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Malaysia’s Press Metal Buys 25% of Indonesian Alumina Refinary

JAKARTA (TheInsiderStories) - Malaysia' Press Metal (8869) inked an agreement to subscribe 25 percent equity interest in PT Bintan Alumina Indonesia (BAI) for US$80.23 million,...

Indonesia’s Pertamina Raises US$1.5B From GMTN

JAKARTA (TheInsiderStories) - State-owned oil producer, PT Pertamina re-issued two series Global Medium Term Notes with total amount US$1.5 billion. Series A have tenure...

Too Much Intervention Could Affect Pertamina’s Long Term Projects

JAKARTA (TheInsiderStories)—Too much government intervention in the changing Pertamina’s board of directors potentially cause crucial projects delays and disrupt long term plans of the...