by Yohanes Obor | Jul 20, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – During January-July 2015 period, the Ministry of Public Works and Housing (PUPR) has auctioned 93% contracts package for infrastructure. While the rest 7% are the multiyears contracts. The multiyears contracts include toll road projects...
by Yohanes Obor | Jul 20, 2015 | Finance, Investments, News
NEW YORK (Yosefardi) – Philip Morris International (PMI)’s estimated total market in Indonesia increased by 0.4% in the second quarter of 2015, due to a soft economic environment. The decline in PMI’s cigarette shipment volume in the quarter mainly...
by Yohanes Obor | Jul 15, 2015 | Finance, Investments, News
IRELAND (Yosefardi) – One Horizon Group, Inc. said its licensee in Indonesia, Smartfren Tbk, has expanded its service by adding 400,000 new telephone numbers to the SmartCall App, http://smartcall.smartfren.com. One Horizon Group operates its own Chinese retail...
by Yohanes Obor | Jul 14, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Indonesia’s Communications and Information Minister, the Trade Minister and the Industry Minister had last week signed a regulation regarding the mandatory use of local components for 4G smartphones starting January 2017. 4G smartphone...
by Yohanes Obor | Jul 10, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Golden Agri-Resources Ltd, controlled by Sinar Mas Group, acquires 100% of the issued and paid-up share capital of Billford Investment Corporation Ltd. (BIC) for US$53.6 million. BIC, a company established in Malaysia, together with its...
by Yohanes Obor | Jul 10, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Two global investment firms, Welby Capital Ltd and Blossom Global Assets Ltd commit to buy 4.46 billion new shares of PT Energi Mega Persada Tbk (ENRG), representing 10% of ENRG enlarged shares capital, at price of Rp100 per share. ENRG...