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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 - The oil and gas commodities futures prices were mixed slightly. The price of futures Asian Nymex Crude oil was at USD 94.76 per bbl, down 0.19% from previous settlement, and the Natural Gas inched up 0.07% to USD 4.31 per MMBtu. Heating Oil and Gasoline were settled at USD 2.91 and 2.96 per gallon respectively.

 In JAKARTA, oil and gas stocks were down this morning. Ratu Prabu dropped 3.64% and Energi Mega fell 2.44%. Elnusa lost furhter by 1.89%. In regional, Oil and Gas stocks declined slightly by less than 1%.
 
In the NYSE, most of major oil and gas stocks made their small gains last night. Chevron, Anadarko, and ENI, rose above 1%, while the others gained less than 1%. Outside NYSE, German RWE rose 1.33%.

Coal stocks in Jakarta also mostly declined. Harum Energy and Bukit Asam dropped 1.03% and 1.87% respectively. While Bumi and Darma Henwa gained 1.68% and 1.90% respectively.

In the regional, ChinaCoal, StraitsAsia and YanZhou dropped more than 1%. Australian Gloucester also dropped 1.83%. Last night, American coal stocks extended their gains, led by Arch Coal which rose 1.24%. (teguh@theindonesiatoday.com)


More articles :

» Citi Indonesia Disburses US$10 Mln Loan Facility to Trikomsel

Citi Indonesia (Citi) said on Tuesday that it has disbursed US$10 million loan facility to cellular phone distributor PT Trikomsel Oke Tbk for working capital. This raised the total loans that Citi has extended this year to US$15 million.

» Mitrabahtera Bags contract from Indo Tambangraya

Theindonesiatoday.com - PT Mitrabahtera Segara Sejati Tbk (MBSS) and PT Mitra Swire CTM (MSC) have bagged coal transshipment services contract from PT Indo Tambangraya Megah Tbk (ITMG) and its subsidiaries.

» Berau Coal Downsizes IPO Size, Offering Set for Aug 10

PT Berau Coal Energy said it will offload 7 billion shares to public through the initial public offering (IPO), representing a 18.18% of the company's enlarge capital. It had earlier said it planned to sell 20% of its shares through IPO.

» Sharp Mulls $1 Billion Solar Power Investment in Indonesia

Theindonesiatoday.com - Electronic giant Sharp Corp plans to invest US$1 billion in the development of solar power plant in Indonesia.

» Cigarette Excise Tax Raised by 15% by January 2012

Theindonesiatoday.com - The government will raise the excise tax for cigarettes by an average of 15 percent next year, higher than initial plan of 12.2 percent on average.

» Detik Still Dominates News Portal

Detik still dominates news portal in Indonesia with three of its domains in the top five most popular news websites according to Alexa ranking.

» Shell Hands Over Old Oil and Gas Database

Theindonesiatoday.com - Shell International has finally handed over a database about old oil and gas in Indonesia previously stored in Shell International Exploration and Production, Netherland. 

» IDX Ends Up 1.08%, European Markets Gain

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) ended up 1.08% at 3,793.24 on Wednesday along with gains in regional and European markets.

» IFC Considers US$60 Financing for Wintermar Offshore Vessels

Theindonesiatoday.com - International Finance Corporation (IFC), an investment arm of World Bank Group, considers financing of up to eight Offshore Support Vessels (OSV) of PT Wintermar Offshore Marine Services (WINS) Tbk for a total of up to US$60...

» Quintiles, Prodia to Provide Central Lab Testing Solution in Indonesia

Theindonesiatoday.com - Quintiles today announced an expanded partnership with Jakarta-based Prodia Clinical Laboratory, through its sister company Prodia the CRO, to facilitate rapid testing of samples from patients in clinical trials in Indonesia.

» Oil Falls to Below US$93, Coal Stocks Take a Tumble

JAKARTA, Indonesia Today - Coal shares dropped further all over the world to tracking downfall of crude oil. Nymex crude oil falls further by 1% to below US$93 per barrel in Asian trading Wednesday (May 16).

» Peabody Posts 34.2% Profit Jump in First Half

Theindonesiatoday.com - Peabody Energy Ltd (NYSE: BTU), one of the largest coal miner in the world, posts 34.2% jump on its first half (H1) 2011 net profit to US$350.9 million following growth of its coal sales.

» Bakrie Plantation's Profit Soars 232%

Theindonesiatoday.com - PT Bakrie Sumatera Plantations Tbk (UNSP) booked audited net profit of Rp713.42 billion in the first 9 months to September 2011, soared 232% compared to Rp214.86 billion in the corresponding period of last year.

» First CBM Test Well Completed in Kutai West Block

VANCOUVER, Indonesia Today - The first coalbed methane exploration test well has been completed at the Kutai West Coalbed Methane Production Sharing Contract block in East Kalimantan, Indonesia.

» Stocks Cut Losses, IDX Composite Down 1.28%

Theindonesiatoday.com - Composite index of Indonesia Stock Exchange (IDX) closed lower by 1.28% Thursday (Feb 10) after falling as much as 2%. Some blue chip stocks cut their losses in the afternoon session.

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