May 10, 2015 | Industries, Market
President Joko ‘Jokowi’ Widodo pledged to build Ternate port in Nort Maluku to speed up economic development in the province, which is home to the long-delayed US$5 billion nickel project planned by Eramet, Mitsubishi, and Aneka Tambang. North Maluku...
May 9, 2015 | Industries, Market, Reviews
Flag carrier Garuda Indonesia (GIAA) booked net profit of US$11.4 million in the first quarter of 2015 against net loss of US$168 million in the corresponding period of 2014. It carried more passengers and paid less for fuels in the quarter, but the airline might have...
May 8, 2015 | Industries, Reviews
President Joko Widodo’s campaign to develop maritime and fisheries has started to gain traction. In the first few months of the year, some foreign investors have applied for approval to build cold storage and other facilities. A Thailand-based group, for...
May 8, 2015 | Industries, Reviews
Marine and fisheries sector has gained more attention thanks to a variety of breakthroughs made by the popular Minister of Marine and Fisheries Susi Pudjiastuti. Financial institutions provided very limited support to the industry in the past. But, things start to...
May 8, 2015 | Industries, Reviews
State-owned electricity company PT Perusahaan Listrik Negara (PLN) booked net loss of Rp5.52 trillion in the first quarter of 2015 mostly due to huge non-cash loss on foreign exchange translation of Rp12.1 trillion. There are, however, lots of interesting issues we...
May 8, 2015 | Commodities, Industries, Politics
Maluku province is interesting not only because of Masela Block, where Inpex and Shell build Abadi LNG, but because of its other potentials, especially in mining (nickel and iron sands) and fisheries, and the upcoming political changes in the regency level. Four...
May 6, 2015 | Industries, News Group
Twenty-six Indonesian companies expected to generate a potential transaction of 10 million USD during the 2015 Salon International de l’Alimentation (SIAL) Canada. SIAL Canada is an international agro-food industry event. It was held from April 28 to 30 in Toronto and...
May 6, 2015 | Industries, Market
PT Pelabuhan Indonesia II, the state-owned port management company, which manages the country’s largest port Tanjung Priok, has succeeded in issuing US$1.6 billion worth of Notes in the bond market of Singapore Exchange (SFX). The Notes will be listed and quoted...
May 6, 2015 | Commodities, Industries, Market
Out of so many companies announcing plans to build nickel smelter after implementation of mineral ore export ban in January 2014, China Hanking Holdings Limited, a company listed on the stock exchange of Hong Kong, might be considered among serious players. Why? As...
May 5, 2015 | Industries, Law
The National Police searched the offices of Upstream Oil and Gas Regulatory Task Force (SKKMigas) and PT Trans Pacific Petrochemical Indotama (TPPI) in Jakarta on Tuesday (May 5). Both institutions are accused of involvement in corruption case with hundreds of million...
