Mar 8, 2016 | Market, News Group
The Ministry of Finance reported that investors’ appetite to invest in Indonesia’s Islamic retail bonds or Sukuk was growing. The incoming bids surpassed the offering, such as the retail sukuk (SR008 series) with over 48,444 investors, a new record, having...
Jan 21, 2016 | Market, News Group, Reviews
Asian stock markets went into deep red territory on Wednesday (Jan. 20). Japan entered a bear market. The Nikkei 225 Index plunged 3.71%. Singapore’s benchmark Straits Times Index hit a more than four-year low after declining nearly 3%, while Philippine stocks...
Nov 30, 2015 | Industries, Market, Reviews
The Government can say whatever it wants about alcoholic beverage, but the fact to the matter remains that several government institutions are direct and indirect benefactors of alcoholic beverage businesses. The most glaring example would be the Jakarta province...
Nov 10, 2015 | Market, News Group
President of Italy Sergio Mattarella met with President Joko “Jokowi” Widodo on Monday (Nov. 9). Both men signed contracts worth US$1.05 billion in four sectors: logistics, energy, infrastructure, automotive. Jokowi told reporters that both countries also...
Nov 2, 2015 | Industries, Market, News Group, Reviews
State-owned gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) reported 48.2% drop in profit attributable to equity to US$306.32 million for the first nine months to September of 2015, from US$591.8 million profit in the corresponding period of 2014. Revenues...
Oct 26, 2015 | Market, News Group
Investment realization for the third Quarter/Q3 (July-September) of 2015 reached Rp140.3 trillion, a 17-percent increase from the third quarter of 2014, the Indonesia Investment Coordinating Board (BKPM) reported Friday last week. The realization of domestic direct...
Jun 23, 2015 | Industries
After getting crushed, falling by more than 1%, on Monday morning (June 22), Gold rose 0.23% to US$1,186.80 per ounce this morning. It’s now back below the key $1,200 level that it crossed on Thursday last week, following the Federal Reserve’s monetary...
