by Editor | Sep 2, 2013 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Indonesia booked trade deficit of US$2.31 billion in July 2013, expanded from US$846.6 million in June. Indonesia’s export reached US$15.11 billion in July, while import amounted to US$17.4 billion. As a result, January-July 2013...
by Editor | Sep 2, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange (IDX) dropped 1.3% to 4140 this morning as investors worried about high inflation rate. Opened higher, the index moved volatile in the morning session until the Central Bureau of Statistics (BPS)...
by Editor | Sep 2, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Tiaro Coal Ltd has reached agreement with Asia East International Ltd to invest $1.6 million to secure 20% ownership in the Anggana coal project, East Kalimantan province. Tiaro makes the investment through its 55%-owned CM Basin Coal...
by Editor | Sep 2, 2013 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) revealed that August 2013 inflation was 1.12%, resulting in year-on-year inflation of 8.89% and year-to-date inflation of 7.94%. Suryamin, head of BPS, said this is the highest August inflation since 1999....
by Editor | Sep 2, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Shares of retailer Matahari Department Stores (LPPF) dropped 6% this morning as volatility remains in the market. The stock rallied from around Rp11,500 in early July to as high as Rp14,500 later of the month, but then dropped to below...
by Editor | Sep 2, 2013 | Energy, News, Resources
SYDNEY (Yosefardi) – Parit Minyak-3 well, located in the Kisaran production sharing contract of onshore Sumatra, has been drilled to a total depth of 8520 feet (2598 meters) as of Sunday, September 1st. “The current operation is logging in the open-hole...
by Editor | Sep 2, 2013 | Energy, News, Resources
SYDNEY (Yosefardi) – Energy World Corporation (EWC) Ltd booked net profit of US$16.4 million in the financial year ended June 30, 2013, down by 19.8% from the previous financial year on lower revenues in Indonesia. The company generated a combined revenues of...
by Editor | Sep 1, 2013 | Business, News, People
BOJONEGORO (Yosefardi) – Tens of residents from Ngampel Village, Kapas sub-district, Bojonegoro Regency in East Java set a blockade in front of drilling location of PetroChina-Pertamina joint operating body (JOB) in the area. Protesters, led by village head...
by Editor | Sep 1, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Weekly net sell by foreign investors on Indonesian stocks receded to Rp1.12 trillion in the week ended August 30, 2013. Compared to the previous weeks, the selloffs dropped substantially from Rp5.72 trillion in the week ended August 23 and...
by Editor | Sep 1, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Dian Swastatika Sentosa (DSSA) Tbk, unit of Sinarmas Group, booked net loss of US$158,500 in the first half ended June 30, 2013, flipped from a net profit of US$12.08 million in the same period of 2012. The energy & infrastructure...
