Feb 2, 2015 | Industries, Reviews
To be fair, Aneka Tambang (ANTM), the state-owned mining company, reported a strong performance in the last quarter of 2014. Higher volume and prices of ferronickel capped the downfall in volume and prices of gold. But, many wonder why they don’t see chemical grade...
Jan 30, 2015 | Industries
We have not reported on the progress of the development of the Jakarta Mass Rapid Transportation (MRT) project in quite some time. Seeing the progress of the project in and around the Sudirman road, we assumed that things were progressing swimmingly. Little did we...
Jan 30, 2015 | Industries
Pretty much as predicted, Papua governor Lukas Enembe went straight to President Joko ‘Jokowi’ Widodo yesterday to express Papuans’ rejection on PT Freeport Indonesia’s plan in building the US$1.5 billion copper smelter in Gresik, East Java province. Lukas asked for...
Jan 29, 2015 | Industries, Reviews
In the past three years, the growth of vehicles in Indonesia has been increasing approximately by 10 percent each year. Data from the Central Statistics Agency (BPS) show that in 2013 the number of vehicles in Indonesia reached 104,118,969, a significant jump from...
Jan 29, 2015 | Industries
In March 2006, almost nine years ago, Eramet SA (France) acquired Weda Bay Minerals Inc, developer of Weda Bay nickel project in Halmahera Island, North Maluku province. Almost six years ago, Mitsubishi Corporation acquired a 33.4% interest in Strand Minerals...
Jan 28, 2015 | Industries, News Group
The Ministry of Energy and Mineral Resources (ESDM) has given PT Aneka Tambang Tbk (ANTAM) the greenlight to acquire 10.6 percent of PT Freeport Indonesia (PTFI) by October 2015. PTFI had previously agreed to divest its shares to the Indonesian government in two...
Jan 27, 2015 | Industries
Bakrie Group is one of few companies granted three geothermal concessions in Indonesia under SBY regime. The group, whose subsidiaries have been struggling to survive from piles of debts, however, decided to sell one of the geothermal projects. Raya Group, a company...
Jan 27, 2015 | Industries
How many cards you have in your wallet? Ten? They could be ATM/Debit Card, Visa, Master, Amex, ID Card, Driver’s License, Tax ID, Life Insurance, Discount Cards, Club Membership. Number of cards (smart cards) grow with gadgets you bring everyday, like smartphones,...
Jan 26, 2015 | Industries, News Group
The Government of the Special Administrative Region Jakarta (PEMPROV DKI) have been struggling to improve upon the Capital City’s dilapidated infrastructure. Progress can be seen in some respects—repaving of streets and avenues are notably faster, floods drain...
Jan 23, 2015 | Industries
In the past few years, we’ve seen entry of major business groups in Indonesia’s e-commerce industry. The most recent is PT Surya Internusa (SSIA) Tbk, a company controlled by Suriadjaya Family, which plans to launch travelio.com for online booking of hotels. SSIA,...
