by Yohanes Obor | Nov 24, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower but has regained 0.14% to 4547 this morning while regional markets were in red zone. Asian shares dragged their feet on Tuesday after a healthcare mega-merger failed to...
by Yohanes Obor | Nov 23, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.4% at 4541 Monday (November 23), reversing earlier gain as profit taking hit certain stocks. While rupiah strengthened to Rp13,696 against the US dollar. Asia stocks closed...
by Yohanes Obor | Nov 23, 2015 | Mining, News, Resources
HONG KONG (Yosefardi) – G-Resources Group Limited has early this month entered into the sale and purchase agreement with Top Gala and ARS (buyers), as well as SubCo and TopCo in respect of the disposal of G-Resources’ interest in the Martabe Mine and certain of...
by Yohanes Obor | Nov 23, 2015 | Industries, News, Transportation
SINGAPORE (Yosefardi) – KS Energy Limited said that a consortium of PT Atlantic Oilfield Services, a subsidiary of KS Drilling Pte. Ltd. (KS Drilling) and PT Java Star Rig, a joint venture of KS Drilling, has been awarded a contract for the “KS Java Star”...
by Yohanes Obor | Nov 23, 2015 | Industries, News, Transportation
JAKARTA (Yosefardi) – State port operator PT Pelabuhan Indonesia (Pelindo) II will set up joint venture (JV) with Pelindo I and Pelindo IV, for building 24 ports across the country, to accelerate the Sea Toll program. The construction of 24 ports would cost around...
by Yohanes Obor | Nov 23, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Tengah (Bank Jateng) issues subordinated bonds debt (subdebt) worth Rp500 billion with tenor of 7 years. The book building starts today and will last in December 4, 2015. The offering is scheduled for December 17,...
by Yohanes Obor | Nov 23, 2015 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT CIMB Niaga Auto Finance and PT Kencana Internusa Artha Finance are set to merge, with CIMB Niaga Auto Finance becoming the surviving entity, expected to effective in January 1, 2016. CIMB Niaga Auto Finance has assets of Rp6.59 trillion...
by Yohanes Obor | Nov 23, 2015 | Industries, News, Retail
JAKARTA (Yosefardi) – Consumer player PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ) continued to post double digit growth in third quarter of 2015 despite slowdown of domestic economy, also supported by debts cut. ULTJ reported 91% jump in net profit to...
by Yohanes Obor | Nov 23, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.4% at 4581 this morning inline with regional markets. Asian shares got off to a slow start Monday as a holiday in Japan sapped liquidity, while the prospect of more...
by Yohanes Obor | Nov 20, 2015 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.94% at 4561 Friday (Nov. 20) following regional and global markets. World stock markets drifted Friday, as enthusiasm faded over the Federal Reserve’s hint that...
