting Commission (KPI) here on Saturday. There is a pressing need…

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