Jan 6, 2016 | Industries, Market, News Group
Although most stock markets in Asia were still in red territory, extending Monday’s plunge, Indonesian stocks and the rupiah managed to rebound on Tuesday (Jan. 5). The composite index of the Indonesia Stock Exchange (IDX) gained 0.7% to close at 4558 yesterday....
Jan 6, 2016 | Industries, Market, News Group
Oil prices dropped over 2% towards its 11-year low on Tuesday, as traders shrugged off growing tensions between two of the world’s biggest oil producers and focused instead on a stronger U.S. dollar and swelling U.S. crude inventories, Reuters reported. Brent...
Jan 5, 2016 | Industries, News Group, Profiles
A sad news came from the Panin Group. Tjitrawati Gunadi, the wife of Mu’min Ali Gunawan, the founder of Panin Group, passed away at the age of 78 in Dec. 18, 2015 in California, the United States of America. The East Java born was buried in Lippo Group’s exclusive...
Jan 5, 2016 | Industries, Market, News Group
President Joko “Jokowi” Widodo has urged its cabinet members to focus on accelerating their work with regards to the economy this year. Jokowi noted that some ministries and institutions had not yet picked up on their speed since 2015. The government...
Jan 5, 2016 | Industries, Market, News Group
Asian share markets were on the ropes for a second straight session on Tuesday as investors waited anxiously to see if Beijing can head off the latest selling stampede in Chinese stocks, Reuters reported. An unnerving combination of global economic concerns and...
Jan 4, 2016 | Industries, Market, News Group, Reviews
The motorcycle taxi (ojek) hailing smartphone application Go-Jek developed a partnership with over 200 thousand drivers in major cities in Indonesia. With this extremely vast network, Go-Jek has become an economic player in the transportation sector, connecting...
Jan 4, 2016 | Industries, Market, News Group
Outlets selling music albums recorded in cassettes and compact-discs (CDs) have been forced to face a new reality. People are now consuming music digitally. Some buy their music at digital applications store, others subscribe to streaming services like Spotify and...
Jan 4, 2016 | Industries, Market, News Group
Today is the first day of trading for the Indonesia Stock Exchange (IDX) after the end-of-year holidays. President Joko “Jokowi” Widodo is scheduled to ring the opening bell for trading. Investors are hoping for an optimistic promise from the president...
Dec 30, 2015 | Industries, Market, News Group
Sad news came from Charoen Pokphand (C.P.) Group, Thailand’s largest agribusiness conglomerate. Earlier this month, the Indonesian Charoen Pokphand Group lost one of its members Jiacipto Jiaravanon, the vice president commissioner of PT Charoen Pokphand Indonesia Tbk...
Dec 29, 2015 | Commodities, Industries, Market, Reviews
China dominated the first 10,000 MW power plant projects under SBY-Kalla regime, but only as engineering, procurement, and construction (EPC) contract works. Under Jokowi-Kalla’s 35,000 MW program, however, China emerged as major investor in independent power...
