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President to Issue Regulation on Land Acquisition This Month End

President to Issue Regulation on Land Acquisition This Month End 

JAKARTA, Indonesia Today - Minister of Industry MS Hidayat is optimistic the President Regulation about Land Acquisition will be issued…

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Court Validates Vastex PKPU, Escapes Bankruptcy

Court Validates Vastex PKPU, Escapes Bankruptcy 

JAKARTA, Indonesia Today - Textile company PT Vastex Prima Industries escapes bankruptcy as the Central Jakarta Commercial Court has decided…

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PLN to Spend Rp2.54 Trillion for Rural Electricity Program

PLN to Spend Rp2.54 Trillion for Rural Electricity Program 

JAKARTA, Indonesia Today - State-utility PT PLN will spend Rp2.54 trillion of fund allocated from State-Budget (APBN) this year to…

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Metrodata to Raise Rp155 Billion from Rights Issue

Metrodata to Raise Rp155 Billion from Rights Issue 

JAKARTA, Indonesia Today - Electronics and ICT products retailer PT Metrodata Electronics Tbk (MTDL) announces on prospectus today it plans…

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Three Gas Fields Commence Production

Three Gas Fields Commence Production 

JAKARTA, Indonesia Today - Three gas fields with total potential production of 130 million metric cubic feet per day (mmscfd)…

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Bank Permata Kicks Off Rp700 Billion Subdebt Issue

Bank Permata Kicks Off Rp700 Billion Subdebt Issue 

JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) announces on prospectus today it plans to issue subordinated bond (subdebt)…

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Fitch Downgrades Greek Banks to 'CCC'

Fitch Downgrades Greek Banks to 'CCC' 

BARCELONA, Indonesia Today - Fitch Ratings has downgraded National Bank of Greece's, Efg Eurobank Ergasias', Alpha Bank's, Piraeus Bank's and…

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Summarecon Books Rp1.65 Trillion Pre Marketing Sales

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…

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Basarnas Stops Evacuation Operation of Sukhoi’s Victims

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…

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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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Latest News

Fitch Affirms Telkomsel at 'BBB'/'AAA(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has today affirmed Indonesia-based PT Telekomunikasi Selular's (Telkomsel) Long-Term Foreign and Local Currency Issuer De...

Telco | Monday, 21 May 2012

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Fitch Affirms Bank Riau Kepri at 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has affirmed PT Bank Pembangunan Daerah Riau Kepri's (Bank Riau Kepri) National Long-Term Rating at...

Banking | Monday, 21 May 2012

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Fitch Upgrades BPD Maluku to 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has today upgraded PT Bank Pembangunan Daerah Maluku's (Bank Maluku) National Long-Term Rating and se...

Banking | Monday, 21 May 2012

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Astra Sedaya Financing Likely to Go Up to $200 Million

JAKARTA, Indonesia Today - The US$120 million three-year term loan for Astra Sedaya Finance is oversubscribed and may be increased to...

Banking | Monday, 21 May 2012

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Templeton's Investment in Indonesia Declines to 5% in April

FLORIDA, Indonesia Today - Templeton Global Income Fund invested 5% of its total net assets in Indonesia as of April 30...

Stocks | Monday, 21 May 2012

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Pratt & Whitney Canada Signs 5-Year Service Agreement with Pacific Royale Airways

MINNESOTA, Indonesia Today - Pratt & Whitney Canada SEA (P&WC SEA), located in Singapore, has signed a five-year Maintenance, Repair an...

Transportation | Monday, 21 May 2012

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Nomura Research Establishes Representative Office in Jakarta

TOKYO, Indonesia Today - Nomura Research Institute Ltd. (NRI), a leading provider of consulting services and system solutions, today announces th...

Internet | Monday, 21 May 2012

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Omedia Again Extends Megapower Acquisition

KUALA LUMPUR, Indonesia Today - Oriented Media Group Berhad (Omedia) extends its proposed acquisition of 85% equity interest in PT Me...

Energy | Monday, 21 May 2012

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Interra's Goldpetrol Commences Drilling in Myanmar

SINGAPORE, Indonesia Today - Interra Resources Limited, a company controlled by Indonesian tycoon Edwin Soeryadjaya, announces today that its jointly co...

Energy | Monday, 21 May 2012

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JSW Steel Production Grows 10% in April

SINGAPORE, Indonesia Today - JSW Steel Limited reported monthly crude steel production of 7.15 lacs tons for April 2012, with a ...

Steel | Monday, 21 May 2012

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Tunas Ridean to Acquire Izusu Distributor

JAKARTA, Indonesia Today - Car distributor and dealer PT Tunas Ridean Tbk (TURI) and its unit PT Tunas Mobilindo Parama pl...

Automotive | Monday, 21 May 2012

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Surya Toto to Build Sanitary Factory This Year

JAKARTA, Indonesia Today - Sanitary and plumbing company PT Surya Toto Indonesia Tbk (TOTO) intends to build new sanitary factory in...

Stocks | Monday, 21 May 2012

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Zebra NUsantara to Acquire CNG Distributor

  JAKARTA, Indonesia Today - Transportation company PT Zebra Nusantara Tbk (ZBRA) plans to acquire a company, distributor of compressed natural gas...

Transportation | Monday, 21 May 2012

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Mother of Hidayat Nur Wahid Passes Away

JAKARTA, Indonesia Today – Siti Rahayu, mother of Hidayat Nur Wahid, Jakarta governor candidate from the Prosperous Justice Party (PKS), ha...

People | Monday, 21 May 2012

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Bank Riau Kepri Books Rp64 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Riau Kepri reported profit after tax of Rp63.89 billion in the fi...

