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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

Regional Market

Theindonesiatoday.com - Regional stock markets opened higher this morning with gains in Wall Street and Europen markets boosting the buying sentiment.

Dow Jones of Wall Street gained 1.27% and Nasdaq rose 1.60% on Wednesday as a promise by European leaders to help Greece avoid default sent stocks sharply higher for the third straight day, AP reported.

The leaders of Greece, France and Germany agreed in a teleconference that Greece was an "integral" part of the 17-country bloc that uses the euro. Greece also said it would stick to agreements to trim its debts, a condition for getting more financial help.

In Europe, FTSE and DAX rose 1.02% and 3.36%, respectively.

In regional, Kospi led by rising 1.91% this morning, followed by Nikkei 1.8%, All Ordinaries 1.58%, Straits Times 0.69%, NZSE 0.6%, Shanghai 0.55% and KLSE 0.33%.

Crude oil fell 0.35% to US$88.60 per barrel in Asian trading of Nymex. (hans@theindonesiatoday.com)

 


More articles :

» Pressures Mounted to Replace BIN Chief Sutanto

Theindonesiatoday.com - Indonesian Police Watch (IPW) asks President SBY to replace State Intelligence Agency (BIN) chief Sutanto following series of incidents in the country. The NGO pointed to suicide bombing in Solo on Sunday morning as another...

» HSBC Sells Retail & Wealth Management Business in Thailand

HONG KONG, Indonesia Today - The Hongkong and Shanghai Banking Corporation Limited, an indirect wholly owned subsidiary of HSBC Holdings plc, has entered into an agreement to sell its Retail Banking and Wealth Management business in Thailand to...

» Templeton's Investment in Indonesia Declines Further

FLORIDA, Indonesia Today - Templeton Global Income Fund invested 8.3% of its total net assets in Indonesia as of February 29, 2012, declined from 8.6% in January 31, 2012. The Fund invested 8.7% of its total net assets in Indonesia in December 31,...

» Bakrie Enters Into Another Repo Deal

Theindonesiatoday.com - PT Bakrie & Brothers (BNBR) Tbk has entered into a sale and repurchase facility worth US$25.9 million with fund management companies.

» Ultrajaya 2011 Revenue Grows 11.8%

JAKARTA, Indonesia Today - Milk producer PT Ultrajaya Milk Industry Tbk (ULTJ) recorded revenue of Rp2.1 trillion in 2011, grew 11.8% from Rp1.88 trillion in 2010.

» Adhi Karya to Upsize Bond Issuance

JAKARTA, Indonesia Today - State EPC company PT Adhi Karya Tbk (ADHI) plans to upsize its bond issuance to Rp1.5 trillion from initial plan Rp1 trillion, Investor Daily reported this morning.

» Activists Urge Govt to Protect Witnesses in Munir Case After Ongen’s Death

JAKARTA, Indonesia Today – Human rights activists have urged the Government to protect all witnesses in murder case of human rights activist Munir Said Thalib, following the death of Raymond J Latuihamalo aka Ongen, key witness in this...

» BP Completes Acquisition of 30% Shares in 21 Blocks Operated by Reliance

Theindonesiatoday.com - BP has completed the acquisition of a 30 per cent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance Industries Limited operates in India, including the producing KG D6 block.

» Wijaya Baru Acquires Boven Digul Timber Concession

Theindonesiatoday.com - Malaysian company Wijaya Baru Global Bhd acquires 100% interest in Suffolk Pte Ltd and Wealthgate Pte Ltd which owns an enormous timber concession in Boven Digoel Regency, Papua.

» Bank CIMB Niaga to Loan Indomaret Rp100 Billion

JAKARTA, Indonesia Today - PT Indomarco Prismatama, controlled by Salim Group, will get Rp100 billion loan from PT Bank CIMB Niaga Tbk (BNGA) for funding its outlet expansion, Bisnis Indonesia reported this morning. Indomaret

» Coca-Cola Amatil to Install Blowfill Technology in Indonesian Facilities

Theindonesiatoday.com - Coca-Cola Amatil (CCA) plans to install blowfill technology at all of the company's production facilities in Australia, Indonesia, New Zealand, Papua New Guinea, and Fiji.

» Indomaret Adds 1,000 Outlets Next Year

Theindonesiatoday.com - PT Indomarco Prismatama plans to open up 1,000 Indomaret convenience stores in the country next year.

» Suryadjaja's Interra Acquires Mentari Pambuang

SINGAPORE, Indonesia Today - Interra Resources Ltd, a company controlled by Edwin Soeryadjaja, acquires 49% stake in PT Mentari Pambuang Internasional (MPI) from PT Mentari Abdi Nusa (MAN).

» Garuda Orders 11 More Airbus A330

JAKARTA, Indonesia Today - Flag carrier Garuda Indonesia (GIAA) has placed a firm order with Airbus for 11 more A330-300 widebody aircraft.

» Elnusa Urges Bank Mega to Execute Court’s Verdict

JAKARTA, Indonesia Today - Oil and gas service company PT Elnusa (ELSA) Tbk, a unit of Pertamina, urges PT Bank Mega Tbk (MEGA) to return its Rp111 billion funds as obliged by South Jakarta District Court in the verdict.

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