by Yohanes Obor | Oct 29, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State electricity firm PT Perusahaan Listrik Negara (PLN) suffered loss of Rp27.4 trillion in the third quarter of 2015, mainly due to foreign exchange (forex) loss of Rp45.7 trillion. While sales of electricity grew by 15.56% to Rp153.9...
by Yohanes Obor | Oct 29, 2015 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Plantation firm PT Astra Agro Lestari Tbk (AALI) sold 115,6000 tons of crude palm oil (CPO) in September 2015, up 0.9% from 114,700 tons in September 2014. Until September 2015, AALI recorded CPO sales volume of 826,472 tons or decreased by...
by Yohanes Obor | Oct 28, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Leyand International Tbk, primarily engaged in operating power plants, suffered loss of Rp58 billion in the first nine months to September of 2015, compared to loss Rp68.6 billion in the same period of 2014. Revenues declined 12% to...
by Yohanes Obor | Oct 27, 2015 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Plantation company PT Tunas Baru Lampung Tbk (TBLA) plans to change its core business along with its plan to invest in biodiesel factory. Biodisel industry has average 76.6% growth since 2008 to 2014, with its production reaching 5.75 million...
by Yohanes Obor | Oct 26, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina allocates US$900 million to US$1 billion for acquiring oil and gas blocks in 2016. Pertamina targets to acquire one block overseas such as in Iran next year. Pertamina targets its oil production overseas to...
by Yohanes Obor | Oct 23, 2015 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Inc. (FCX) said its Indonesian operation, PT Freeport Indonesia (PT FI)’s revised plans incorporate improved operational efficiencies, reductions in input costs, supplies and contractor costs, foreign exchange impacts and a...