by Editor | Jan 2, 2015 | Finance, News
Composite index of Indonesia Stock Exchange (IDX) opened 2015 trading with 0.2% gain Friday, January 2nd. Indofood Sukses Makmur (INDF) leads with 4.81% gain, while subsidiary Indofood CBP advanced 1.72%. Toll road operator Jasa Marga, Perusahaan Gas Negara (PGAS),...
by Editor | Jan 2, 2015 | Featured, News, Resources
Cooper Energy Limited revealed that Bunian-3, an oil development well, spudded in the Sukananti field, South Sumatra, Indonesia on Wednesday (Dec 31). Bunian-3 is an onshore vertical well with a projected total depth of 1682 meters, which requires about 28 days to...
by Editor | Jan 2, 2015 | Featured, News
The guided-missile destroyer USS Sampson has reportedly discovered six bodies from the search and recovery operation for AirAsia Flight QZ 8501 in the Java Sea. “The US ship discovered six bodies,” said Widodo, commander of Western Fleet of Indonesian Navy Friday...
by Editor | Dec 31, 2014 | News
Coal producer PT Berau Coal Energy (BRAU) Tbk has won an arbitration tribunal in Singapore against its former CEO Rosan P Roeslani. The arbitration tribunal has issued an award confirming that Mr Roeslani is obliged to make payment under the settlement deed dated June...
by Editor | Dec 31, 2014 | News
General (ret) Luhut Binsar Panjaitan has finally been sworn in as Presidential Chief of Staff on Wednesday (Dec 31). Luhut, one of key supporters of President Joko Widodo during the presidential election, said his main duties would be coordinating various parties in...
by Editor | Dec 31, 2014 | News
President Joko ‘Jokowi’ Widodo has on Wednesday (Dec 31) installed Ade Supandi as new chief of staff of Indonesian Navy. Admiral Supandi replaces Admiral Marsetio, who enters mandatory retirement age. Born in Batujajar, Bandung, on May 26, 11960, Supandi...
by Editor | Dec 31, 2014 | News
The Government has decided to cut the price of subsidized gasoline by 10.6% to Rp7600 per liter due to the downfall of crude oil prices. The new price will be effective Thursday, January 1st, 2014. The subsidized gasoline price was hiked in late November to ease the...
by Editor | Dec 31, 2014 | News
Bakrie Telecom, the troubled CDMA operator controlled by Bakrie Group, recognized Rp50.7 billion of penalty on late payment to the ministry of communication and informatics in nine months of 2014. Bakrie Telecom reported no such penalty in the corresponding period of...
by Editor | Dec 31, 2014 | News
The troubled CDMA operator Bakrie Telecom (BTEL) booked net loss of Rp2.29 trillion in nine months ended September 30, 2014, ballooned from Rp1.52 trillion in the same period of 2013. Bakrie Telecom reported operating revenues of Rp1 trillion in the period, dropped...
by Editor | Dec 30, 2014 | News
JAKARTA (Yosefardi) – At the request of the Government of Indonesia and as directed by U.S. Pacific Command, U.S. Pacific Fleet has authorized U.S. 7th Fleet to position USS Sampson (DDG 102) in the general search area for missing Air Asia Flight QZ8501 to...
