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Tiger Airways Books $104 Million Losses

Tiger Airways Books $104 Million Losses  

SINGAPORE, Indonesia Today - Tiger Airways Holdings Ltd, partner of Saratoga Investama in Mandala Airlines, posted net loss of $104.3…

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Cardig Aero Q1 Profit Grows 27%

Cardig Aero Q1 Profit Grows 27%  

JAKARTA, Indonesia Today - PT Cardig Aero Services Tbk (CASS) booked net profit of Rp42.58 billion in the first quarter…

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Mewah International Boosts Ownership in Indonesian Units

Mewah International Boosts Ownership in Indonesian Units  

SINGAPORE, Indonesia Today - Mewah International Inc has increased its equity stake in subsidiaries in Indonesia, namely PT Mas Sejahtera,…

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Buton Block's Benteng Prospect Drilling Result Expected for Early June

Buton Block's Benteng Prospect Drilling Result Expected for Early June  

LONDON, Indonesia Today - Premier Oil have program of around 12 exploration and appraisal wells, including the Benteng wells, Indonesia, which…

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Indus Capital Controls CBM Asia

Indus Capital Controls CBM Asia  

VANCOUVER, Indonesia Today - Indus Capital Partners LLC acquires a 9.7% interest in CBM Asia Development Corp. and become majority…

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Avillion Hotel Expands in Indonesia

Avillion Hotel Expands in Indonesia 

KUALA LUMPUR, Indonesia Today - Avillion Hotel Group Sdn Bhd (AHG) and Avillion Hotels International Sdn Bhd (AHI), both wholly…

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Buana Finance Bags Rp125 Billion Loan from 2 Banks

Buana Finance Bags Rp125 Billion Loan from 2 Banks  

JAKARTA, Indonesia Today - Consumer financing company PT Buana Finance Tbk (BBLD) has secured Rp125 billion loan from 2 banks.

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Volvo's UD Trucks Jumps 143% in Indonesia

Volvo's UD Trucks Jumps 143% in Indonesia  

GOTEBORG, Indonesia Today - Volvo Group's truck operations reported a 4% decrease of deliveries to 18,497 vehicles worldwide last month.…

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Medco Energi Offers Rp1.5 Trillion Bond

Medco Energi Offers Rp1.5 Trillion Bond 

JAKARTA, Indonesia Today - PT Medco Energi Internasional Tbk (MEDC), a company controlled by Arifin Panigoro, today commences the offering…

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BCA to Pay Dividend Rp113.50 per Share

BCA to Pay Dividend Rp113.50 per Share  

JAKARTA, Indonesia Today - PT Bank Central Asia Tbk (BCA) will pay dividend of Rp113.50 per share for 2011 fiscal…

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Govt Offers Flexibility on Profit Sharing for Deepwater Exploration

Govt Offers Flexibility on Profit Sharing for Deepwater Exploration  

TANAH LOT, Indonesia Today - Ministry of Energy & Mineral Resources offers the flexibility on profit sharing for investing in…

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BPMigas Challenges Pertamina, Local Government to Invest in Mahakam Block

BPMigas Challenges Pertamina, Local Government to Invest in Mahakam Block 

TANAH LOT, Indonesia Today - The government challenges state-owned oil and gas company Pertamina and local government in East Kalimantan…

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Latest News

Summarecon Books Rp1.65 Trillion Pre Marketing Sales

JAKARTA, Indonesia Today - Real-estate developer PT Summarecon Agung Tbk (SMRA) booked pre marketing sales of Rp1.65% it the first 5 ...

Property | Friday, 18 May 2012

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Basarnas Stops Evacuation Operation of Sukhoi’s Victims

JAKARTA, Indonesia Today – The National Search and Rescue Agency (Basarnas) has decided to stop the operation to evacuate all vi...

People | Friday, 18 May 2012

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Moody's Downgrades 16 Spanish Banks

MADRID, Indonesia Today - Moody's Investors Service has today downgraded by one to three notches the long-term debt and deposit ra...

Banking | Friday, 18 May 2012

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Suharto’s Grandson Fails to Show Up for Police Summon

JAKARTA, Indonesia Today - Ari Haryo Wibowo Hardjojudanto, popular as Ari Sigit, grandson of the late president Soeharto and a su...

People | Friday, 18 May 2012

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APP Announces New Policies on High Conservation Value Forest

JAKARTA, Indonesia Today - Asia Pulp & Paper Group (APP) has announced its new High Conservation Value Forest policies to ev...

Chemical | Thursday, 17 May 2012

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Zacks Investment: Indonesia, the Rising Star of Asia

CHICAGO, Indonesia Today - Emerging markets are an important part of the global economy and increasingly significant contributors to the gl...

