Early last decade, worldwide investors were screwed by global default of APP’s US$15 billion bonds. APP is forestry division of Sinarmas Group. Today, Golden Agri-Resources, plantation arm of Sinarmas, offers $500 million...
Read MoreSateri Holdings Ltd drops 2.86% to HK$1.7 in Hong Kong Stock Exchange Thursday (Sep 6). At this price, Sateri, a company controlled by Indonesian tycoon Sukanto Tanoto, has market cap of HK$5.95 billion, almost 80% below its...
Read MoreUnilever Indonesia (UNVR) is now the third largest company on Indonesia Stock Exchange (IDX) with market capitalization of Rp202 trillion or about US$21 billion. Unilever Plc, parent of UNVR, meanwhile, has market capitalization...
Read MoreFive years ago, July 2007, Truba Alam Manunggal Engineering (TRUB) was a company with market capitalization of around US$2.5 billion. Today, the company is valued only US$84 million, largely due to minimum quoted price of Rp50....
Read MoreIndonesia has been struggling to regain its position as a net oil exporting country. The country lost its membership in OPEC because of declining oil production in one side and growing domestic consumption on the other side....
Read MoreFood processing is among the most stable industries. In the past few years, they enjoyed strong growth in the domestic market of 240 million people. Strong results continued in the first half of 2012. Shares of food processors...
Read MoreThere are at least 185 companies planning to build mineral processing facilities in the country to comply Law No 4/2009 about mining and coal, which obliges domestic processing by 2014. If all of the smelters will be built, the...
Read MorePoliticians might be hectic in finding ways to defend Euro from debt fears. Others worry on slowing down of China’s economy or slower than expected recovery in US. But PRADA, the company that sells luxury items, reported...
Read MoreComposite index of Indonesia Stock Exchange (IDX) soared 3.32% Wednesday (June 6). Some pointed to regional sentiment, weakening of rupiah, recovery of crude oil and other commodities, and bargain hunting. Others, however,...
Read MoreWhat an irony! Wilmar International is one of bell-weathers of Singapore Exchange (SGX). Wilmar’s subsidiary PT Cahaya Kalbar (CEKA) Tbk, meanwhile, is one of the sleeping stocks on Indonesia Stock Exchange (IDX), with...
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