by Ferdi Hasiman | Apr 27, 2013 | Food, Industries, News
ZURICH (Indonesia Today) – Barry Callebaut agreed to acquire the Cocoa Ingredients Division from Petra Foods Ltd., Singapore. For the purpose of partly financing this acquisition, Barry Callebaut’s Board of Directors called for an EGM today, the...
by Ferdi Hasiman | Apr 26, 2013 | Energy, News, Resources
JAKARTA (Indonesia Today) – The Oil and Gas Executive Task Force (SKK Migas) has signed Memorandum of Understanding (MOU) with the National Land Agency (BPN) to speed up the certificate process and handle problems of land assets in oil and gas upstream sector....
by Ferdi Hasiman | Apr 24, 2013 | Mining, News, Resources
SINGAPORE (Indonesia Today) – Interra Resources Ltd, a company controlled by Edwin Soeryadjaja, through its wholly owned subsidiary, Goldwater TMT Pte. Ltd. (GTMT) has achieved a stabilised flow rate following production testing in Tanjung Miring Timur (TMT)...
by Ferdi Hasiman | Apr 22, 2013 | Energy, News, Resources
USA (Indonesia Today) – Chevron Corporation reported earnings of US$6.2 billion for the first quarter (Q1), 2013, compared with US$6.5 billion in the same period of 2012 . Sales and other operating revenue were US$54 billion, down from US$59 billion in the year...
by Ferdi Hasiman | Jan 21, 2013 | Energy, News, Resources
Under the agreement, Pertamina and PLN has agreed the LNG regasification services for PLN’s gas stations in Aceh and Medan. The power stations are excepted to operate by mid of next year. The regasification facilities will be built by harnessing and developing...
by Ferdi Hasiman | Jan 21, 2013 | Industries, News, Transportation
The regulation is implemented to foreign pilots who uses Indonesia’s license or who will validate his license. The new regulation aims to prevent some incidents on flight. Currently some 600 foreign pilots are working on Indonesia’s airlines such as Lion...
by Ferdi Hasiman | Jan 17, 2013 | Finance, Investments, News
Shareholders who wish to accept the Offer but have not done so should complete, sign and forward their Relevant Acceptance Forms and all other relevant documents as soon as possible so as to reach the Offeror. DBS Bank also plans to redeem its notes worth US$55.77...
by Ferdi Hasiman | Jan 16, 2013 | Finance, Investments, News
Soeryadjaya said Saratoga might acquire consumer company next month but declined to mention the name of target of company. He said Saratoga will invite other investor as the acquisition might reach more than US$90 million. Saratoga is now managing fund of around...
by Ferdi Hasiman | Jan 15, 2013 | Agriculture, News, Resources
In April 2012, PT PP London Sumatra Indonesia (Lonsum) Tbk (LSIP), a subsidiary of Indo Agri, incorporated Agri Investments Pte Ltd (AIPL) with principal activity as an investment holding company for agriculture technology and cultivation business. IndoAgri posts...
by Ferdi Hasiman | Jan 14, 2013 | Finance, Investments, News
That six work areas are Lawu mountain located in central Java-East Java with capacity of 1 X 55 MW, Ranau lake located in Lampung, South Sumatera with capacity of 2 X55 MW, Mataloko located in East Nusa Tenggara with capacity of 1 X 2.5 MW, Songa Wayaua located in...
