Banten Governor Banned from Overseas Travel

Banten Governor Banned from Overseas Travel

JAKARTA (Yosefardi) – The Corruption Eradication Commission (KPK) has asked Immigration Office to ban Banten governor Ratu Atut Choisiyah from overseas travel following the arrest of his brother in a bribery case. Johan Budi SP, spokesperson of KPK, said Atut is...
Palm Oil Retreats to Below RM2300

Palm Oil Retreats to Below RM2300

JAKARTA (Yosefardi) – Crude palm oil (CPO) retreated RM21 to RM2290 per ton for the benchmark December 2013 contracts on Bursa Malaysia Derivatives Thursday (Oct 3rd). January 2014 contracts also down RM19 to RM2293 per ton, while February 2014 contracts down to...
Blue Chips Lift Index 1.64%

Blue Chips Lift Index 1.64%

JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange (IDX) opened higher by 1.64% Wednesday (Oct 2nd) morning, lifted by blue chip stocks. In the region, All Ordinaries cuts its gain to 0.07%, while Nikkei 225 lost 0.71%. STI also down 0.2%, while...

Regional, Rupiah Drag Down Index 2.43%

JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange (IDX) ended substantially lower by 2.43% to 4316 Monday (Sept 30), dragged down negative sentiment from the region and weakening of rupiah. In the region, Nikkei 225 plummeted 2.06%, while S&P...

Betonjaya’s First Half Profit Falls 34.6%

JAKARTA (Yosefardi) – Iron and steel producer PT Betonjaya Manunggal (BTON) Tbk booked net profit of Rp9 billion in the first half ended June 30, 2013, dropped by 34.6% from the corresponding period of 2012. Betonjaya generated sales revenue of Rp58.9 billion in...

Crude Oil Falls to US$101.6

JAKARTA (Yosefardi) – Nymex crude oil dropped further by 1.25% to US$101.6 per barrel in Asian trading Monday (Sept 30) as tension over Syria eased off. The commodity has dropped from as high as US$110 per barrel. Shares of oil and gas producers in the region,...