Indomobil and Seino Holdings Set Up JV

SINGAPORE (Yosefardi) – PT Indomobil Multi Jasa Tbk and PT IMG Sejahtera Langgeng, have in January 18, 2015 established a joint venture (JV) company with Seino Holdings Co., Ltd., namely PT Seino Indomobil Logistics Services (SILS), to engage in the business of...

MoF: Three Expectations on AIIB

JAKARTA (Yosefardi) – In the first meeting of Asian Infrastructure Investment Bank (AIIB), the Minister of Finance Bambang P.S. Brodjonegoro acts as representative of regional members who delivers his speech on the AIIB inauguration. In his speech, the Minister...

IDX Opens Lower 0.07%, Oil $27.96

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.07% at 4488 this morning but signalled a re-gain though trade would be volatile as it did yesterday. Investors now concern on China economic slowdown and oil price drop....

IDX Ends Higher 0.23%, Oil Rebounds

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.23% at 4492 Tuesday (Jan. 19) but trade was volatile. The index moved up and down at range of between 4465-4499. Asian shares closed mostly higher on Tuesday as Shanghai...