by Editor | Sep 23, 2013 | Finance, Global Finance, News
JAKARTA (Yosefardi) – Asian stock markets opened mostly lower ground Monday, September 23 to tracking negative sentiment from Wall Street. Australia’s All Ordinaries lost 0.86% this morning, while STI Index dropped 0.88%. FTSE Bursa Malaysia KLCI also down...
by Editor | Sep 23, 2013 | Industries, Logistics, News
SINGAPORE (Yosefardi) – SGX-listed YHM Group Ltd has secured a contract worth approximately US$183 million for three-year supply of a semi-submersible rig. The rig will be used by a Southeast Asian based national oil company to support its oil and gas activities...
by Editor | Sep 23, 2013 | Corruption, Law, News
JAKARTA (Yosefardi) – Chief Brig Labora Sitorus admitted that he was robbed by his superiors in the national police. In the period of January 2012 to April 23, 2013 alone, he claimed to have wired Rp10 billion to some high ranking officers in Papua and National...
by Editor | Sep 23, 2013 | Industries, News, Transportation
JAKARTA (Yosefardi) – Jakarta city administration plans to immediately auction off the electronic road pricing (ERP) system which would cost around Rp2 trillion. Vice governor of Jakarta, Basuki Tjahaja Purnama, said two state banks Mandiri (BMRI) and Bank...
by Editor | Sep 22, 2013 | News, Newsmakers, People
JAKARTA (Yosefardi) – Ministry of trade clarified that Gita Wirjawan has yet to submit resignation letter as minister to president Susilo Bambang Yudhoyono. Arlinda Imbang Jaya, spokesperson of the ministry, informed Tribunnews.com Sunday (Sept 22) that Gita has...
by Editor | Sep 22, 2013 | Energy, News, Resources
JAKARTA (Yosefardi) – Mas’ud, member of executive advisory board of Indonesian Muslim Workers Association (PPMI), said workers under outsourcing status at state-owned companies would go on strike late next month, Kontan.co.id reported. In the initial...
by Editor | Sep 22, 2013 | Finance, Investments, News
JAKARTA (Yosefardi) – The Indonesian government expects to raise at least Rp20 trillion from the issuance of the 1oth series of its retail bonds (ORI). The retail bond, offers a 8.5% coupon rate per annum, substantially higher than the ninth series (6.25%)...
by Editor | Sep 22, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – The government will sell rupiah-denominated State bonds worth Rp8 trillion in an auction scheduled Tuesday, September 24. The funds obtained from the bonds will be used to meet financing targets in the 2013 State budget. The Finance...
by Editor | Sep 22, 2013 | Industries, News, Retail
JAKARTA (Yosefardi) – PT Indoritel Tbk (DNET) said its associated company Indomarco will open three to five Indomaret minimarkets per day. “In the case of Indomaret, a new store typically generates net profit after operating for nine to 12 months, and the...
by Editor | Sep 22, 2013 | Healthcare, Industries, News
JAKARTA (Yosefardi) – The government Investment Center (PIP) has provided Rp83.5 billion loan to Bulukumba Regency for the development of Haji Andi Sulthan Daeng Radja public hospital. The five-year loan, signed on September 20, 2013, carries interest rate of...
