HKSE-listed Lygend Resources Ltd, partner of Harita Nickel (NCKL) in development of nickel smelters in Obi Island, North Maluku province, reported net profit attributable to owners of the parent amounted to RMB586.9 million, representing a year-on-year increase of 73.5%.
Read MoreFinally, we may see an interesting and exciting race in East Java gubernatorial election this year between Tri Rismaharini, or familiarly known as Risma, and Khofifah Indar Parawansa, the incumbent. Who will win the race between these two female politicians?
Read MoreSingaporean Prime Minister Laurence Wong expresses the interest and commitment of several Singaporean companies to invest in Indonesia, including the potential of Carbon Capture and Storage (CCS), industrial estates, and power plants in Batam, Bintan and Karimun (BBK) zone. The Prime Minister stated that Indonesia has great CCS potential and Singapore will be a CCS user. He hopes that both countries will work closely together.
Read MoreShares of MNC Coal (IATA) and Resources Alam (KKGI), both are small coal miners, ended substantially higher by 9.8% and 8.1% respectively on Thursday (Aug 30) as some investors bet on low valuation of coal stocks amidst a relatively strong coal price.
Read MoreBoth PDIP and PKB tried a last minute maneuver to nominate Anies Baswedan and Sandiaga Uno as governor candidate, respectively, for the West Java gubernatorial election, but they ultimately failed. In the end, PKB endorsed Acep Adang Ruhiat-Gitalis Dwi Natarina, while PDIP gave its ticket to Ono Surono-Jeje Wiradinata. Their decisions make the West Java gubernatorial election a four-horse race.
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