by Yohanes Obor | Jun 15, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – The Commission of Lower House of Representatives (DPR) and Energy Ministry have on Monday (June 15) discussed on the 2016 state budget draft. The Upstream Oil and Gas Regulatory Body (SKK Migas) has set the maximum oil lifting target for...
by Yohanes Obor | Jun 12, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Gold producer PT J Resources Asia Pacific Tbk (PSAB) has secured loan facility of US$50 million from 2 local banks, Indonesia Eximbank and PT Bank Permata TBk (BNLI). PSAB earlier said it needs funds of US$300 million, equivalent Rp3.8...
by Yohanes Obor | Jun 9, 2015 | Agriculture, News, Resources
JAKARTA (yOSEFARDI) – Plantation firm owned by Eka Tjipta Widjaja, PT Sinar Mas Agro Resources and Technology Tbk (SMAR), allocates capital expenditure (capex) of Rp1.3 trillion for this year, lower than Rp1.6 trillion capex of last year. The capex, mostly used...
by Yohanes Obor | Jun 9, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Mining contractor PT Samindo Resources Tbk (MYOH) booked net profit of US$6.82 million in the first quarter of 2015, declined 6.9% from US$7.36 million in the same period of 2014. Revenues also declined 11% to US$55.9 million from previous...
by Haryanto Suharman | Jun 5, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Deputy Chief of the Corruption Eradication Commission (KPK) Johan Budi SP stated that the KPK will closely monitor the issuance of mining licenses in the regions ahead of the 2015 simultaneous regional elections. Johan also asked all related...
by Yohanes Obor | Jun 3, 2015 | Agriculture, News, Resources
JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) V booked net profit of Rp230.55 billion in 2014, jumped by 77% from Rp130.38 billion in 2013. Revenue grew by 11.3% to Rp5.53 trillion from previous Rp4.97 trillion. Net sales of palm rose...
