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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 - CPO futures prices on the Bursa Malaysia for the benchmark January delivery rose by RM10 to RM2,925 per ton. While price for November and December delivery were settled at RM2,914 and 2,929 per ton respectively. On the ICDX, the CPO futures prices for the benchmark January delivery fell Rp10 to Rp8,430 per kg.

Plantation stocks in JAKARTA gained this morning, led by Jaya Agra Wattie 4.05%, and Tunas Baru Lampung 3.45%. Astra Agro Lestari, PP London Sumatra, and Sampoerna Agro rose above 2%. The others increased by less than 2%, or unchanged.

Plantation stocks in SINGAPORE also gained, led by Mewah 2.22%, and Wilmar 1.40%. In KUALA LUMPUR, plantation stocks rose led by IOI Corporation 2.19%, while the others gained 0-1%. (teguh@theindonesiatoday.com)


More articles :

» Reliance Claims Increasing Gold Grade Drilling on Tanoyan Project

VANCOUVER, Indonesia Today - Reliance Resources Ltd. claims increasing gold grade from two holes drilling into the Sondana Vein system on the Tanoyan Gold Project, Sulawesi.

» Nazaruddin's Lawyer is ...

Theindonesiatoday.com - Muhammad Nazaruddin, a suspect in bribery scandal and former treasurer of President SBY's Demokrat Party, has yet to appoint lawyer to defend him in the cases being investigated by police and the Corruption Eradication...

» New Airbus A330-200 Delivered to Garuda Indonesia

Theindonesiatoday.com - Garuda Indonesia (GIAA) has taken the delivery of new Airbuss A330-200. The new aircraft landed at Soekarno-Hatta Airport, Jakarta, Saturday, April 16.

» IDX Drops 1.99%, European Markets Fall

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) dropped 1.99% to 3,679.01 at the market close Monday (November 21) in line with the corrections in regional markets. In Europe, FTSE and DAX dropped 1.99% and 2.71%,...

» Danamon Loans Rp500 Billion to Yamaha Indonesia

JAKARTA, Indonesia Today - PT Bank Danamon Indonesia Tbk (BDMN) today (April 18) signs a cooperation agreement with PT Yamaha Indonesia Motor Manufacturing to provide working capital loan to Yamaha dealers. 

» Fitch Affirms Bentoel's Rupiah Bond at AAA(IDN)

Theindonesiatoday.com - Fitch Ratings has today affirmed PT Bentoel Internasional Investama Tbk's senior unsecured note of Rp1.35 trillion due in 2012 at Long-term rating 'AAA(idn)'.

» Sinar Mas Land to Invest Rp3.25 Trillion in 2012

Theindonesiatoday.com - Sinar Mas Land allocates Rp3.25 trillion, mostly to fund the land acquisition next year. It plans to increase land bank in East Java, Bali and East Kalimantan.

» Killara & Tanri Abeng Execute Mining JV

Theindonesiatoday.com - Killara Resources Ltd has executed a Shareholders’ Agreement with PT Tavesco International, a company controlled by the family of Tanri Abeng, to formalize the establishment of a joint operating company, PT...

» Perfect World Signs Two Licensing Agreements for Indonesia

Theindonesiatoday.com - Perfect World Co Ltd, a leading online game developer and operator based in China, has entered into licensing agreements with two Indonesian companies.

» Transgasindo Awarded Gas Transportation Contract

JAKARTA, Indonesia Today - PT Transportasi Gas Indonesia (Transgasindo), a subsidiary of PT Perusahaan Gas Negara Tbk (PGAS), has clinched gas transportation agreement for Payo Selincah Power Plant, Jambi and Rengat Power Plant, Riau.

» Kambuna Gas Field Output Expected to Grow 25%

LONDON, Indonesia Today - Kambuna gas field in the offshore North Sumatra is expected to produce 20 MMSCFD for the remaining of the year.

» Harry Tanoe Joins NasDem Party

Theindonesiatoday.com - Businessman Harry Tanoesoedibjo, owner of Bhakti Group, has reportedly joined Nasional Demokrat (NasDem) Party.Harry Tanoesoedibjo's Bhakti Group controls several major TV stations, including RCTI, MNC TV, and Global TV. The...

» CPO Drops 2%, KPB Withdrew All CPO Packages

Theindonesiatoday.com - KPB Nusantara, joint marketing office of state plantations, withdrew all twelve CPO packages auctioned off Friday (Jan 13) on low bids as the benchmark April contracts on Bursa Malaysia lost 2% to RM3,143 per ton.

» IDX Composite Closes Morning Higher Led by Blue Chips

Theindonesiatoday.com - Composite index closed higher by 0.96% at 3,484.18 in the morning trade on the back of gains in blue chip stocks. Regional markets, meanwhile, mainly were under selling pressure.

» Institutional Investors to Sell 6.6% shares of Bakrieland This Week

Theindonesiatoday.com - Institutional investors are reportedly to sell 6.6% shares of property developer PT Bakrieland Development Tbk (ELTY) this week through a market placement, Investor Daily reported this morning.

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