by Yohanes Obor | Sep 30, 2015 | Finance, Investments, News
JAKARTA (Indonesia Today) – Heavy equipment and mining contractor PT Intraco Penta (INTA) converts Rp230 billion debt of its subsidiary PT Intraco Penta Prima Servis to equity or shares. Then, INTA now controls 99% of the said subsidiary. INTA suffered loss of Rp36.5...
by Yohanes Obor | Sep 28, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Chemical and logistic PT AKR Corporindo Tbk (AKRA) is optimistic to booked net profit of Rp1 trillion this year amid current global economic downturn and oil price drop. In the first half of this year, AKRA’s profit jumped 61%, though...
by Yohanes Obor | Sep 25, 2015 | Featured, Finance, Investments, News
JAKARTA (Yosefardi) – Offset printing and corrugated packaging firm PT Dwi Aneka Jaya Kemasindo Tbk (DAJK) decided to postpone its acquisition plan over 2 packaging companies due to current economic slowdown. The company then expects to realize this plan by end of...
by Yohanes Obor | Sep 23, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – gridComm, a provider of power line communication (PLC) solutions that enable the transformation of traditional power grid into a smart grid, has Tuesday (Sept. 23) signed a partnership agreement with a leading LED manufacturer in Indonesia,...
by Yohanes Obor | Sep 22, 2015 | Finance, Investments, News
FLORIDA (Yosefardi) – The Templeton Global Income Fund invested 4.4% of its total net assets (US$989.59 million) in Indonesia as of August 31, 2015. Investment in fixed income accounted for 85.7% while the rest invested in cash and other assets. In Asia, Templeton...
by Yohanes Obor | Sep 22, 2015 | Finance, Investments, News
PHILADELPHIA (Yosefardi) – Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 43.6% of its total portfolio assets in consumers segment in Indonesia as of August 31, 2015. On August 31, 2015, the Fund’s net assets amounted to US$64.1 million and the...
