May 13, 2014 | Industries
Pretty much as predicted, slowdown in coal mining and export ban on mineral ores have affected domestic demand of explosive materials and, accordingly, key precursors like ammonium nitrate. Ancora Resources, parent of Multi Nitrotama Kimia, for example, reported 7.6%...
Mar 28, 2014 | Industries
In contrast to cars, which moved in the fast lane, tire manufacturers listed on Indonesia Stock Exchange (IDX) were all in the slow lane last year. The oldest player, Goodyear, reported 9.4% drop in sales revenue, while Gajah Tunggal (GJTL) and Multistrada Arahsarana...
Mar 24, 2014 | Industries
Indonesia has huge potentials for all kinds of cables. State-owned electricity company PT Perusahaan Listrik Negara (PLN), for example, will lay out more power grids in the next decade to serve growing demand, while relatively low penetration, yet huge potential, of...
Mar 24, 2014 | Industries
One of the most interesting events of the week is a meeting between leaders of Sinarmas Group and Wuhan Iron Steel (Wisco), the fourth largest steel manufacturer in China, with industry affairs minister MS Hidayat. Media reported about a plan from Sinarmas Group and...
Mar 24, 2014 | Industries
Bank Indonesia governor Agus Martowardojo admits that Indonesian economy is still vulnerable to global pressures. He points to weak and ineffective structural reforms introduced by the government behind recent corrections in rupiah and stock market following The...
Mar 21, 2014 | Industries
World Steel Association, which collects data from 65 steel producing countries responsible for 98% of total world crude steel production in 2013, reported crude steel production of 124.99 million tons last month, inched up 0.6% from February 2013. China, which...
Mar 13, 2014 | Business, Industries
For those diligently following Perusahaan Gas Negara (PGAS) and Bakrie Group, the signing of an agreement between Bakrie & Brothers (BNBR) and PGAS on March 10, 2014, related to construction of 207-KM gas pipeline connecting Petronas-operated Kepodang Gas Field...
Mar 10, 2014 | Business, Industries
Arpeni Pratama Ocean Line (APOL), Berlian Laju Tanker (BLTA), Humpuss Intermoda (HITS), and Samudera Indonesia (SMDRA) are still struggling to stay in the shipping business due to years of depression in the industry. Sinarmas and Salim Group, however, continue their...
