May 16, 2015 | Industries, Reviews
Franky Sibarani, head of Investment Coordinating Board (BKPM), was in Beijing this week, where he got confirmation from SAIC Motor Corporation, partner of General Motors in China, about its investment plan in Indonesia. Franky told reporters that he met the board of...
May 14, 2015 | Industries, Market
Shares of cable manufacturers have rarely been traded in the market regardless of their bottom lines. Most of them are now traded way below their equities. It is true that they performed weaker in the first quarter of 2015, but who’s not? As you can see in the...
May 14, 2015 | Industries, Market
PT Profesional Telekomunikasi Indonesia (Protelindo), subsidiary of PT Sarana Menara Nusantara (TOWR) Tbk, a company controlled by Djarum Group, has signed conditional agreement to acquire 100% shares in PT iForte Solusi Infotek. The deal is interesting because...
May 13, 2015 | Industries, Market
Smooth operation of trans-Java toll road, connecting Jakarta and Surabaya, depends on the ability of MNC Group of Hary Tanoesoedibjo to build the Pemalang-Batang and Batang-Semarang turnpikes in Central Java. These projects were initially granted by SBY-Kalla...
May 13, 2015 | Industries, Market
Most companies listed on Indonesia Stock Exchange (IDX) reported significant fall in sales and margins in the first quarter of 2015. Some companies, including in the forestry sector, interestingly, performed stronger. Let’s revisit them. SLJG GLOBAL (SULI): This...
May 12, 2015 | Industries, Law
Investigation into corruption case surrounding the supply of condensates to the troubled petrochemical company PT Trans Pacific Petrochemical Indotama (TPPI) has dragged two former senior officials of the Upstream Oil and Gas Regulatory Body (BPMigas, now SKKMigas)....
May 11, 2015 | Industries, Law, Politics
Pretty much as predicted, national police has named two names previously mentioned in our list suspects in the corruption case evolved around the troubled petrochemical complex PT Trans Pacific Petrochemical Indotama, otherwise known Tuban Petrochemical Complex....
May 11, 2015 | Industries, Market
The government has early last week launched the ambitious 35,000 MW power project. State-owned PT Perusahaan Listrik Negara (PLN) will take on 10,000 MW, equal to 2,000 MW per annum and investment cost of around US$4 billion. The balance needs investment from the...
May 11, 2015 | Industries, Politics
President Joko ‘Jokowi’ Widodo is probably the only president ever visiting Papua three times in less than one year. Over the weekend, he kicked off construction of a Rp1.5 trillion flyover connecting Hamadi and Holtekam in Jayapura, the capital city of...
May 10, 2015 | Commodities, Industries, Market
We all know that tens of companies have announced plans to build nickel smelters in North Maluku province over the years with investment commitment of more than US$10 billion. Two of them are Weda Bay Nickel (US$5 billion) and FeNi Haltim of Aneka Tambang (US$1.6...
