Day: December 11, 2018

Improved Q3 of Medco Energi

Oil and gas producer Medco Energi Internasional (MEDC) reported a 52.6% jump in oil and gas sales to US$296 million for the third quarter (Q3) of 2018, improving from a 15% rise in the first half (H1) of 2018. MEDC booked oil and gas sales of US$461.66 million in H1.

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Market & Rupiah

A gauge of global equities stumbled on Monday (Dec 10), as losses in Europe and Asia extended to Wall Street on new signs that world economic growth was being curbed by the U.S.-China trade spat, Reuters reported. Confusion stemming from British Prime Minister Theresa May’s abrupt decision on Monday to delay a vote on her Brexit deal weighed heavily on European shares.

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The 2019 Race: Haji Isam & Tomy Winata

Drajad Wibowo, deputy chairman of honorary board of National Mandate Party (PAN), is quoted by tempo.co questioning the relationship between controversial coal businessman Haji Andi Syamsuddin Arsyad, popular as Haji Isam, and the decision of PAN’s provincial chapter of South Kalimantan to support Jokowi-Ma’ruf ticket in 2019 race.

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