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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 futures CPO price for November delivery is settled at Rp8,620 per kg on the ICDX, down Rp155 from previous closing. While the futures CPO price for November delivery on Bursa Malaysia was settled at RM2,999 per ton, down RM19 from previous closing.
Astra Agro Lestari's auction settled CPO price for physical contracts at Rp8,350 per kg, down Rp132 from yesterday's auction, or US$ 1,058 per ton. While KPB Nusantara has not yet published its auction results.

Plantation stocks in JAKARTA closed mixed. The gainer are Tunas Baru Lampung, Bakrie Sumatra Plantations, and Astra Agro Lestari, which gained 3.03%, 1.33%, and 1.37% respectively. The loser are Gozco Plantations, Jaya Agra Wattie, and PP London Sumatra, which dropped 4.29%, 2.13%, and 1.06%. The others are unchanged.

The plantation stocks in SINGAPORE were mixed with small changes. Indo Agri regained 2.60%, followed by Mewah Int'l and Wilmar which rose 1.44% and 0.70%. While Noble Group, First Resources, and Golden Agri slipped below 1%. In KUALA LUMPUR, IOI Corp dropped 2.98%, followed by others, except KL Kepong which inched up 0.47%. (teguh@theindonesiatoday.com)


More articles :

» 11 Dubai Companies Eye Indonesia Investment Opportunities

At least 11 Dubai companies have expressed their interest to invest in mining, telecommunication, power plants and infrastructure projects in Indonesia.

» South Korea Offers Nuclear Power to Indonesia

Theindonesiatoday.com - South Korean president Lee Myun Bak asks Indonesian coordinating minister for the economy Hatta Rajasa to visit nuclear reactor facility near Busan, South Korea.

» IDX Slips at Opening Following Regional

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened down 0.12% at 3,809.24 this morning following the correction in regional markets. Asian markets turned lower after gaining at their opening with lack of...

» S&P Revises Berau Coal Outlook to Positive

SINGAPORE, Indonesia Today - Standard & Poor's Ratings Services has revised its outlook on Indonesia-based thermal coal miner PT Berau Coal Energy (BRAU) Tbk to positive from stable.

» Ramba Doubles Gas Production from West Java Asset

Theindonesiatoday.com - Ramba Energy Limited, an oil and gas exploration and production company with interests in Indonesia and controlled by Soeryadjaya family, has commenced gas production from the JRR-7 development well at its Jatirarangon block...

» SGX to Launch Fastest Trading Engine in August

Theindonesiatoday.com - Singapore Stock Exchange (SGX) to launch SGX Reach on 15 August 2011, which is claimed to become the world’s fastest trading engine.

» Greenpeace Might be Expelled from Indonesia

Theindonesiatoday.com - Patrialis Akbar, Minister of Law and Human Rights, plans to expel Greenpeace, an environmental Non Government Organization, from Indonesia following allegations that one of the NGO's funds sourced from gambling activities.

» Astra Graphia Reports 25% Growth in Profit

Theindonesiatoday.com - PT Astra Graphia (ASGR) Tbk, a subsidiary of Astra International (ASII), posted net profit of Rp92.07 billion in first 9 months of 2011, grew 25% from Rp73.54 billion in the corresponding period of last year.

» Anti-Monopoly Watchdog Clears Pertamina-Inpex Deal

Theindonesiatoday.com - The Business Competition Supervisory Commission (KPPU) declares that Inpex Jawa acquisition by PE Pertamina Hulu Energi does not violate any stipulations of anti-monopoly law.

» Regional Markets Open Mostly Higher Tracking Wall Street

Theindonesiatoday.com - Regional markets opened mostly higher this morning to tracking gain in Wall Street last night. Dow Jones of Wall Street closed up 0.25% last night, reversed its earlier losses and Nasdaq also turned higher by 0.89%. Dow...

» KPPU Approves Cargill Acquisition on Korofrance

JAKARTA, Indonesia Today - The Business Competition Supervisory Commission (KPPU) has approved Cargill International Luxemburg’s acquisition on Korofrance as the acquisition will not result in such a monopoly practice or unfair business...

» Sherritt's Ambatovy Nickel Project Capex Now Put at $5.5 Billion

Theindonesiatoday.com - Diversified miner Sherritt International Corp, with assets in Indonesia, has raised the capital costs budget for its Ambatovy Project to $5.5 billion from late last year's estimation of $4.7 billion.

» S&P: City Of Bandung Assigned 'BB-', Outlook Stable

Theindonesiatoday.com - Standard & Poor's Ratings Services assigned its 'BB-' issuer credit rating to the City of Bandung. The outlook is stable. We also assigned our 'axBB+' ASEAN regional scale rating to the city. 

» Jaya Property H1 Revenue Declines 16.6%

Theindonesiatoday.com - PT Jaya Real Property Tbk (JRPT) booked net profit of Rp146 billion in the first half (H1) of 2011, unchanged compared to the same period of last year.

» CPO Retreats to Below RM3200, Plantation Stocks Gain

Theindonesiatoday.com - Plantation stocks are mostly gaining grounds this morning even though the crude palm oil (CPO) retreats to below RM3200 per ton on the Bursa Malaysia Derivatives Exchange.

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