Author: yosefardi.com

Market Snapshots

Nymex crude hovers around US$94 per barrel, while Dow Jones Industrial Average (DJIA) gained 0.58% Monday (Oct 1). Some investors might wait public expose of Bumi Resources (BUMI) and Berau Coal Energy (BRAU) scheduled Tuesday....

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Geothermal: More Attractive Tariff, But…

Minister of energy and mineral resources Jero Wacik has finally signed regulation No, 22/2012 about new benchmark tariff for power generated by geothermal power plants. The new tariffs are substantially higher at the range of...

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Li Ka Shing & Indonesia

Li Ka Shing is still the richest man in Hong Kong, according to Forbes. Li is also one of the largest investors in Indonesia, ranging from infrastructure to energy. He was involved in Mitra Rajasa-Apexindo deal, reportedly as...

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Polymers on Roller Coaster Ride

Petrochemicals and polymers have always been riding on the roller coaster, especially when crude oil price is no longer a function of supply & demand, but more as a function of perceptions in supply and demand. Mitsubishi...

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Landlords, Conflicts & Capping

Bisnis Indonesia quoted director general for plantation at agriculture ministry revealing the government’s plan to revise Regulation No 26/2007 about ownership or rights to use land in the plantation sector with a view to...

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Coal Railways: Losing Momentum?

Overseas Company of China Railway Engineering Group Co Ltd is reportedly working with Indonesian coal giant in the development of railway connecting Wahau in West Kutai and East Kutai in East Kalimantan province. This is going...

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Recapital & Bakrie-Related Funds

So, Bumi Plc has been informed by its 29.2% associate PT Bumi Resources (BUMI) Tbk that the early payment of US$231 million of funds under management with PT Recapital Asset Management will not be realized during the first half...

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Trade Balance & Alarming Signs

Indonesia’s export grew 3.41% in May compared to April 2012, but dropped 8.55% from May 2011. Overall, in the first five months of 2012, the country’s export inched up 1.48% to US$81.42 billion. Import, on the other...

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When Dovechem Divests Indonesian Assets

Dovechem is a group of chemical distribution and related service companies with operations in eight countries and 16 locations in the region. The group is also a major manufacturer of resins, formalin, and moulding compounds in...

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Kalimantan Railway: The Clash of Titans

On February 7, 2012, East Kalimantan governor Awang Faroek Ishak signed a memorandum of understanding with Russian Railways for the development of coal railway in East Kalimantan. The company has established Kalimantan Rail for...

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