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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 Photo

Wall Street Gains Big on Bargain Hunting

Theindonesiatoday.com - Wall Street main indexes closed substantially higher Tuesday (August 23) as investors picked bargain stocks. Crude oil also gained 1.78% to US$86 per barrel on Nymex.

Dow Jones Industrial Average (DJIA) surged 2.97%, while Nasdaq composite and S&P 500 soared 4.29% and 3.43% respectively.

ExxonMobil led gainers on DJIA with 4.96% gain, followed by Bank of America (+4.09%) and JP Morgan (+4.1%). Chevron also gained 4.32%, while Alcoa jumped 4.01%.

Freeport McMoRan closed higher by 3.1%, while Newmont Mining Corporation dropped 2.56%. Gold saw its substantial correction of 3.18% to US$1,828 per ounce Tuesday.

European markets closed mostly higher but in narrow range with FTSE 100 gained only 0.67%, while DAX and CAC 40 advanced 1% each. (Theindonesiatoday.com)


More articles :

» Hanfeng Reports 86% Drop in Profit

Theindonesiatoday.com - China & South East Asian fertilizers provider, Hanfeng Evergreen Inc reported 86% drop on its net profit to C$1.7 million in the first 6 months ended 31 December 2010, mainly due to higher operational expenses.

» Kalimantan Governor Threatens to Nationalize Malaysian Companies

Theindonesiatoday.com - West Kalimantan governor Cornelis threatens to nationalize Malaysian companies in the province if Malaysian government doesn't want to negotiate five disputed borders. 

» Bangka Police Curbs Mining Activity in Berenai

Theindonesiatoday.com - Bangka Police Department is controlling a number of mining activities in Berenai Village, Riau Silip District, Riau on Wednesday, August 10, 2011.

» Kalimantan Gold to Commence Drilling at Jelai Project

VANCOUVER, Indonesia Today - Kalimantan Gold Corporation Limited says drilling at its Jelai gold project under joint venture with Tigers Realm Metals Pty Ltd is expected to commence within the upcoming week.

» China South City to Issue $250 Million 13.50% Senior Notes

Theindonesiatoday.com - China South City Holdings Limited and On 7 January 2011 entered into the purchase agreement with BOC International and UBS in connection with the issue of US$250,000,000 senior notes due in 14 January 2016.

» TPPI Delays Again Debt Payment to Pertamina

Theindonesiatoday.com - Aromatics company PT Trans Pacific Petrochemical Indotama (TPPI), a subsidiary of PT Tuban Petrochemical Industries, has further postponed debt payments to Pertamina from August 26 to September 7, Detikfinance.com reported.

» CPO Future Price Falls, Plantation Stocks End Down

Theindonesiatoday.com - The futures CPO price for benchmark January delivery was settled at Rp8,280 per kg on the ICDX, fell Rp85 from previous closing. While the futures CPO price for January delivery on Bursa Malaysia was settled at RM2,869 per...

» Rio Tinto, Mitsubishi Bid for Full Control of Coal & Allied

Theindonesiatoday.com - Rio Tinto and Mitsubishi Development Pty Ltd offer a takeover of all outstanding shares in Coal & Allied Industries Ltd for a valuation of A$10.6 billion (100% shares).

» Bank Permata Mulls Rp1 Trillion Subdebt

JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) plans to issue subordinated bond (subdebt) worth maximum Rp1 trillion this year, for strengthening capital and supporting expansion, Bisnis Indonesia reported this morning.

» Pertamina Postpones LPG Price Hike

Theindonesiatoday.com - Government has asked Pertamina to review its plan to raise the price of liquefied petroleum gas (LPG) for industrial customers.

» Kalimantan Gold Closes Private Placement

VANCOUVER, Indonesia Today - Kalimantan Gold Corporation Limited confirms that it has closed a private placement and issued 6,000,000 common shares at a price of US$0.08 or £0.05 per share to raise US$480,000 (£300,000) under its private placement...

» ENI Expects Second PoD for Jangkrik This Year

TANAH LOT, Indonesia Today - ENI Indonesia expects the Plan of Development (PoD) for Jangkrik NorthEast Block to be issued this year.

» JFE Shoji Enters Cockatoo Coal Projects

Theindonesiatoday.com - JFE Shoji Trade Corporation, Japanese company with annual sales revenue of $22 billion, has acquired 37.5% interest in Baralaba Coal Pty Ltd and a 20% interest in Wonbindi Coal Pty ltd, leaving Cockatoo Coal Limited with...

» SC Johnson to Buy Only Sustainable Palm Oil

  Theindonesiatoday.com - SC Johnson announced Tuesday (May 24) that by 2015, it will only purchase palm oil-based ingredients that originate from responsible and sustainable sources.

» SBY May Propose Ito Sumardi as New Police Chief

Theindonesiatoday.com --The speculation who will become new Police Chief candidate could be clearer by the end of the day as President Susilo Bambang Yudhoyono is expected to submit the candidate to the House of Representative later in the...

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