Banking | Monday, 21 May 2012

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Bank Sulselbar Books Rp68 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Sulawesi Selatan dan Barat (Sulselbar), formerly PT Bank Sulsel, posted consolidated pr...

Banking | Monday, 21 May 2012

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BCA Targets Rp4 Trillion Loan for Infrastructure

JAKARTA, Indonesia Today - PT Bank Central Asia (BCA) Tbk (BBCA) targets to loan Rp3-4 trillion for infrastructure sector in ...

Banking | Sunday, 20 May 2012

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BI Rules on Rewards Restriction and Individual Ownership in Banks

JAKARTA, Indonesia Today - Central bank Bank Indonesia (BI) releases policy direction for conventional banking this year, including the restriction ...

Banking | Sunday, 20 May 2012

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Ratu Prabu Plans Rigths Issue in Q3

JAKARTA, Indonesia Today - PT Ratu Prabu Energy Tbk (ARTI) plans to issue new shares through pre-emptive rights scheme in ...

Stocks | Saturday, 19 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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Latest News

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.

According to the company's financial report for financial year ended December 31, 2011, total revenue from Indonesia and PNG operations reached $846.5 million last year, increased 7% from 2010.

Coca Cola Amatil controls 100% shares in two Indonesian subsidiaries, PT Coca-Cola Bottling Indonesia and PT Coca-Cola Distribution Indonesia.

Overall, Coca-Cola Amatil reported trading revenues of $4.8 billion last year, increased 6.9% from 2010, while operating cash flow increased by 9.6% to $641.8 million. (Indonesia Today)

Coca-Cola Amatil



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» Telkom Allocates Rp151 Trillion Capex for 5 Years

Theindonesiatoday.com - Country's largest telecommunication firm PT Telekomunikasi Indonesia Tbk (TLKM) allocates capital expenditure (capex) of Rp151 trillion for 2011-2015 period, Investor Daily reported this morning.

» Interra to Relinquish Thailand Block

Theindonesiatoday.com - Interra Resources Limited, controlled by Edwin Soeryadjaya, has decided that it will relinquish its concession rights in Block L17/48 Thailand on or before December 7th, 2010. 

» Global Sentiment Lifts IDX 1%, BUMI Gains

Theindonesiatoday.com - Global and regional sentiment have lifted composite index of the Indonesia Stock Exchange (IDX) by 1.13% in the morning session.

» Dino, Lutfi Sworn In As Ambassadors to US, Japan Respectively

Dino Patti Djalal, former spokesperson of President Susilo Bambang Yudhoyono (SBY), and Muhammad Lutfi, former head of National Investment Coordinating Board (BKPM), were sworn in as Indonesian Ambassadors to the US and Japan respectively on...

» Tomy & Prabowo Accused as Financiers of Zaini-Muzakkir

JAKARTA, Indonesia Today - Tempo magazine in its new edition reveals that incumbent governor Irwandi Yusuf, who, based on Quick Count, might have lost Aceh governorship to Zaini Abdullah, accuses Tomy Winata (owner of Artha Graha Group) and...

» SBI Holdings Acquires 25% BNI Securities

Theindonesiatoday.com - SBI Securities Co Ltd, a subsidiary of SBI Holdings Inc, will acquire a 25% stake of PT BNI Securities, a subsidiary of Bank Negara Indonesia.

» Sinarmas & ICBC Provide Loans to Modernland Realty

Theindonesiatoday.com - Bank Sinarmas and Bank ICBC Indonesia have provided a total of Rp121 billion loans to property developer PT Modernland Realty (MDLN) Tbk.

» PSL Group Enters Indonesia Coal Business

Theindonesiatoday.com - SGX-listed PSL Holdings Limited, a foundation-engineering specialist, which also supplies construction equipment and crawler cranes, has decided to invest in Indonesian coal mining industry.

» Global Mediacom Appoints 3 Underwriters for Bond

JAKARTA, Indonesia Today - PT Global Mediacom Tbk (BMTR), a diversified media company, has appointed 3 underwriters - PT Danareksa Sekuritas, PT Indo Premier Securities and PT MNC Securities - as underwriters for its Rp1 trillion bonds issuance,...

» IDX Lost another 1.46% to Below 3,700

 Theindonesiatoday.com - Composite index of Indonesia Stock Exchange (IDX) drowned 1.46% to below 3,700 Wednesday (Sept 21) due to continuous selloff in blue chip stocks.

» ADB Grants $500,000 for Indonesia

Theindonesiatoday.com - Asian Development Bank (ADB) grants US$500,000 technical aid for Indonesia's infrastructure development. The fund is provided by Japan government through Japan Fund for Poverty Reduction (JFPR).

» Aetra Air Jakarta H1 Profit Down 6.4%

Theindonesiatoday.com - Water supply company PT Aetra Air Jakarta booked net profit of Rp42 billion in the first half of 2011, down 6.4% from the corresponding period last year, despite higher sales revenue.

» HD Finance Signs Rp300 Billion Credit Facility

Theindonesiatoday.com - PT HD Finance Tbk (HDFA), financing-arm of Orang Tua Group, had signed three credit facility agreements with three local banks in the first quarter.

» Tanjung Perak Port Adds Seven Mobile Harbor Cranes

Theindonesiatoday.com - State-owned port management company PT Pelabuhan Indonesia III plans to install seven new mobile harbor cranes (MHC) at the Tanjung Perak Port, Surabaya with total investment of around Rp315 billion.

» Sihayo: Gold Price Triggers Local Miners Enter Its Area

 SYDNEY, Indonesia Today - Sihayo Gold Ltd says local miners are operating in a number of locations within its North Sumatran Contract of Work (CoW) area, most likely linked to the gold price movements.

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