by Yohanes Obor | Jan 19, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.23% at 4492 Tuesday (Jan. 19) but trade was volatile. The index moved up and down at range of between 4465-4499. Asian shares closed mostly higher on Tuesday as Shanghai...
by Yohanes Obor | Jan 19, 2016 | Finance, Global Finance, News
SINGAPORE (Yosefardi) – Trikomsel Pte. Ltd. is now pursuing the restructuring of its SG$215 million debt. The debt consists of SG$115 million senior fixed rate notes (FRN) with annual coupon rate of 5.25% due this year, and SG$100 million senior fixed rate notes...
by Yohanes Obor | Jan 19, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – PT Wika Gedung, subsidiary of state construction firm PT Wijaya Karya Tbk (WIKA), targets new contracts of Rp5 trillion this year, compared to Rp4.4 trillion last year. Wika Gedung booked new contractd of Rp2.2 trillion last year. WIKA...
by Yohanes Obor | Jan 19, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Indosat Ooredoo Tbk (ISAT) plans to issue bonds worth Rp3.5 trillion in third quarter of 2016. The bond proceed will be used to fund its capital expenditure (capex) and to refinance debt maturing this year. As at September 2015,...
by Yohanes Obor | Jan 19, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – Property developer PT Pakuwon Jati Tbk (PWON) targets to book marketing sales of Rp3.1 trillion this year, equal to last year. Landed residential contributed 52% sales last year while condominium contributed 48%. PWON allocates capital...
by Yohanes Obor | Jan 19, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – Toll road operator PT Citra Marga Nusaphala Persada Tbk (CMNP) is now talk or negotiation with Credit Suisse AG Singapore and 5 local institutions, for acquiring 71% shares of PT Nusantara Infrastructure Tbk (META). Now Credit Suisse holds 43%...
by Yohanes Obor | Jan 19, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.37% at 4498 this morning inline with regional markets ahead of the release of China data for the fourth quarter of 2015. Asian shares slightly gained in midmorning trade...
by Yohanes Obor | Jan 18, 2016 | Industries, News, Transportation
SINGAPORE (Yosefardi) – In December 2015, Singapore Airlines’ systemwide passenger load factor (PLF) improved 0.3 percentage points to 82.1%. Compared to last year, passenger carriage (measured in revenue passenger kilometres)decreased at a slower pace of 0.7%...
by Yohanes Obor | Jan 18, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed lower 0.94% at 4481 Monday (Jan. 18) inline with most markets in region. While China shares edged up Monday following a roller-coaster week, reflecting moves by Chinese...
by Yohanes Obor | Jan 18, 2016 | Finance, Investments, News
FLORIDA (Yosefardi) – The Templeton Global Income Fund invested 7.6% of its total net assets (US$972.22 million) in Indonesia as of December 31, 2015. Investment in fixed income accounted for 81.2% while the rest invested in cash and other assets. In Asia, Templeton...