by Yohanes Obor | Jan 28, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.42% at 4603 Thursday (Jan. 28) following regional markets. Asian shares rose slightly in choppy trade on Thursday as investors attempted to interpret the U.S. Federal...
by Yohanes Obor | Jan 28, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – State oil and gas firm PT Pertamina has Wednesday (Jan. 27) is set to receive one new oil tanker (MT Sanggau), an echo ship concept, with 40,000 long ton dead weight (LTDW), valuing for US$31 million, equivalent Rp42.78 billion. This oil...
by Yohanes Obor | Jan 28, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – PT Equity Development Tbk (GSMF) plans to issue 2.44 billion new shares through pre-emptive rights scheme, priced at Rp110 per share, to raise total proceeds of Rp269.48 billion. This is the fourth rights issue. Each shareholder with 32 old...
by Yohanes Obor | Jan 28, 2016 | Mining, News, Resources
PHOENIX–(BUSINESS WIRE)–Freeport-McMoRan Inc. expects its Indonesian operation under PT Freeport Indonesia, to sell 1.5 billion pounds of coppert and 1.8 million ounces of gold in 2016. In 2015, Freeport Indonesia sold 744 million pounds of copper and...
by Yohanes Obor | Jan 28, 2016 | Chemical, Industries, News
JAKARTA (Yosefardi) – Increased and faster government spending, low energy costs and the recent Bank Indonesia (BI) interest rate cut are set to spur significant growth in the construction industry. Key industry players forecast total cement consumption to grow...
by Yohanes Obor | Jan 28, 2016 | Finance, Investments, News
PHILADELPHIA (Yosefardi) – Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 46% of its total portfolio assets in consumers segment in Indonesia as of December 31, 2015. On December 31, 2015, the Fund’s net assets amounted to US$61.5 million and the...