Stocks | Thursday, 17 May 2012

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Prisma Resources Deploys NetSuite Cloud Solution for Business Efficiency

SAN FRANCISCO, Indonesia Today - NetSuite SuiteWorld 2012 -- NetSuite Inc., the industry's leading provider of cloud-based financials/ERP software suites, an...

Mining | Thursday, 17 May 2012

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Linktone Reports Lower Revenue in Q1, Indonesian Regulation a Factor

  BEIJING, Indonesia Today - Linktone Ltd., a provider of media and entertainment content and services in key strategic markets in ...

Telco | Thursday, 17 May 2012

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Govt Mulls Gas Hydrates Deepwater Exploration

TANAH LOT, Indonesia Today - Ministry of Energy & Mineral Resources is considering gas hydrates deepwater exploration on southern Sumatera–Java is...

Energy | Wednesday, 16 May 2012

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Political Issues Undermine Oil and Gas Investment in Indonesia

TANAH LOT, Indonesia Today - Ministry of Energy & Mineral Resources admits that political atmosphere complicates the oil & gas ...

Energy | Wednesday, 16 May 2012

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Sinarmas Land Acquires Bumi Samarinda Indah

SINGAPORE, Indonesia Today - Sinarmas Land Limited together with its subsidiaries (the Group) announces today that its subsidiary has subscribed ...

Property | Wednesday, 16 May 2012

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Augur Confirms Excellent Metallurgical Results from Wonogiri

SYDNEY, Indonesia Today - Augur Resources Ltd announces today that results from ALS Ammtec confirm the excellent recoveries by floating wi...

Mining | Wednesday, 16 May 2012

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Naga Selatan-1 Well Drilling Reaches 5,000 Feet

MELBOURNE, Indonesia Today - Drilling in Naga Selatan-1 well on Mahakam Hilir PSC has reached 5,000 feet MD (measured depth) an...

Energy | Wednesday, 16 May 2012

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Padang Resources Secures Drill Core and Data on Paser Project

SYDNEY, Indonesia Today - Padang Resources Limited has secured the drill core and data from previous exploration undertaken on the Pa...

Mining | Wednesday, 16 May 2012

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Medco Files Counterclaim against Rio Kurnia

JAKARTA, Indonesia Today - PT Medco E&P, subsidiary of Medco Energi (MEDC), files a counterclaim against transportation company PT Rio Ku...

Dispute | Wednesday, 16 May 2012

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Indonesia Enhances Resilience to Global Volatility with World Bank Support

WASHINGTON, Indonesia Today - The World Bank executive board today approved a new budget support operation worth $2 billion designed to...

Indonesia Macro | Wednesday, 16 May 2012

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Sukhoi's Black Box Found

BOGOR, Indonesia Today - Army's Special Forces has finally found crashed Sukhoi Superhet 100’s black box around 100 meters from ta...

People | Wednesday, 16 May 2012

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CBM Asia & Continental Join Forces for Indonesian CBM

JAKARTA, Indonesia Today - Continental Energy Corporation and CBM Asia Development have signed a joint study and bid group agreement fo...

Energy | Tuesday, 15 May 2012

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Andalan Prospect Drilling Going Well, Hess Says

TANAH LOT, Indonesia Today - Hess Corporation says drilling at Andalan prospect on Semai V Block, Papua is currently going we...

Energy | Tuesday, 15 May 2012

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Mining and Agriculture Stocks Push IDX Down

JAKARTA, Indonesia Today - Composite index of the Indonesia Stock Exchange (IDX) ended down 0.18% at 4,045.64 points dragged down mi...

Stocks | Tuesday, 15 May 2012

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Moody's Downgrades Italian Banks, Outlooks Remain Negative

MILAN, Indonesia Today - Moody's Investors Service has today downgraded by one to four notches the long-term debt and deposit ...

Banking | Tuesday, 15 May 2012

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Lawmakers to Summon Transportation Minister on Sukhoi Crash

JAKARTA, Indonesia Today - Commission V of The House (overseeing transportation and communication) will summon Transportation Minister related with the ...

People | Tuesday, 15 May 2012

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KPPU Appeals Pfizer and Dexa Medica to Supreme Court

JAKARTA, Indonesia Today – Business Competition Supervisory Commission (KPPU) makes further legal action on the drug cartel allegation case against PT...

Regulations | Tuesday, 15 May 2012

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Bank Nagari Kicks Off Rp225 Billion Bond Issue

JAKARTA, Indonesia Today - Regional development bank PT Bank Pembangunan Daerah Sumatera Barat (Bank Nagari) announces on prospectus today it pl...

Banking | Tuesday, 15 May 2012

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Indonesia Finance

Theindonesiatoday.com - Regional development bank PT Bank Pembangunan Daerah Jawa Tengah (Bank Jateng) posted net profit of Rp379.4 billion in nine months to September of 2010, higher than Rp326.6 billion in the same period of last year.

