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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 - Composite index of the Indonesia Stock Exchange (IDX) opened down 0.81% at 3,817.64 this morning following negative sentiments in regional markets.

The regional markets opened lower this morning as investors concern over the Greek debt crisis. They are worrying about the Greek's ability in meeting the bailout requirement.

Bumi Resources dropped 2.4%, Timah fell 1.01%, Indopoly Swakarsa slashed 4.44%, Bukit Uluwatu declined 1.89%, Astra International lost 1.45%, Bank Rakyat Indonesia shed 1.55%, Telkom fell 1.38%, Indosat down 0.97% and Gudang Garam declined 0.53%. (hans@theindonesiatoday.com)


More articles :

» Indonesia Raises Alert Status for Mount Karangetan

Theindonesiatoday.com - Indonesia's PVBMG has raised the status of alert over Mount Karangetan in North Sulawesi from level three to four (the highest level) due to increased volcanic activity.

» Wardana Replaces Triyono as Vice Minister of Foreign Affairs

Theindonesiatoday.com - Wardana, Head of Policy Research and Development of Foreign Affairs and former Indonesia Ambassador for Singapore, will replace Triyono Wibowo as Vice Minister of Foreign Affairs.

» Augur Finds Significant Gold Deposit in Wonogiri

SYDNEY, Indonesia Today - Augur Resources Ltd reports further 9 drill results from the Wonogiri Gold/Copper Project, Central Java, claimed it has detected anomalous gold zones.

» Metland Targets 11.5% Sales Growth This Year

JAKARTA, Indonesia Today - Property developer PT Metropolitan Land (Metland) Tbk (MTLA) targets to book sales of Rp800 billion this year, increases 11.5% compared to Rp718 billion in 2011, Kontan.co.id reported.

» TTS & Cogindo Sign Cooperation Agreement

ORLANDO, FL, Indonesia Today - Florida-based Turbine Technology Services Corporation (TTS), a full-service gas turbine engineering services firm, has engaged in a Memorandum of Understanding with PT Cogindo DayaBersama (CDB), a power plant...

» Sumatra Gold Expects Production in 2013

Theindonesiatoday.com - Sumatra Gold & Copper Ltd expects production of 60,000 – 70,000 ounces of gold per annum by 2013 from its Tembang Project at a targeted net cash cost of $500 per ounce. Other projects are still under explorations.

» Biznet Targets 30,000 Customers This Year

Theindonesiatoday.com - PT Supra Primatama Nusantara, an Internet service provider under the brand of ‘Biznet’, is still on track to reach 30,000 customers in the end of the year.

» Padang Resources Gets Approval to Mobilize Team for Paser Coal Project

SYDNEY, Indonesia Today - Padang Resources Limited claimed to have secured local government approval to mobilize technical team at the Paser project in East Kalimantan.

» Peabody & ArcelorMittal Offers Macarthur A$4.68 Billion Cash

Peabody Energy, the world's largest coal producer in the private sector, and ArcelorMittal SA have launched an offer to jointly acquire Macarthur Coal for A$4.68 billion cash.

» CBM Asia signs joint acquisition agreement for Kutai Basin CBM

CBM Asia Development Corp. has entered into a Joint Acquisition Agreement with Newton Energy CBM Limited and Ephindo IIthabi CMB Holding Inc., to participate jointly in the evaluation of prospective coalbed methane resources in the 56,300 hectare...

» Domestic Coal Stocks Open Mixed

Theindonesiatoday.com - Domestic coal stocks open mixed as crude oil is hovering around US$113 per barrel on NYMEX while thermal coal prices inched up 0.7% last week.

» Mobile-8 stocks trading suspended

Indonesia News - IDX suspended the trading of Mobile-8 Telecom (FREN) stocks in the first session of trading this morning due to the delay in payment of bonds issued in 2007.

» Coal Stocks Open Mostly in Red

Theindonesiatoday.com - Following the fall of Wall Street last night, most of domestic coal stocks opened in lower position this morning, while regional stocks opened mixed.

» Nazaruddin Case Wrecks Demokrat Party Image, Survey

Theindonesiatoday.com - Allegations of bribery and corruption surrounding Muhammad Nazaruddin has wrecked the image of Demokrat Party, a survey concluded.

» Fitch Affirms Berlina at BBB(idn), Outlook Stable

Fitch Ratings has today affirmed Indonesia-based plastic packaging manufacturer PT Berlina Tbk's (Berlina) National Long-term rating at 'BBB(idn)' with stable outlook.

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