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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) opens slightly lower by 0.14% this morning while other markets are mixed in the region.

Hang Seng and Shanghai down 0.56% and 0.53% respectively, while Straits Times down slightly by 0.04%. Australia's All Ordinaries also down 0.54%. KOSPI and Nikkei, meanwhile, gained slightly by 0.23% and 0.2% respectively.

Dow Jones Industrial Average (DJIA) ended lower by 0.44%, while Nasdaq composite slashed 1.22%. European markets also closed substantially lower, led by CAC 40 and FTSE 100, which dropped 1% respectively.

Crude oil gains slightly by 0.65% to US$96.3 per barrel in Asian trading of Nymex this morning, while gold inched up 0.24% to US$1,592 per ounce. (Theindonesiatoday.com)


More articles :

» 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).

» BP Plc Reports 16.2% Profit Growth in First Quarter

Theindonesiatoday.com - UK-based energy company BP Plc posted $7.19 billion of net profit for the first quarter of 2011 in line with higher total revenues. The number represents 16.2% jump compared to the same period of 2010.

» BNP Paribas Indonesia H1 Net Profit Drops 56%

Bank BNP Paribas Indonesia posted net profit of Rp52.27 billion in the first half of 2010, a 56% drop compared to Rp117.6 billion in the same period of last year due to lower interest income.

» Second Tranche of Gas from Natuna to Flow in Q4

Theindonesiatoday.com - Sembcorp Industries expects the second tranche of gas from West Natuna will start to flow in the fourth quarter (Q1) of 2011, augmenting existing supply by 26% or 90 Bbtu.

» SBY-Boediono Lost DPR Battle

Indonesia News - SBY-Boediono only gets 212 out of 537 votes; opposition got 325 votes, even bigger than the first round of voting. Opposition got a boost from PPP and PKB, two coalition members of SBY-Boediono.

» Bakrieland led the fall of Bakrie stocks

Property developer PT Bakrieland Development (ELTY) Tbk dropped 6.82% this morning to lead substantial correction on Bakrie-related stocks.

» New Hope Declines to Revise Offer Price for Northern Energy Stakes

Theindonesiatoday.com -- Northern Energy Corp. Ltd today has received rejection statement from New Hope Corporation related with New Hope’s unsolicited takeover offer. However, the board of Northern Energy still advises its shareholders...

» AKR Corporindo Sees Increasing Demand from Eastern Indonesia

Theindonesiatoday.com - Chemical and fuel distributor PT AKR Corporindo Tbk (AKRA) said demand for petroleum products in Eastern Indonesia, especially in coal mining and power sectors continues to be strong with the growth in the mining activities...

» Oil Price Down, Energy Stocks Mixed

Theindonesiatoday.com - The oil and gas commodities futures prices slipped at the opening this morning. The price of futures Asian Nymex Crude oil was at USD 98.09 per bbl, down 0.05% from previous settlement, while the Natural Gas was gained 0.18%...

» SMART to Pay Dividend of Rp430.83 Billion

Theindonesiatoday.com - Agribusiness and food company PT Sinar Mas Agro Resources and Technology Tbk (SMART) will pay dividend of Rp430.83 billion, or Rp150 per share, for 2010 profit.

» BW Plantation Acquires Up to 15,000 Ha Land Bank

Theindonesiatoday.com - PT BW Plantation (BWPT) Tbk plans to acquire between 10,000 hectares and 15,000 hectares of plantation area next month.

» Leon Muhamad Appointed DG Sea Transportation

Theindonesiatoday.com - Leon Muhamad, secretary of directorate general for sea transportation at ministry of transportation, has been appointed new director general for sea transportation, replacing Sunaryo.

» Lawyer Furious Over Access to Nazaruddin

Theindonesiatoday.com - OC Kaligis, lawyer of Muhammad Nazaruddin, was furious over the Corruption Eradication Commission (KPK)'s treatment of his client. Kaligis was not allowed to meet and accompany his client during examinations.

» Pan Brothers to Expand Business Through Acquisition

Theindonesiatoday.com - Garment and textile producer PT Pan Brothers Tbk (PBRX) plans to acquire some garments assets for expanding its business scale and becoming the brand holder in Asia region, Bisnis Indonesia reported this morning.

» Eratex Djaja to Issue New Shares to Radmet in Sept 30

Theindonesiatoday.com - Integrated textile manufacturer PT Eratex Djaja Tbk (ERTX) announces on prospectus today it will issue 48.07 million new shares for converting debt into equity to Radmet Concept Investment Limited amounting US$2.82 million.

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