About 15 years ago, Forest Gregg, a designer for Frybid (vegetable oil conversion company), published a book titled ‘Powering Your Vehicle with Straight Vegetable Oil (SVO)’, highlighting the benefits of the product: cheap, carbon-neutral, uses a waste product, and does not depend upon centralized corporate infrastructure.
Read MoreShares of taxi operator BlueBird (BIRD) ended flat at Rp1,785 on Thursday (Dec 21) despite the launching of Rp250 billion investment in the new capital city Nusantara. At the last quoted price, BlueBird was worth Rp4.47 trillion, significantly below equity (Rp5.54 trillion).
Read MoreShares of data center management firm Indointernet (EDGE) lost 10.13% to Rp5,100 on Thursday (December 21), to make market capitalization of Rp10.3 trillion, after founder Otto Toto Sugiri divested all of its ownership (16.56%) in EDGE, at price of Rp3,496 per share or Rp1.16 trillion in total.
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