Last week, market value of Charoen Pokphand Indonesia (CPIN) was bigger than Indofood Sukses Makmur (INDF), the largest food player in the country. Now Indofood is bigger than CPIN. Still, CPIN outperformed Indofood shares this...
Read MoreUnilever has formally applied a tax holiday for its oleochemical investment in Sei Mangke, North Sumatra. Unilever, a global leader in consumer goods and market leader in Indonesia, plans to produce fatty acid and fatty alcohol...
Read MoreNational media reported early this week that toll road operator PT Citra Marga Nusaphala Persada (CMNP) Tbk plans to enter mining infrastructure business in partnership with San Miguel Corp. The company also sets an ambitious...
Read MoreGold may have left its peak. The current price, US$1,723 per ounce, is still attractive for gold explorations, including in Indonesia. If you are one of shareholders in G-Resources (HKEX), Sihayo (ASX), Newcrest (ASX), or...
Read MoreAbout 16 trucks were hired to transport arranged condolence flowers sent by various businessmen for the loss of Carla Widjaja last Friday. Carla is the wife of the late Ferry Teguh Santosa, founder of Ometraco Group which almost collapsed in 1997-1999 financial crisis.
Read MoreThe famous soothsayer Permadi predicts president Susilo Bambang Yudhoyono (SBY) will fall this year. Some people believed in Permadi, but that was when he was just a political soothsayer. He then joined PDI-P, and later on,...
Read MoreSo, you’ve known about Saga Energy Inc, which will become partner of Laguna Cipta Griya in North Sumatra oilfield. We initially thought they’re talking about Saga Group in Indonesia, which turned out to be a...
Read MoreOn June 22, 2011, Citi Asia Pacific proudly set a target price for Adaro Energy (ADRO) of Rp3,550, arguably based on a 2011 EV/EBITDA of 8 x. The highest price of ADRO since July 2011 is Rp2,700. On Tuesday, January 31, 2012,...
Read MoreCoal price in Newcastle, Australia for August delivery dropped further by 2.14% to US$86.85 per ton for the week ended July 13, 2012 despite almost 1% gain on Friday. In this report: Senamas-Agritrade deal, Shenhua Statistics,...
Read MoreKapal Api is dominant coffee player in the country. Its coffee shop chain challenges global name like Starbucks. The group’s business is clearly way beyond coffee. It is one of the largest consumer goods and retailer players in...
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