Feb 1, 2016 | Industries, Market, News Group
In 2015, state miner PT Aneka Tambang Tbk (ANTM) posted unaudited revenues of Rp10.55 trillion, up 12% compared to 2014 due to a significant increase in gold sales. Gold sales were the largest component of ANTM’s net sales, contributing Rp7.31 trillion or 69% of...
Feb 1, 2016 | Industries, Market, News Group
The year 2015 was a difficult year for coal. The International coal prices in 2015 experienced notable decrease compared to the previous year. Average Global Coal Newcastle price for 2015 was US$ 59.19 per tonne, 17% lower compared to its 2014 average. Despite the...
Jan 29, 2016 | Industries, Market, Politics
PT Telekomunikasi Indonesia Tbk (IDX:TLKM) surprised its customer by blocking the access to the services of the American broadcasting and cable television company, Netflix Inc. (Nasdaq: NFLX). The blockade began on Wednesday (Jan. 27). TLKM made the decision to do so...
Jan 29, 2016 | Industries, Market, News Group
Asian shares got off to a tentative start on Friday after oil cobbled together a third session of gains and markets wagered U.S. interest rates would not be rising much this year, if at all, Reuters reported. Speculation is also rife that the Bank of Japan will have...
Jan 29, 2016 | Industries, Law, Politics
The long-awaited regulation meant to protect officials from being criminalized for taking risks with policy making has finally been published. This regulation was signed by President Joko “Jokowi” Widodo in the form of Presidential Instruction (Inpres) No....
Jan 29, 2016 | Industries, Law
PT Duta Palma Nusantara’s Suspension of Debt Payment (PKPU) process ended in peace. The plantation company reached peace deals with the majority of its creditors, after being in PKPU since December 18, 2015 at the request of one of its creditors PT Mega Eltra. This...
Jan 29, 2016 | Industries
On Thursday (Jan. 28), the Global rating agency Moody’s Investors Service affirmed a stable outlook for Indonesian banks, such as Bank Negara Indonesia, Bank Rakyat Indonesia, Bank Permata, and Bank Danamon Indonesia, though the national banks are facing a...
Jan 29, 2016 | Industries, Market, News Group
The Government of Indonesia recorded a positive development on the realization of macro economic indicators for 2015. As of January 22, 2016, the change occurred in economic growth, inflation, oil price, and lifting of oil and gas. Trade deficit declined to 2.56% over...
Jan 28, 2016 | Industries, Market, Reviews
Toll Road Authority (BPJT) at ministry of public works and housing asked investors to immediately submit their offer for the development of the long-delayed 75 KM toll road of Batang-Semarang in Central Java under the trans-Java toll road program. This is an...
Jan 28, 2016 | Industries
To use WhatsApp of WhatsApp Inc, the subsidiary of Facebook Inc (Nasdaq: FB), users may pay an annual subscription fee using their credit card. And so many thought that WhatsApp would not be a success story in Indonesia. But Facebook recently removed WhatsApp’s annual...
