PT Merdeka Tsingshan Indonesia (MTI), a joint venture between gold, copper, and nickel producer Merdeka Copper Gold (MDKA) and Tsingshan, the world’s largest stainless steel producer, will receive loan from Original...
Read MoreThe Government decided to raise fuel prices to contain ballooning spending on energy subsidies. This is the first time in eight years. What are the implications for President Joko “Jokowi” Widodo and those he will endorse in...
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Shares of state miner Aneka Tambang (ANTM) or Antam ended at Rp1,900 last Friday to make a market...
Read MoreGovernment of Indonesia raised subsidized fuel prices by about 30% on Saturday (September 3), a move to rein in ballooning subsidies. This will spark a mass protests, of course. Confederation of Indonesian Labor Unions (KSPI) will hold a rally to protest said fuel price this week, but like in the past, President Joko ‘Jokowi’ Widodo will likely maintain the policy.
Read MorePT Aneka Tambang (Persero) Tbk (ANTM) is still facing many legal problems. In addition to business disputes with its partners, the company is also facing investigation on case of alleged corruption. In the latest financial report published during the weekend, the company briefly explains the status of each business dispute.
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