by Yohanes Obor | Feb 3, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) regained and closed up 0.19% at 4596 after moving at red zone during the day trading. Global shares stumbled Wednesday after another steep drop in the price of oil reinforced worries...
by Yohanes Obor | Feb 3, 2016 | Chemical, Industries, News
PADANG (Yosefardi) – Cement producer PT Semen Padang, subsidiary of state cement maker PT Semen Indonesia Tbk (SMGR), posted a 3.3% decline in domestic cement sales during 2015. Benny Wendry, president director of Semen Padang, attributed the decline in the...
by Yohanes Obor | Feb 3, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – The Ministry of Public Works and Public Housing (Kemen-PUPR) said Hungary plans to provide US$50 million loan for Indonesia, to fund Water Supply Program and Small Scale Water Treatment Plant for Water Scarcity. Indonesia and Hungary have...
by Yohanes Obor | Feb 3, 2016 | Finance, Investments, News
SURABAYA (Yosefardi) – Daesang Corporation, holding company of PT Miwon Indonesia, plans to build sweetener factory in East Java, with investment cost of US$40 million, Bisnis.com reported. The Investment Coordinating Board (BKPM) has awarded principal permit to...
by Yohanes Obor | Feb 3, 2016 | Energy, News, Resources
IRVING/TEXAS (Yosefardi) – Exxon Mobil Corporation Tuesday (Feb. 2) announced estimated 2015 earnings of $16.2 billion compared with $32.5 billion a year earlier. Higher Downstream and Chemical earnings were offset by sharply lower commodity prices in the...
by Yohanes Obor | Feb 3, 2016 | Energy, News, Resources
PARIS (Yosefardi) – Total has signed long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned Indonesian company Pertamina for the supply of LNG volumes increasing from 0.4 to 1 million tons per year over a period of 15 years beginning...
by Yohanes Obor | Feb 3, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.78% at 4551 this morning inline with regional and global markets. Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2% overnight amid a...
by Yohanes Obor | Feb 2, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.8% at 4587 Tuesday (Feb. 2) following regional markets. Asian shares fell on Tuesday as crude oil prices slid on oversupply fears and after downbeat manufacturing data...
by Yohanes Obor | Feb 2, 2016 | Mining, News, Resources
SYDNEY (Yosefardi) – Finders Resources Ltd produced 494 tons of copper cathode in the quarter ended December 2015 from Wetar Copper Project, Wetar island. Sales were 280 tons at an average price of US$2.08/lb. Earthworks construction continues to perform in line...
by Yohanes Obor | Feb 2, 2016 | Mining, News, Resources
SYDNEY (Yosefardi) – Western Mining Network (WMN) said further discussions were undertaken with Mining One regarding their requirements to produce a JOCR resource statement for Tamboli. A work schedule has been developed for the project on the basis that the...
