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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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Finance headlines

CPO Contracts Increase, Plantation Stocks Gain

Theindonesiatoday.com - The prices of CPO futures in the Bursa Malaysia gained. The benchmark September contract was settled at RM3,059 per ton, up RM26 from the previous closing. 

While the October and November contracts were settled at RM3,058 and 3,060 per ton respectively, gained RM27 per ton respectively. August contract was settled at RM3,067 per ton.

Plantation stocks are mainly in green on broad market sentiment.

In JAKARTA, BW Plantation surged 2.61%, followed by Salim Ivomas and Tunas Baru Lampung which gained 1.68% and 1.59% respectively. Astra Agro, Sampoerna Agro, and Bakrie Sumatra also gained above 1%. While Gozco, PP London, and SMART were unchanged.

In SINGAPORE, plantation stocks were mixed with narrow changes. Noble Group and Indo Agri inched up 0.80% and 0.62%, while Wilmar and First Resources slipped 0.18% and 0.38% respectively. In KUALA LUMPUR, Plantation stocks were also mixed with small changes. Only KL Kepong that lost 1.34%. (teguh@theindonesiatoday.com)


More articles :

» Sampoerna MIght Join Yogyakarta Iron Project

Theindonesiatoday.com - PT Sampoerna Strategic, part of Sampoerna Group, lines up with Mitsui and Tata Steel to become partner of Indo Mines Ltd in Yogyakarta iron project.

» Transgasindo Awarded Gas Transportation Contract

JAKARTA, Indonesia Today - PT Transportasi Gas Indonesia (Transgasindo), a subsidiary of PT Perusahaan Gas Negara Tbk (PGAS), has clinched gas transportation agreement for Payo Selincah Power Plant, Jambi and Rengat Power Plant, Riau.

» Telekom Malaysia Sells Axiata Shares for RM414 Million

Theindonesiatoday.com - Telekom Malaysia Berhad (TM) said its unit TM Esos Management Sdn Bhd (TEMSB) plans to sell up to 191.45 million shares of Axiata, with gross proceeds expected for RM414 million.

» Jupiter Capital Ready to Buy Sugih New Shares

JAKARTA, Indonesia Today - US-based investment company Jupiter Capital claims to be ready for acting as standby buyer for rights issue of oil and gas company PT Sugih Energy Tbk (SUGI), Bisnis Indonesia reported this morning.

» Moody's: Rising Severity of Euro Area Sovereign Crisis Threatens EU Sovereign Ratings

Theindonesiatoday.com - The continued rapid escalation of the euro area sovereign and banking credit crisis is threatening the credit standing of all European sovereigns, cautions Moody's Investors Service in a new Special Comment. 

» Contracts of Three Oil, Gas Blocks Terminated

Theindonesiatoday.com - Indonesian government has terminated production sharing contracts (PSCs) for three oil and gas blocks as contractors failed to find significant reserves.

» ISS Group Awarded Contract for Tangguh LNG

SYDNEY, Indonesia Today - ISS Group Ltd (ASX: ISS) has been awarded three year support services contract by BP Plc to enhance the Tangguh LNG performance which located in West Papua.

» Freeport Indonesia Copper Sales Down, Gold Inches Up

Theindonesiatoday.com - PT Freeport Indonesia, a company controlled by Freeport McMoRan, reported copper sales of 543 million pounds in the first half of 2011, down slightly from the same period last year, despite higher output in the second...

» Star Petrochem Surges 18.63% in Trading Debut

Theindonesiatoday.com - Shares of PT Star Petrochem Tbk (STAR), producer and wholesaler of syntetic fiber and yarn polyester, surged 18.63% to Rp121 per share in its trading debut today in the Indonesia Stock Exchange (IDX).

» Minister Suspects Sabotage of Garuda System

Theindonesiatoday.com - Minister of state-owned enterprises Mustafa Abubakar said based on a report from flag carrier , the company might have been sabotaged for the chaotic system late last week, Koran Tempo reported this morning.

» Salim Ivomas IPO Price Set at Rp1,100, Lower Bound

Theindonesiatoday.com - PT Salim Ivomas (SIMP) Tbk and its underwriters have agreed to offer 3.16 billion shares at Rp1,100 per share. 

» Borneo to Hold EGM for Acquiring Bumi Plc Dec 15

Theindonesiatoday.com - Coking coal producer PT Borneo Lumbung Energi & Metal Tbk (BORN) schedules to hold extraordinary general meeting (EGM) of shareholders in December 15, 2011 for gaining approval on the acquisition of 23.8% shares of Bumi Plc...

» Pan Asia Acquires Thermal Coal Pipeline in Indonesia

Theindonesiatoday.com - Pan Asia Corp Ltd announced that it has acquired a pipeline of thermal coal projects in Indonesia which finalised on Monday (29/11) by shareholders approval in Annual General Meeting.

» Australia Provides A$458.7 Mln for Development Program

The Australian government said it will provide an estimated A$458.7 million  (around Rp3.8 trillion) in development assistance to Indonesia in the twelve months from July 2010.

» IDX Ends Morning Session Down 0.91%

Theindonesiatoday.com - Composite Index of Indonesia Stock Exchange ended the morning trade lower 0.91% to 3,759.71 following the negative sentiment in regional market and crude oil, plus profit taking actions by investors.

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