by Editor | Jan 7, 2014 | Cases, Law, News
JAKARTA (Yosefardi) – Rudi Rubiandini, dismissed head of SKKMigas, went on trial on Tuesday (January 7th) for his alleged role in a briber case involving some companies. Rudi is accused of accepting SGD200,000 and US$900,000 from Kernel Oil, Singapore, through...
by Editor | Jan 7, 2014 | Finance, Markets, News
JAKARTA (Yosefardi) – Coal producer Adaro Energy (ADRO) lost another 4.8% this morning after losing significantly Monday. More than 77 million shares were exchanged hands in less than two hours of trading. Borneo Lumbung Energi also down 1.76% to its new low,...
by Editor | Jan 7, 2014 | Agriculture, News, Resources
KUALA LUMPUR (Yosefardi) – The benchmark March 2014 contracts of crude palm oil (CPO) declined further by RM25 to RM2579 per ton on Bursa Malaysia derivatives this morning. April 2014 contracts also down RM24 to RM2586 per ton after significant drop on Monday....
by Editor | Jan 6, 2014 | Finance, Markets, News
JAKARTA (Yosefardi) – Property developer Gading Development (GAMA) crashed by 25.6% to Rp61, its new low, Monday (January 6th). The stock was traded as low as Rp55 with over 72 million shares exchanged hands. It gained substantially to Rp105 last week when stock...
by Editor | Jan 6, 2014 | Agriculture, News, Resources
KUALA LUMPUR (Yosefardi) – The benchmark March 2014 contracts of crude palm oil (CPO) dropped RM47 or 1.8% to RM2593 per ton Monday (January 6th). January and February contracts also dropped significantly by RM51 and RM55 to RM2555 and RM2575 per ton...
by Editor | Jan 6, 2014 | Mining, News, Resources
HONG KONG (Yosefardi) – Martabe mine in North Sumatra, operated by HKSE-listed G-Resources, produced 281,478 ounces of gold last year, exceeding the 280,000 ounces target. The output was also well above the mine’s design of 250,000 ounces per annum....
by Editor | Jan 6, 2014 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange (IDX) dropped further by 1.29% to 4202 Monday (Jan 6th), dragged down by regional sentiment. Nikkei 225 fell sharply by 2.35%, while Shanghai composite lost 1.8%. Hang Seng also lost 0.58%, while...
by Editor | Dec 29, 2013 | News, People
PROBOLINGGO (Yosefardi) – A collision between heavy truck and light-truck kills 18 passengers of the light-truck in Probolinggo regency, East Java province Saturday (December 29) evening. The light-truck (pick-up)—a Mitsubishi T 120 SS, loaded with 31...
by Editor | Dec 28, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Shares of property developer Gading Development (GAMA) gained 16.7% Friday (December 27) after stock market authorities resumed its trading. Almost 116 million shares were exchanged hands Friday after one-month of trading suspension...
by Editor | Dec 28, 2013 | Energy, News, Resources
SYDNEY (Yosefardi) – ASX-listed NuEnergy Gas Limited has completed permeability testing program for Muara Enim Pilot Well $2 in South Sumatra, Indonesia. The company has also commenced gas flaring and dewatering of the Muara Enim production sharing contract...
