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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

SINGAPORE, Indonesia Today - Keppel Corporation Ltd has doubled the limit of multi-currency medium term note (MTN) program from US$600 million to US$1.2 billion. 

Keppel told Singapore Exchange Thursday (Feb 2) that net proceeds from the issue of the multi-currency medium term notes under the Upsized Program will be used for general corporate or working capital purposes or such other purposes as may be specified in the relevant pricing supplement for the Notes.

In the meantime, Cambridge Industrial Trust Management Ltd established a S$500 million MTN program. CIT Trustee has appointed ANZ Banking Group Ltd as the arranger and dealer of the MTN program.

The net proceeds arising from the issue of the Notes under the MTN Program will be used for the purpose of on-lending to the CIT Trustee to (a) refinance the existing borrowings of CIT and its subsidiaries, (b) finance or refinance the acquisitions and/or investments of CIT and any development and asset enhancement works initiated by CIT or (c) finance general working capital and capital expenditure requirements of CIT and its subsidiaries. (Indonesia Today)


More articles :

» Chevron Deepwater Gas Project in Indonesia Enters Design Phase

Theindonesiatoday.com - Chevron Corporation (NYSE:CVX) today announced the award of major front-end engineering and design (FEED) contracts for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia.

» Sanichi Secures Coal Supply Commitment from CV Permata

Theindonesiatoday.com - Sanichi Technology Bhd secures Indonesian coal supply commitment for up to 3 million tons per annum for a period of two years with CV Permata Al Zahra.

» Bank Mayapada 9 Months Profit Soars 233%

Theindonesiatoday.com - PT Bank Mayapada Internasional Tbk posted net profit of Rp122.3 billion in the nine months to September of this year, soared 233% from Rp36.7 billion in the same period of last year.

» Leo Resources Enters Drilling Services Business

JAKARTA, Indonesia Today - PT Leo Resources, a subsidiary of PT Leo Investments Tbk (ITTG) enters drilling services business by acquiring one onshore rig plus its supporting equipments for US$10.2 million in 2012, while it also will postpone its...

» Pertamina Withdraws 1.995 Mln 3-kg Void Gas Canisters

State oil and gas company PT Pertamina said it has withdrawn 1.995 million of subsidized void 3-kilograms LPG canisters as part of move to prevent gas explosions that have happened almost every day over the past few months.

» Bakrie Brothers Q1 Net Profit Surges 109%

PT Bakriie & Brothers Tbk (BNBR), the holding company of Bakrie group companies, posted net profit of Rp47.3 billion in the first three months to March, jumped 109.3%, from Rp22.6 billion in the same period last year, aided by higher sales.

» Marubeni Acquires YTL Shares in PT Jawa Power for US$224 Million

Theindonesiatoday.com - Marubeni Corporation and its wholly-owned subsidiary, Aster Power, have entered into the sale and purchase of 42.86% shares in YTL Jawa BV for US$224 million.

» World Bank Provides $890 Million Loan for Indonesia

Theindonesiatoday.com - The World Bank had in May 26, 2011 approved to provide US$890 million loan for funding infrastructure and power projects in Indonesia.

» Visi Media IPO Pushed Back

Theindonesiatoday.com - Initial public offering (IPO) of PT Visi Media Asia Tbk, parent of ANTV, TVOne, and Vivanews.com controlled by Bakrie Group, has reportedly been pushed back to late September.

» Bank BJB Books Rp270.35 Billion in Q1

JAKARTA, Indonesia Today - PT Bank Pembangunan Daerah Jawa Barat dan Banten (BJB) Tbk (BJBR) booked net profit of Rp270.35 billion in the first quarter (Q1) of 2012, increased 3.9% from Rp260.06 billion in the corresponding period of 2011.

» Amir Syamsuddin Appointed New Minister of Law

Theindonesiatoday.com - Pretty much as speculated, President SBY has finally appointed senior lawyer Amir Syamsuddin as minister of law and human rights.

» Yusril Turns Up at AGO for Questioning over Corruption Scandal

Yusril Ihza Mahendra, former justice and human rights minister, a suspect of the ministry's website corruption scandal, turned up at the Attorney General Office (AGO) on Monday for questioning. He however insisted he would only answer questions...

» K Bing Ciptadi Files Counter Lawsuit Against Casio

Theindonesiatoday.com - K Bing Ciptadi has filed a counter lawsuit against Casio Computer Ltd, a Japan-based electronic company, related to trademark dispute between the two parties.

» Intrepid Claims More from Tujuh Bukit Project

Theindonesiatoday.com - Intrepid Mines Ltd reports assay results from three holes (GTD-11-203, 205, and 208) in the on-going drilling program at the Tumpangpitu area of the Tujuh Bukit Project, East Java, have recorded further encouraging gold and...

» Wall Street Soars, Europe Rally Continues

Theindonesiatoday.com - Main indexes of Wall Street opened substantially higher Monday (Oct 10) on fresh optimism from Euro zone.

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