Aug 1, 2012 | Industries, Profiles
Started out business in fashion, Kagum Group has grown into a substantial property and leisure group in the country. The group might be considered king of factory outlets in the country. It has also expanded into banking and dinning business. We’re talking about...
Aug 1, 2012 | Commodities, Industries, News Group
Thermal coal price in Newcastle Port, Australia, the largest coal export terminal in the region, stood at US$91.55 per ton Friday (August 17). The commodity is now 26% below January 2012 price. Pressures on coal-related stocks continue in the region. In this report:...
Jul 12, 2012 | Industries, Market, News Group
Bank Maspion Indonesia, based in Surabaya, East Java, has finally kicked off the initial public offering (IPO) after years of on-and-off, including plan to divest the bank to strategic investors. The bank offers 380 million shares, representing 10.98% of its total...
Jul 11, 2012 | Industries, Mining, News Group
The Supreme Court had reportedly granted, in partial, a request by the Indonesian Nickel Association (ANI) and the Association of Municipality Governments of Indonesia (Apkasi) to have the government amending Energy and mineral resources minister Regulation No 7/2012,...
Jul 11, 2012 | Industries, Mining, News Group
Canadian Newspaper Financial Post reported few hours ago that Pertamina, Indonesia’s state-owned oil and gas company, might acquire TSX-listed Coastal Energy for US$2.6 billion. The report has lifted Coastal Energy’s share price by 6.32% Tuesday. What is...
Jul 10, 2012 | Agriculture, Industries, News Group
Can you identify which major group does not have oil palm plantation business? Most coal players are also palm oil producers. But, not all palm oil giants are in the coal business. Here we are, four provinces in Kalimantan have issued plantation licenses covering more...
Jul 9, 2012 | Agriculture, Industries, News Group
Crude palm oil (CPO) failed to tracking broad market sentiments Friday (Sept 7) as the benchmark November contracts ended further down by RM21 to RM2927 per ton. September bids were as low as RM2776, while January 2013 contracts drop to below RM3000. In...
Jul 8, 2012 | Industries, Mining, News Group
If you regularly follow news on major Australian mining companies with Indonesian projects, the name of Taurus Funds Management might be not that strange. Taurus Fund is an Australian global fund manager specializing in mining and related industry investment. The fund...
Jul 8, 2012 | Industries, Mining, News Group
Shares of PT Exploitasi Energi Indonesia (CNKO) Tbk surged 11.5% to Rp194 Monday (Aug 6) as the company kicked off the issue of 5.4 billion new shares at Rp500 per share to raise Rp2.7 trillion. About 99.97% of the proceeds will be used to acquire EBI, which...
Jul 7, 2012 | Industries, Mining, News Group
We have seen broad market sentiment behind recovery of IDX composite in the past three weeks. For the week ended July 6, IDX composite gained 2.52% to 4,055. Foreign investors have returned to net buy of Indonesian stocks for two consecutive week. For the week ended...
