Indonesia Stock Markets News
Tjiwi Kimia to Pump $167.2m for Pulp Unit in S. Sumatra
Pabrik Kertas Tjiwi Kimia, a paper and stationery manufacturer, will inject $167.2 million to its subsidiary Oki Pulp & Paper Mills by June for development of a pulp and tissue factory in South Sumatra. The funds is the second part of Tjiwi's $407 …
Spring wheat markets in downward trend as 2014 begins
Spring wheat started the new year of 2014 the same way it ended 2013 – on a downslide. Prices were ranging from $5.60 to $6.10 a bushel across the region, and averaging about $5.90 a bushel, according to Jim Peterson, marketing director for the North …
Bumi gets shareholders' approval for debt deal
Coal-mining company PT Bumi Resources obtained shareholders' approval to swap its equity in subsidiaries to debts owed to the China Investment Corporation (CIC). In an extraordinary shareholders meeting on Friday, Bumi Resources managed to secure the …
SMGR eyes Bangladesh after Vietnam, Myanmar
State-owned cement producer PT Semen Indonesia, trading on the Indonesia Stock Exchange (IDX) as SMGR, is seeking to expand to Bangladesh, after success in Vietnam and plans to enter Myanmar later this year. "We will probably acquire grinding mills in …
Sherritt Sets Date for Meeting of Shareholders
TORONTO, ONTARIO--(Marketwired - Jan. 10, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Sherritt International Corporation ("Sherritt") (TSX:S) announced today that it has selected May …
Nigeria among world's next economic powerhouses
First it was the Brics. For a while the Civets were in vogue. Now the Mints are the ones to watch. Confused? Well, once you know your acronyms it all becomes clear. The Brics are Brazil, Russia, India and China – four emerging economies lumped together by …
WZ Satu, Fitters, Sime Darby, Jobstreet, B.Assets, Bursa, Seacera, plantations
KUALA LUMPUR (Jan 10): Based on official and corporate announcements today, the companies and stocks that may spark some interest on Monday (Jan 13) include the following: WZ SATU Bhd announced three proposals that will see the company issue a …
Record Week for Asian Dollar Bonds as Borrowers Lock in Rates
Jan. 10 (Bloomberg) -- Asian governments and companies sold a record amount of debt in the U.S. currency this week to lock in borrowing costs before expected yield increases. China Aoyuan Property Group Ltd. marketed notes. Issuers from the region outside …
Ignore Wall Street Is Skagen's Advice With Emerging Markets Bet
Jan. 10 (Bloomberg) -- Skagen AS, a Norway-based investor that has outperformed funds run by Goldman Sachs Group Inc. and JPMorgan Chase & Co. over the past decade, is telling clients to ignore Wall Street's biggest banks and buy emerging markets. …
Mint condition: countries tipped as the next economic powerhouses
A Nigerian man at a Porsche dealership in Lagos. Nigeria is aiming to become Africa's economic hub. Photograph: Reuters First it was the Brics. For a while the Civets were in vogue. Now the Mints are the ones to watch. Confused? Well, once you know …
Indonesian cinema chain eyes IPO in Q1 2014
By Fathiyah Dahrul and Andjarsari Paramaditha Indonesian movie theatre chain Blitzmegaplex aims to kick off an initial public offering in the first quarter of this year to raise funds to build 15 cinemas at a cost of about $35 million as it tries to …
Indonesia looks to ease mineral export ban
By Wilda Asmarini and Fergus Jensen Indonesia's mining ministry sought to ease a controversial mineral export ban before its Sunday deadline, but still looked set to prohibit more than $2 billion worth of annual nickel ore and bauxite shipments. …
Plan to list 1st cinema chain in Indonesia
Published: 2014/01/08 JAKARTA: Indonesian movie theatre chain Blitzmegaplex aims to kick off an initial public offering in the first quarter of this year to raise funds to build 15 cinemas at a cost of about US$35 million (RM114.8 million) as it tries to …
Indonesia's Mining Ministry Looks to Ease Mineral Export Ban
Trucks carry ore from stockpiles at Newmont Mining Corp's copper and gold mine on Indonesia's Sumbawa island in this Sept. 21, 2012 file photo. Indonesian government officials are scrambling to pass regulations to ease a ban on unprocessed mineral ore …
Indonesia's Blitz Megaplex Signals IPO
HONG KONG – Indonesia's number two movie theater chain Blitz Megaplex says that it intends to launch an initial public offering of its shares on the Jakarta Stock Exchange. At a press conference Wednesday in Jakarta, the company said that it aimed to go …
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