Apr 6, 2012 | Industries, Market, News Group
Some were surprised with Bank Indonesia deputy governor Halim Alamsyah’s statements in an analyst briefing last week. Halim was quoted by Reuters saying Bank Indonesia proposes to limit majority ownership between 20% (individuals/families) and 40% (for banks,...
Apr 5, 2012 | Commodities, Industries, News Group
PT Tamtama Perkasa has just signed a mining services contract worth US$393 million with PT Thiess Contractors Indonesia for Tamtama’s coal concession in Muara Teweh, Central Kalimantan. Looking at the group behind Tamtama, speculations rife for next move. Under...
Apr 3, 2012 | Industries, Mining, News Group
Newcrest Mining Ltd, controlling owner of Gosowong mine—Indonesia’s third largest gold producer behind Freeport and Newmont, has decided to pull out from a partnership with Southern Arc Minerals Inc in the development of Taliwang project in West Nusa...
Apr 1, 2012 | Industries, News Group
Juniper Network is an ICT company based in Sunnyvale, California. The company’s product is now implicated in allegation of ‘fishy deal’ with people at ministry of information and communication in relation to the giant Nusantara Internet Exchange...
Apr 1, 2012 | Commodities, Industries, News Group
Canadian publication The Globe and Mail published an article titled A Cautious Optimism for Coal Tuesday (Jan 3rd) where it highlighted concerns about slowing down of consumption in China, the world’s largest consumer of thermal, coking coal, and iron ore. But...
Mar 12, 2012 | Agriculture, Industries, News Group
Crude palm oil (CPO) for December fell RM44 to RM2101 per ton Monday, while January 2013 deliveries down almost 3% to RM2240. These are the lowest levels in more than three years. Most plantation shares lost more than 10% year-to-date, except BW Plantation. The...
Mar 12, 2012 | Commodities, Industries, News Group
Coal stocks opened mixed in the region this morning. Borneo Lumbung Energi (BORN) and Bumi Resources drop 3.23% and 1.7% respectively, while Indika and Indo Tambangraya in positive territory. In Hong Kong, China Shenhua and China Coal down 0.2% and 1.2% respectively....
Mar 12, 2012 | Commodities, Industries, News Group
Shares of Sumatra Copper & Gold (SUM) gained almost 200% since June 2012 to make a market capitalization of A$32.4 million. It is smaller than Intrepid Mines Ltd or Kingsrose Mining Ltd. The company’s value, however, might get a boost from optimism...
Mar 10, 2012 | Industries, Mining, News Group
With every passing second, the clock is ticking down to end the term of negotiation team established by President SBY to amend mining contracts. It is less than 14 months from the official target of signing new contracts for companies like Freeport, Newmont, Vale,...
Mar 8, 2012 | Industries, News Group
Harry Tanoesoedibjo’s Media Nusantara Citra (MNCN) and Sariaatmadja’s Surya Citra Media (SCMA) are among the most profitable companies in Indonesia, thanks to their dominant position in the country’s TV broadcasting industry. Little that we knew...
