Recent Articles

Prabowo & SBY: What’s Next?

Prabowo Subianto's meeting with Susilo Bambang Yudhoyono (SBY) was cancelled. The latter suddenly fell ill. The meeting has been rescheduled. What does this mean?

Business

Anticipated Actions of Pertamina

Minister of state-owned enterprises Rini M Soemarno has on June 29, 2018 approved proposals from the board of directors of state oil and gas company Pertamina to conduct some corporate actions in a bid to maintain a healthy financial status. Some of them will open opportunities for strategic investors in both upstream and downstream sides of Pertamina’s business.

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Japan June Trade Surplus Jumps 66.5%

Japan’s trade surplus widened 66.5% to JPY721.4 billion in June of 2018 from JPY433.2 billion a year earlier. Exports grew by 6.7% year-on-year to JPY7,052 billion, following a 8.1% rise in the previous month. Imports went...

BRI Agro Eyes $139 Million from Right Issue

BRI Agroniaga (AGRO) targets to raise Rp2 trillion from planned rights issue in September 2018. It will issue 5 billion new shares, representing 27.1% of its enlarged capital, priced at Rp100 per share. The Bank plans to use the...

Adaro Plans to Double Kestrel Mine Production

Coal miner Adaro Energy (ADRO) aims to double Kestrel Mine‘s production to bring the company become one of the world’s largest coking coal producers. Kestrel produced 4.25 Metric ton (Mt) of hard cooking coal, had marketable...

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Profiles

Gozali Brothers & Their Businesses

PT Success Venture Serviced Suites Investments, wholly-owned subsidiary of SGX-listed UOL Group Limited—-parent of Pan Pacific Hotels Group, has entered into sale and purchase agreements with PT Putragaya Wahana for the acquisition of 180 apartment units for an aggregate cash consideration of US$56.3 million. 

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