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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 benchmark of CPO futures prices in Bursa Malaysia extend gain. October contract was settled at RM3,039 per ton, advanced RM24 from previous closing. November and December contracts were settled at RM3,004 and 2,993 per ton respectively, gained RM21 and RM31 respectively. September contract also rose RM46 to RM3,108 per ton.

Plantation stocks in JAKARTA gained substantially this morning. Salim Ivomas Pratama climbed 2.36%, while PP London jumped 2.15%. Astra Agro, Sampoerna Agro, Tunas Baru Lampung, and Bakrie Sumatra Plantations gained above 1%. The others gained with lower percentages, or unchanged.

In SINGAPORE, plantation stocks were mixed. Kencana Agri gained 1.35%, followed by Golden Agri and Wilmar. But First Resources and Indo Agri slipped 0.77% and 0.39% each. In KUALA LUMPUR, IJM and IOI hiked 3.54% and 1.08% respectively, while Kulim fell 0.81%. (teguh@theindonesiatoday.com)


More articles :

» Jakarta Court Turns Down BNP Equities Petition

Theindonesiatoday.com - Central Jakarta Commercial Court has turned down bankruptcy petition filed by BNP Equities Asia (Malaysia) against Soejono Varinata related to the US$36.68 million defaulted debt.

» Dian Swastatika Reports 62% Growth in Revenue

JAKARTA, Indonesia Today - Coal trading and sales of PT Dian Swastatika Sentosa Tbk (DSSA), part of Sinarmas Group, was tripled in 2011 financial year, supporting the 62% surge on its net revenues.

» Lotte to Open First Duty Free Shop in Indonesia Next Week

JAKARTA, Indonesia Today - South Korean Lotte Group plans to open its first duty free shop in Indonesia next week. 

» Moody's Assigns Definitive Ba1 Rating for Indonesia's Global Bond

Theindonesiatoday.com - Moody's Investors Service has assigned a rating of Ba1 to the Government of Indonesia's U.S. dollar-denominated bond issuance maturing in 2042. The outlook is stable.

» Tiphone Mobile Kicks Off IPO

Theindonesiatoday.com - Cellular phone disributor PT Tiphone Mobile Indonesia Tbk announces on prospectus today it plans to offer 2.67 billion shares, representing 40.08% of its total issued capital, through the initial public offering (IPO).

» BTPN Seeks $150 Million Loan from IFC

Theindonesiatoday.com - Bank Tabungan Pensiunan Nasional (BTPN), a bank controlled by TPG Capital and Northstar Pacific, seeks second loan of US$150 million from International Finance Corporation (IFC), an investment arm of World Bank.

» Medco Receives Gas Content Data for Sekayu PSC

Theindonesiatoday.com - CBM Asia Development Corp. announces that Medco Energi has received final gas content data from Core Laboratories N.V. for the CBM-SE-04 well at the Sekayu coalbed methane production sharing contract in South Sumatra.

» 30 Investors Purchase Lippo Karawaci Shares for Rp2.25 Trillion

Theindonesiatoday.com - Thirty global investors have purchased 4.1 billion shares of property developer PT Lippo Karawaci (LPKR) Tbk for Rp2.25 trillion.

» Rekayasa Industri-Lipkin Awarded Cepu EPC Contract

 Theindonesiatoday.com - Mobil Cepu Ltd, subsidiary of Exxon Mobil Corporation, appoints consortium of PT Rekayasa Industri – Lipkin LLC for the engineering, procurement, and construction contract for offshore pipeline and mooring facilities (EPC...

» Foreign Tourists Increase 12.47% in December

JAKARTA, Indonesia Today - Total foreign tourists visiting Indonesia reached 724,539 in December 2011, increased 12.47% compared to 644,221 December 2010. Compared to November 2011, the number rose 10.63%, Central Bureau of Statistics (BPS)...

» CapitaLand Acquires Prime Residential Site in Hangzhou

Theindonesiatoday.com - CapitaLand Limited, through its wholly owned subsidiary CapitaLand China Holdings, has secured a prime 32,040-square-meter residential site in Hangzhou’s Gongshu District for RMB1,113.98 million (S$213.27 million) in a...

» Bakrie Toll IPO Rescheduled to Next Year

JAKARTA, Indonesia Today - PT Bakrie Toll Road, a subsidiary of PT Bakrieland Development Tbk (ELTY), reschedules its initial public offering (IPO) to next year as the company prefers to seek strategic partner this year, Investor Daily reported...

» APAC in Talks with Investors for West Sumatra Iron Ore

Theindonesiatoday.com - APAC Coal Ltd says it is in the advance stage of negotiation with several partners to provide funds to expedite development on the PT Batubara Selaras Sapta area. Meanwhile, the infrastructure progress in Aie Dingin iron ore...

» Krakatau Steel to Offer Additional 10% Stake to Public

Theindonesiatoday.com - State steel producer PT Krakatau Steel Tbk (KRAS) plans to offer another 10% stake to public after selling 20% through IPO recently, detikfinance.com reported today.

» First Resources' CPO Production Grows 16.6% in December

Theindonesiatoday.com - First Resources Limited produced 41,927 tons of crude palm oil (CPO) in December 2011, grew 16.6% compared to 35,953 tons in the same month of 2010. 

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