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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) opened down 0.67% at 3,660.52 this morning following the falls in regional markets.

Asian stock market opened lower this morning to tracking the fall in Wall Street on Wednesday, with the sentiment hit by Reports regarding the conflict going on at meetings between eurozone officials.

In JAKARTA bourse, Bumi Resources lost 1.15%, Adaro Energy fell 1.52%, Energi Mega shed 1.8%, Sentul City declined 1.69%, Alam Sutera dropped 2.11%, and Agis slipped 0.91%.

Crude oil fell 0.21% to US$85.93 per barrel in Asian trading. (hans@theindonesiatoday.com)


More articles :

» Indosat Contributes 27% Revenue to Qtel in 1H

Theindonesiatoday.com - PT Indosat Tbk (ISAT) contributed up to 27% revenue to Qatar Telecom Q.S.C. (Qtel) for the first half (1H) of 2011.

» Trikomsel to Pay Rp66.75 Billion as Dividend

Theindonesiatoday.com - ICT retailer PT Trikomsel Oke (TRIO) Tbk said its shareholders had in Friday (April 15) approved the dividend payment of Rp66.75 billion, or Rp15 per share, for 2010 net profit.

» Indonesian Military Data Stolen in South Korea, Defense Ministry Denies

Theindonesiatoday.com - Indonesian military's secret data has reportedly been stolen in South Korea, Yonhap news agency quoted Seoul's Namdaemun Police Station.

» United Tractors to Pay Rp532 Billion Interim Dividend

Theindonesiatoday.com - Heavy equipment supplier and mining contractor PT United Tractors Tbk will distribute Rp532 billion interim dividend next month. 

» Benakat Proposes $30 Million Loan Extension

Theindonesiatoday.com - Energy company PT Benakat Petroleum Tbk (BIPI) proposes loan extension for US$30 million, equivalent Rp271.73 billion, to Amadia Investment Ltd, Bisnis Indonesia reported this morning.

» Aberdeen Indonesia Fund Invests 16.3% in Astra Stocks

Theindonesiatoday.com - Aberdeen Indonesia Fund Inc invests 16.3% of its US$119.0 million funds in two Astra Group-related stocks in Indonesia. As of September 30, 2010, Aberdeen investment totaled US$126.1 million.

» Keppel Bags Two-Rig Contract from Transocean

Theindonesiatoday.com - Keppel FELS Limited (Keppel FELS) has secured a contract worth approximately US$380 million from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd. (Transocean), to build two high- specification...

» Contractors to Face Sanction if Missed Target on Oil Production

 Theindonesiatoday.com - Upstream Oil & Gas Regulatory Body (BPMigas) is going to issue new regulation related to the newest President Instruction No.2/2012 about National Oil Production Increase.

» Coca-Cola Amatil Posts 17.5% Growth in Indonesia & PNG

SYDNEY, Indonesia Today - Coca Cola Amatil Limited reported earnings before interest, tax, and significant items in Indonesia and Papua New Guinea of $88.1 million last year, an increase of 17.5% from 2010.

» EU Chemical Trade Group Supports Push for More Raw Materials Access

Theindonesiatoday.com - (CEFIC) has expressed its strong supports to the work by EU Commission to help Europe secure access to raw materials. 

» Pre-Marital Sex Reaches 50 Percent

Theindonesiatoday.com - About 51 percent teenagers in Greater Jakarta Area have engaged in pre-marital sex, a survey from the National Family Planning Agency (BKKBN) found.

» BI Prohibits Citibank from Adding New Branches & Issuing Credit Cards

Theindonesiatoday.com - Bank Indonesia prohibits Citibank from expanding new branches in Indonesia within one year as one of sanctions related to the Malinda case. Citibank is also not allowed to acquire new priority banking customers for the...

» Pamapersada Coal Output Flat in January, Overburden Grows 8.4%

JAKARTA, Indonesia Today - PT Pamapersada Nusantara, mining contractor subsidiary of United Tractors, produced 6.3 million tons of coal last month, flat compared to the same month of 2011.

» Adira Dinamika H1 Profit Inches Up 4.3%

Theindonesiatoday.com - Financing firm PT Adira Dinamika Multi Finance Tbk (ADMF) booked net profit of Rp741 billion in the first half of 2011, grew 4.3% from Rp711 billion in the same period of last year.

» BCA Records Rp4.8 Trillion Profit in First Half

Theindonesiatoday.com - Bank Central Asia, the second largest company on the Indonesia Stock Exchange (IDX) by market capitalization, recorded net profit of Rp4.8 trillion in the first half of 2011, increased 20.4% from the same period last year.

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