Sep 13, 2015 | Commodities, Industries, Market, Reviews
Nickel retreated to US$10190 per ton in London Metal Exchange (LME) Friday, Sept 11, but recorded 3.5% gain in the week. Dr Copper and aluminium also gained 1.4% each, while tin advanced 2.3%. Supply cuts from major miners contributed to the weekly gains, but...
Sep 11, 2015 | Industries, Market, Reviews
Depreciation of rupiah and expansion of free-visa facility might boost tourism industry in the short term and becoming safety net for the country amidst economic slowdown. The labor-intensive industry, in the medium-long term, meanwhile, will get a boost from...
Sep 11, 2015 | Industries, Law, News Group
The Government will reportedly issue a Presidential Regulation (Perpres) to accelerate the development of new oil refineries. The Director of Processing of PT Pertamina (Persero) Rachmad Hardadi told the press that the regulation is expected to be published in one or...
Sep 11, 2015 | Industries, News Group
The Ministry of Energy and Mineral Resources (ESDM) is planning to build 4 new oil refineries in the next 10 years. The 4 refineries planned would have the capacity of 668,000 barrels per day, ESDM Minister Sudirman Said told the press yesterday (Sep. 10). Sudirman...
Sep 11, 2015 | Industries, Market, Reviews
PT Citra Marga Lintas Jabar (CMLJ), a joint venture between Citra Marga Nusaphala Persada (CMNP), Wijaya Karya (WIKA), and PT Jasa Sarana (owned by West Java government), has on Thursday (Sept 10) kicked off field construction of the long-delayed Soreang-Pasir Koja...
Sep 10, 2015 | Industries, Law, Market, Politics, Reviews
Coordinating ministry of the economics has published power point presentation about the so-called September 2015 Economic Package few hours ago. The presentation provides details of policies being drafted and expected timeline. We hereby summarise some of them for...
Sep 10, 2015 | Industries, News Group
Crude oil fell 1.45% to US$43.51 per barrel in Asian trading this morning, moving in volatile in past 2 weeks and peaked at US$48.34 in September 3. Some analysts said that crude oil prices fell again due to oversupply concerns. Some said that Warren Buffet’s...
Sep 9, 2015 | Industries, Market, Reviews
Shares of some property companies have gained significantly in the past few days as investors anticipated stimulus package from President Jokowi. The President only briefly talked about property when announcing the package, but some managed to get sneak preview of...
Sep 9, 2015 | Industries, Law, News Group, Politics
President Joko “Jokowi” Widodo attended the groundbreaking of the Greater Jakarta (Jakarta-Bogor-Depok-Tangerang-Bekasi) Light Rail Transit (LRT) construction earlier today, after publishing two Presidential Regulations to accelerate the process yesterday....
Sep 9, 2015 | Industries, Market, Reviews
PT Semen Indonesia (SMGR) Tbk, the largest cement producer, recorded stronger sales in August for all of its subsidiaries in Java, Sulawesi, and Sumatra. The Company believes implementation of infrastructure projects have started to reflect the growth. “In...
