On June 26, 2010, Bakrie & Brothers (BNBR) and Glencore International AG, the world’s largest commodity trader, signed a share swap transaction agreement with the notional amount of US$200 million. International media reported recently that Bakrie and Glencore were in intensive talks for a financing scheme to repay lenders of the US$1.34 billion facility arranged by Credit Suisse.
Read MorePresident SBY and Vice President Boediono are reportedly working hard to rebuild the cabinet (for the sake of the three remaining years). Just when most people talk about the cabinet reshuffle, minister of state-owned...
Read MoreKaren Agustiawan is one of names circulated (or leaked) as new minister. The 53 year old, the first woman to lead Pertamina, is widely considered new minister of energy and mineral resources, replacing Darwin Zahedy Saleh. Other...
Read MoreBerau Coal Energy (BRAU) reported net profit of US$132.4 million in nine months of 2011, tripled from the same period of 2010. Yet, the stock is traded 31% below its peak last year. This company is now preparing two major...
Read MoreSurya Semesta Internusa (SSI) was below Rp500 in September 2011. On Tuesday, the stock has reached Rp930. This is also one of the most active stocks in property sector with average trading volume of 41 million shares per day....
Read More