Battle for Aceh Governor

A 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...

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Trade Balance & Alarming Signs (4)

So, 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...

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Market Snapshots

Nymex 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)...

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Gadget Market & Rupiah

Erajaya 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...

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