The Jakarta Post published an interesting picture on the front page of its Business Section today. It is a picture of Dahlan when he inaugurates Purwakarta as Telkomsel’s Broadband City. Telkomsel is subsidiary of...
Read MoreAs the government started to restrict export of mineral ores with export duty of 20% (on average), application to build metal smelting and refining facilities increased substantially. Almost 100 companies plan to build these...
Read MoreSinarmas Group is one of key players on Singapore Exchange (SGX). It converted Asia Food & Properties (AFP) into Sinarmas Land, which controls Bumi Serpong Damai (BSDE) and Duta Pertiwi (DUTI) on Indonesia Stock Exchange...
Read MoreStock price of Exalt Resources (ERD) soared 21.87% on Australia Stock Exchange (ASX) Thursday (Apr 5) following announcement of a deal between Exalt and Singapore company Odni Holdings Ltd related to some coal assets in...
Read MoreLanna Resources reported strong results from its coal operations in Indonesia last year. Coal sales revenue from PT Singlurus Pratama, where Lanna Harita owns 65% interest, surged to almost 5 billion baht last year from less...
Read MoreTwo years ago, Asia Pacific Breweries (APL) Limited paid US$250 million to Heineken for shares in PT Multi Bintang Indonesia (MLBI). APL had also completed tender offer of MBLI shares. The company is required to re-selling up to...
Read MoreChandra Asri (TPIA) has consolidated upstream petrochemical industry with the acquisition of Styrene Mono Indonesia (SMI) and Tri Polyta (TPIA). Siam Cement has also entered the company. Results, however, were limited. Midstream...
Read MorePresident Susilo Bambang Yudhoyono (SBY) has signed Government Regulation No. 24/2012 to amend Government Regulation No. 23/2010 about Mineral and Coal Business. There are some articles in GR No 23/2010 substantially changed,...
Read MoreProperty developer PT Nirvana Development (NIRO) Tbk kicks off trading of its shares on Indonesia Stock Exchange (IDX) this morning. It offers 6 billion shares in the initial public offering (IPO) at Rp105 per share to raise...
Read MoreKan Trakulhoon, CEO of Siam Cement Group, has met President Susilo Bambang Yudhoyono (SBY) at the State Palace Tuesday (March 6), to reiterate its intention to invest more in Indonesia, including the construction of US$300...
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