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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 - The Export-Import Bank of Korea issues Rp425 billion fixed rate FX Linked Notes due 2016 under the US$15 billion Euro Medium Term Note Program.

JP Morgan is the sole bookrunner and manager of the rupiah Notes, which carries interest rate of 8.4% per annum and listed on the SGX. 

Last November, Korea Eximbank also issued Rp1.725 trillion fixed rate FX Linked Notes due 2013. Also arranged by JP Morgan, the Notes bears interest rate of 6.6% per annum.

According to Korea Eximbank's annual report, Indonesia was the second largest recipients behind Vietnam for its new loan commitments last year. Korea Eximbank provided a total commitment of 308.3 billion won, while Indonesia received 160.5 billion won.

One of its largest project under EDCF is the development of Karian Multipurpose Dam Project in Indonesia worth US$100 million. (Theindonesiatoday.com)

 


More articles :

» East Java Govt Proposes to Have Interest in West Madura

Theindonesiatoday.com - The Upstream Oil and Gas Regulatory Body (BPMigas) said local government of East Java Province has proposed to have interest in West Madura Offshore Block.

» HSBC to Divest Banking Business in Panama

HONG KONG, Indonesia Today - After divesting its Thailand Retail Banking and Wealth Management business, The Hongkong and Shanghai Banking Corporation Limited (HSBC) also will divest its HSBC Bank (Panama) SA by fourth quarter 2012.

» Bank Mandiri Revises Up Loan Growth Target

Theindonesiatoday.com - PT Bank Mandiri Tbk (BMRI) has revised up its target of loan growth to 23% from previous 22% for the second quarter of 2011, Bisnis Indonesia reported this morning.

» Hendropriyono, New Commissioner of Duta Graha

Theindonesiatoday.com - Shareholders of property developer PT Duta Graha Indah Tbk (DGIK) had on Thursday (Oct. 6) appointed A.M. Hendropriyono, former chief of the State Intelligence Agency (BIN), as new commissioner of the company.

» Central Govt Approves Bylaw, Papua Proceeds with Governor Election

JAKARTA, Indonesia Today – Internal affairs minister, Gamawan Fauzi, has finally given approval to the special bylaw (Perdasus) about Papua governor election, which has been submitted in mid Desember 2011 by the Papua House of Regional...

» Maybank Posts RM2.18 Billion Profit, Grows 13%

Theindonesiatoday.com - The largest bank in Malaysia, Maybank Bhd, posted RM2.18 billion of net profit for the second half ended December 2010. The number jumped 13% compared to the same period of previous year.

» Bukit Asam's Power Unit Secures $219.79 Mln Loan from BNI

Theindonesiatoday.com - Steam power plant company PT Bukit Pembangkit Innovative (BPI), unit of state coal miner PT Batubara Bukit Asam Tbk (PTBA), had in Sept 15, 2011 signed loan facility agreement amounting US$219.79 million with state bank PT...

» Adaro Allocates $100 Million for Port Capacity Expansion

Theindonesiatoday.com - Coal miner PT Adaro Energy Tbk (ADRO) plans to increase its coal port capacity to 80 million tons per year from current 55 million tons, Investor Daily reported this morning. The port is located in Kelanis, East Kalimantan.

» PLN to Build Coal-Fired Power Plant in Biak

State-owned electricity company plans to invest Rp400 billion to build coal-fired power plant in Biak Numfor, Papua. The power plant is expected to commence its operation in 2012.

» BPMigas: Only Three Oil-Gas Companies with Tax in Arrears

Theindonesiatoday.com - The Upstream Oil and Gas Regulatory Body (BPMigas) said only three oil and gas companies with tax in arrears, mainly those incorporated under the British Law.

» CORRECTION: Sorikmas Holds Clear & Clean Mining License

Theindonesiatoday.com - Sihayo Gold Ltd reveals that PT Sorikmas Mining holds a legal Contract of Work (KK) for its gold mining activity on Mandailing Natal Regency, North Sumatera.

» Commonwealth Bank Seeking Court Order to Auction Former Employee’s House

Theindonesiatoday.com - PT Commonwealth Bank, Indonesian operation of Australia’s Commonwealth Bank, has submitted seven additional evidences to the South Jakarta District Court, to give legal basis for the bank to auction collateralized...

» Cessna Light Aircraft Crashes At Bandung Airshow

Theindonesiatoday.com -- A Cessna light aircraft (super decathlon PK-NZP) crashed at the Husein Sastranegara Airport runway,  at the arena of Bandung Air Show 2010. Witnesses said the aircraft took off but soon fell again on the runway, Antara...

» Djan Faridz Vows Breakthrough for Foreigners Own Indonesian Properties

Theindonesiatoday.com - Djan Faridz, newly appointed Minister of Public Housing, who is also a property developer, vows a breakthrough to allow foreigners own apartment and other properties in Indonesia.

» Kingsford Launches Tender Offer for Kageo Igar Stake

Theindonesiatoday.com - Kingsford Holdings, a new majority shareholder of PT Kageo Igar Jaya Tbk (IGAR), today officially launched the tender offer over all IGAR shares after gaining approval from the capital market regulator (Bapepam) in 20...

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