by Yohanes Obor | Feb 3, 2016 | Finance, Investments, News
SURABAYA (Yosefardi) – Daesang Corporation, holding company of PT Miwon Indonesia, plans to build sweetener factory in East Java, with investment cost of US$40 million, Bisnis.com reported. The Investment Coordinating Board (BKPM) has awarded principal permit to...
by Yohanes Obor | Feb 3, 2016 | Energy, News, Resources
IRVING/TEXAS (Yosefardi) – Exxon Mobil Corporation Tuesday (Feb. 2) announced estimated 2015 earnings of $16.2 billion compared with $32.5 billion a year earlier. Higher Downstream and Chemical earnings were offset by sharply lower commodity prices in the...
by Yohanes Obor | Feb 3, 2016 | Energy, News, Resources
PARIS (Yosefardi) – Total has signed long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned Indonesian company Pertamina for the supply of LNG volumes increasing from 0.4 to 1 million tons per year over a period of 15 years beginning...
by Yohanes Obor | Feb 3, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.78% at 4551 this morning inline with regional and global markets. Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2% overnight amid a...
by Yohanes Obor | Feb 2, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.8% at 4587 Tuesday (Feb. 2) following regional markets. Asian shares fell on Tuesday as crude oil prices slid on oversupply fears and after downbeat manufacturing data...
by Yohanes Obor | Feb 2, 2016 | Mining, News, Resources
SYDNEY (Yosefardi) – Finders Resources Ltd produced 494 tons of copper cathode in the quarter ended December 2015 from Wetar Copper Project, Wetar island. Sales were 280 tons at an average price of US$2.08/lb. Earthworks construction continues to perform in line...