Krakatau Steel (KRAS) is the largest steel maker in the country with factories in Cilegon, Banten province. Chandra Asri (TPIA), its neighbor in Cilegon, meanwhile, is the largest petrochemical company. Both have rarely reported...
Read MoreCrude palm oil (CPO) for October delivery slashed by 5.4% to RM2290 per ton on Bursa Malaysia Derivatives Monday (October 1st). In Jakarta physical market, the commodity gives net price of below Rp6,000 per Kg to producers. CPO...
Read MoreA peaceful Aceh has lifted exploration activities in the past few years. East Asia Minerals, Barisan Gold, and Triangle Energy are among explorers operating in the province. Future of investments in the area, however, might be...
Read MoreGita Wirjawan once said that Darma Henwa (DEWA) will be the next big thing! Gita was country manager of JP Morgan when he said that, about five years ago. DEWA, a mining contractor, entered the market with high hopes. The stock...
Read MoreSo, Indonesia reported trade surplus of US$248.5 million in August 2012. This is a good news for rupiah. But, Indonesia’s export in August actually dropped 24.3% from August 2011 and down 12.5% from July 2012. The surplus...
Read MoreKoran Tempo reported this morning that following notice of default, businessman Honggo Wendratno shall be responsible for the mess surrounding Trans Pacific Petrochemical Indotama (TPPI), the second largest petrochemical complex...
Read MoreMost major banks have released their first half of 2012 financial statements. If annualized, only one out of 18 banks with return on equity below 10%, which is Bank OCBC-NISP. Two of them reported annualized ROE above 30%,...
Read MoreNymex crude oil stays above US$92 per barrel, while Dow Jones Industrial Average (DJIA) ended lower by 0.36% Friday. CPO remained under pressures, but metals advanced. In this report: (1) ABM Investama, (2) Bank Mandiri, (3)...
Read MoreErajaya Swasembada, operator of Erafone outlets, claimed 28% market share last year by revenues. That might implied to total market for gadget of around Rp24.6 trillion or about US$2.8 billion. In the first half of 2012, Erafone...
Read MoreCrude palm oil (CPO) for the benchmark November contracts were struggled to stay above RM3,000 Friday as it closed higher by RM19 to RM3,019 per ton. Plantation stocks were settled in wide range, with PP London Sumatra (LSIP)...
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