Five groups are competing to win the Kalibaru port project in Jakarta. This is one of highly political projects in the country. This could be also a perfect target for the Corruption Eradication Commission (KPK) to prevent the...
Read MoreConsumer goods players reported strong performance in the past few years, including in the first quarter of 2012. Cigarette, processed food, shampoos, etc enjoyed strong growth, reflected in strong results of companies like HM...
Read MoreMars Inc is famous for its chocolate: Mars Bars, Snickers, and M&M. The company has been operating in Indonesia through PT Mars Symbioscience Indonesia, PT Effem Indonesia, and PT Mars Food Indonesia (pet food). Salim Group,...
Read MorePT Kutilang Paksi Mas is partner of PT Shell Indonesia in the supply of diesel fuel to Grati combined-cycle power plant owned by PT Perusahaan Listrik Negara (PLN). The company initially secured a three-year contract in April...
Read MoreLast year, energy and mineral resources ministry predicted Indonesia’s coal production would grow 1.5% this year to 332 million tons. That equals to an additional output of 5 million tons from its estimated 2011 output....
Read MorePretty much as predicted, Indonesia’s largest bauxite ore exporter PT Cita Mineral Investindo (CITA) Tbk, a company controlled by Lim Haryanto family, has entered into a joint venture agreement with Chinese company for...
Read MoreSo, DBS Group offers cash price of Rp7,000 per Bank Danamon (BDMN) share, which represents a premium of 56.3% over the one-month volume weighted average price. At that price, DBS values Danamon around US$7.2 billion. The offer...
Read MoreGovernment has just released the second list of mining companies with clear and clear status on the licenses issued by local administrations across the archipelago. The list contains 373 licenses, shorter than the first list of...
Read MoreTens of journalists from Jakarta were taken to a Singapore tour recently in a bid to ‘defend’ the existence of Petral, trading arm of state-owned oil and gas company Pertamina, week after state-owned enterprises...
Read MoreElections of governor, regents, and mayors in Aceh province have to be postponed three times. The most recent schedule is April 9, 2012. This election is important for various reasons, including the race to control oil and gas...
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