It booked net interest income of Rp978.56 billion while interest income totaled Rp1.74 trillion. Operating profit rose to Rp502.4 billion, from Rp470.6 billion a previous year.

The bank's assets reached Rp19.59 trillion, of which credit totaled Rp11.49 trillion. It booked third party's funds of Rp17 trillion. (hans@theindonesiatoday.com)


More articles :

» Anggodo Widjojo Sentenced to 4 Years in Jail

Panel of Judges at the Corruption Court (Tipikor) on Tuesday issued verdict to sentence business main and case broker Anggodo Widjojo four years in jail for implicating in a corrupt case. The sentence is 2 years lower than the original charges of 6...

» Yawadwipa Companies Launched with US$1 Billion Java Fund

Theindonesiatoday.com - A collection of well-established Indonesian partners and two key executives formally announced today the launch and initial funding of the Yawadwipa Companies, a merchant banking operation comprised of entities initially...

» Credit Card's Non Performing Loan Reaches Rp1.52 Trillion

JAKARTA, Indonesia Today - Bank Indonesia reported non performing loan (NPL) of credit cards totaled Rp1.52 trillion as of January 2012.

» BP Sells Pompano and Mica Fields

Theindonesiatoday.com - BP has agreed to sell its interests in the Pompano and Mica fields in the deepwater Gulf of Mexico to Stone Energy Offshore, LLC, a subsidiary of Stone Energy Corp, for $204 million in cash.

» BRI Intends to Split Share Price This Year End

PT Bank Rakyat Indonesia, the second largest bank by assets, plans to split its share (stock split) by one-for-two or one-for-four, aiming to boost the liquidity in stock market, Bisnis Indonesia reported on Tuesday.

» Petra Foods raised S$85.2M for expansion

Petra Foods Limited, one of the world's major manufactures and suppliers of cocoa ingredients, has on Wednesday launched a private placement of 65,741,000 new shares with an option to increase by up to 13,139,000 additional new shares.

» Fitch Rates Toyota Astra Financial 'AAA(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has assigned Indonesia-based PT Toyota Astra Financial Services (TAFS) a National Long-Term Rating of 'AAA(idn)' with a stable outlook.

» Ancora to Build Ammonium Nitrate Plant in Cikampek

PT Ancora Indonesia Resources Tbk (OKAS) said it plans to build ammonium nitrate plant in Cikampek, West Java, with investment value of US$30-40 million, Investor Daily reported on Friday.

» Bakrie & Brothers Posts Rp565 Billion Loss

Theindonesiatoday.com - PT Bakrie & Brothers (BNBR) Tbk posted net loss of Rp565.98 billion in the first nine months of 2010, surged from Rp67.6 billion in the same period last year due to substantial increase of interest expenses.

» Maybank Issues S$1 Billion Subordinated Notes

Theindonesiatoday.com - Malayan Banking Berhad (Maybank), controlling shareholder of Bank Internasional Indonesia (BNII), announced on Thursday (April 21) that it had successfully priced its S$1.0 billion subordinated notes.

» DHASATRA Expands Xpress Money Network in Indonesia

Theindonesiatoday.com - Instant Money Transfer brand Xpress Money has entered into an agreement with DHASATRA Indonesian Remittances. This alliance will add a further 4000 locations to the existing 8000 Xpress Money locations in Indonesia through PT...

» Chairul Tanjung and Sandiaga Uno Bet on Bank Muamalat

Theindonesiatoday.com - Two businessmen Chairul Tanjung and Sandiaga Uno are betting on acquiring PT Bank Muamalat Tbk. Also competing are PT Bank Mandiri Tbk (BMRI) and five foreign banks, Detikfinance.com reported.

» Jaya Pari Steel Q1 Profit Doubled

Theindonesiatoday.com - Steel product maker PT Jaya Pari Steel Tbk (JPRS) posted net profit of Rp23.93 billion in the first quarter (Q1) of 2011, doubled from Rp11.93 billion in the corresponding period of last year.

» PLTU Indramayu to Supply Electricity for Java, Bali in November

One unit of Coal-Fired Steam Power Plant (PLTU) Indramayu will start to supply 330 megawatt (MW) electricity for Java-Bali power grid system by mid November this year, an official at state utility PT Perusahaan Listrik Negara (PLN) said today.

» United Tractors Pays Out Rp2.37 Trillion Cash Dividend

JAKARTA, Indonesia Today - Shareholders of United Tractors (UNTR), subsidiary of Astra International (ASII), have on Friday (April 20) agreed to pay out Rp2.37 trillion in cash dividend for financial year 2011 or about 40% of its total net profit...

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