Oct 1, 2015 | Industries, Market, Reviews
Indonesians are familiar with Miwon. The word, however, is mainly associated with food seasoning (monosodium glutamate/MSG), pretty much like Ajinomoto. PT Miwon Indonesia, unit of South Korean’s Daesang Corp, however, has expanded into consumer products. What...
Oct 1, 2015 | Industries, News Group, Politics
The Government is hunting down the perpetrators of the forest fire in Riau and Central Kalimantan. The following is what we know has been done so far: In Riau The Government has named 10 companies as suspected perpetrator of forest fires, one of which is PT Langgam...
Oct 1, 2015 | Industries, Market, Reviews
Private equity firm Northstar Pacific has intensified investments in tech companies in the past few years, including Go-Jek, the popular provider of motorcycle transportation and courier services in Indonesia. It also invests in Singapore’s Chope, provider of...
Oct 1, 2015 | Industries, Market
Financial closing of the giant 2×1000 MW Batang coal-fired power plant (CFPP) in Central Java will likely be delayed again because land acquisition for the remaining 12 hectares for the project yet to be completed. State-owned oil and gas company Pertamina,...
Oct 1, 2015 | Industries, Law, News Group
In a press conference at the Presidential Palace on September 29, 2015, the Government of Indonesia announced the second part of its Economic Policy Package, after previously releasing the first part of said Economic Policy Package on September 9, 2015. In the first...
Oct 1, 2015 | Industries, Market, News Group
The composite index of the Indonesia Stock Exchange (IDX) gained 1.02% to close at 4224 on Wednesday (Sept. 30) and foreign investors booked net buy of Rp288.1 billion, cutting year-to-date net sell to Rp13.1 trillion. Investors mostly collected finance stocks...
Sep 30, 2015 | Industries, News Group
Warung Kopi Mbah Sakijah in Blora, Central Java is an Indonesian coffee stall known for kopi santan, a cup of coffee served with coconut milk. Warung Kopi Mbah Sakijah is now a famous culinary tourism destination. It’s been featured in a variety of media outlets...
Sep 30, 2015 | Industries, Law, Market, Reviews
PT Intermedia Capital (MDIA) Tbk, parent of ANTV, posted net profit of Rp139.6 billion in the first half of 2015, down 13% from the corresponding period of 2014 due to significant increase in income tax charges and tax penalties. Intermedia actually reported strong...
Sep 29, 2015 | Industries, Market, Reviews
Composite index of Indonesia Stock Exchange (IDX) declined further by 1.25% Tuesday (Sept 29) on broad market sentiment as Nikkei 225 fell 3.66%, while All Ordinaries lost 2.8%. Hang Seng also fell 3.51%, while STI Index lost 1.53%. IDX might continue to be under...
Sep 29, 2015 | Industries, News Group, Politics
Indonesian officials are reportedly debating on how to move forward with PT Freeport Indonesia’s divestment. This is despite the Government Regulation (PP) No. 77/2014—the third amendment on the Government Regulation No. 23/2010 on the Implementation of Minerals...
