by Yohanes Obor | Dec 7, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT PP Tbk (PTPP) plans to set up new subsidiary, PT PP Energi, engaging in electricity business. PTPP will inject Rp1.5 trillion to PP Energi which will have assets of Rp400-600 billion. Currently, PTPP’s power plant capacity reaches...
by Yohanes Obor | Dec 7, 2015 | Energy, News, Resources
MANILA (Yosefardi) – The Asian Development Bank (ADB) has approved assistance of $600 million for Indonesia’s state electricity corporation, Perusahaan Listrik Negara (PLN), to carry out major power transmission and distribution system upgrades in Sumatra. The...
by Yohanes Obor | Dec 7, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.48% at 4530 this morning following regional markets. Asian stocks rose after a U.S. employment report boosted optimism in the world’s largest economy, with Japanese...
by Yohanes Obor | Dec 4, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.64% at 4508 Friday (Dec. 4) following regional markets. Asian shares joined a global markets slump on Friday after the European Central Bank’s stimulus package fell...
by Yohanes Obor | Dec 4, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Average price of Indonesian crude oil (ICP) in November 2015 was US$41.44 per barrel, declined from US$43.68 in previous month. The decline was in line with declining crude oil price in international market due to expectation of commercial crude...
by Yohanes Obor | Dec 4, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Agris Tbk (AGRS) plans to issue 1.27 billion new shares, through preemptive rights scheme, representing 23.8% of its enlarged shares capital. The exercise price is set at Rp100 per share, to raise total proceeds of Rp127 billion....
by Yohanes Obor | Dec 4, 2015 | Automotive, Industries, News
HONG KONG (Yosefardi) – Geely Automobile Holdings Limited’s total sales volume for the month of November 2015 was 51,367 units, an increase of approximately 15% over the same period last year and up approximately 4% from October 2015. The Group’s exports volume was...
by Yohanes Obor | Dec 4, 2015 | Mining, News, Resources
HONG KONG (Yosefardi) – G-Resources Group Limited has been informed about the buying execution over its interest in the Martabe Mine. The Buyers have entered into all of the relevant debt financing documents with its lenders. The Escrow Agent that the full...
by Yohanes Obor | Dec 4, 2015 | Finance, Investments, News
AUSTIN (Yosefardi) – Mozido, a provider of mobile wallets for payment and commerce solutions, today announced it has launched NFC mobile payment and loyalty services for Telkomsel Indonesia, in partnership with Verifone Mobile Money and financial services...
by Yohanes Obor | Dec 4, 2015 | Finance, Investments, News
SINGAPORE (Yosefardi) – PropertyGuru Group, Asia’s leading online property portal group, has acquired RumahDijual.com, one of Indonesia’s leading property websites, for an undisclosed amount. This comes on the back of its latest acquisition of...
