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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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Indonesia Finance

PT Bank Rakyat Indonesia (BBRI) Tbk returned to No. 6, taking over the position from Unilever Indonesia (UNVR), with 3.36% gain this morning.

BRI currently has market capitalization of Rp94.02 trillion, bigger than UNVR (Rp93.09 trillion). Telkom (TLKM) is still the largest with Rp169.3 trillion, but only inches away from Astra (Rp162.1 trillion). 

BCA is the top gainer among the blue chips with almost 10% gain this morning to make it a Rp140.53 trillion company and maintained its position as the third largest company on IDX. BankMandiri is fourth with Rp100.6 trillion, but only inches away from PGN (Rp100.03 trillion).

Indo Tambangraya (ITMG) jumps to No. 16, bigger than INCO and AALI, due to 5.42% gain this morning. Bumi Resources? No. 13 with Rp49 trillion, right below Gudang Garam and Indocement.

More articles :

» Wortel Drillings Completed, First Gas End of January

Theindonesiatoday.com - Cue Energy Resources Ltd expects the Wortel gas field, operated by Santos Ltd, on the Sampang PSC, East Java to complete drilling operations in the first week of January 2012 and will commence gas export by end of the month.

» CPO Future Price Retreates, Plantation Stocks Drop

Theindonesiatoday.com - CPO futures prices on the Bursa Malaysia for the benchmark January delivery fell to RM3,011 per ton. While price for February delivery declined to RM3,010 per ton. On the ICDX, the CPO futures prices for the benchmark January...

» Ancora to Build Ammonium Nitrate Plant in Cikampek

PT Ancora Indonesia Resources Tbk (OKAS) said it plans to build ammonium nitrate plant in Cikampek, West Java, with investment value of US$30-40 million, Investor Daily reported on Friday.

» Margin Squeezed, Truba Reports Net Loss

Theindonesiatoday.com - Engineering firm PT Truba Alam Manunggal (TRUB) Tbk booked net loss of Rp11.8 billion in the first half of 2011 due to the squeezed margin.

» Mayora Pays Dividend Rp76.7 billion for 2009

Food manufacturer PT Mayora Indah Tbk (MYOR) will distribute dividend of Rp 76.7 billion, or Rp 100 per share for the 2009 fiscal year. The dividend represents a 28.65 percent of the company's 2009 net profit.

» Jakarta Governor Candidates Sell Promises of Handling Floods Problem

JAKARTA, Indonesia Today – All Jakarta governor candidates have been trying to sell their promises for handling and resolving the flood problem in Jakarta area. While flood is still soaking Greater Jakarta areas today (Apr 4), adding more...

» China Eastern Airlines Q1 Profit Falls 74%

HONG KONG, Indonesia Today - China Eastern Airlines Corp booked net profit of RMB266.5 million in the first quarter of 2012, slashed by 73.7% from the same period last year due to higher fuel costs.

» Kangaroo Ramps Up Mamahak Coal Output

Theindonesiatoday.com - Kangaroo Resources Ltd bagged total receipts from coal sales of A$2.6 million from Mamahak Coal Project, East Kalimantan in third quarter 2011 and expects the production ramp up to come by the first quarter of 2012.

» Bakrie & Brothers Turns to Profit in H1

Theindonesiatoday.com - PT Bakrie & Brothers Tbk (BNBR) reported today it booked net profit of Rp45 billion, compared to net loss Rp172 billion in the corresponding period of last year.

» Asian Markets Gain Tracking Wall Street

Theindonesiatoday.com - Regional stocks markets opened higher this morning to tracking gain in Wall Street last night. Dow Jones of Wall Street gained 1.58% and Nasdaq rose 1.63% on Tuesday (October 18). 

» Environmental Ministry Sued Over Newmont Tailings

Theindonesiatoday.com - Indonesian environmental NGO, Walhi, and West Sumbawa Administration Regency have filed lawsuit against Environmental Ministry for the Environmental Minister Decree No 92/2011, which extends PT Newmont Nusa Tenggara's license...

» JCI Closes Higher Led by Energy Stocks

Theindonesiatoday.com - The Indonesian shares ended higher today with the Jakarta Composite Index (JCI) gaining 1.28% to 3,769.9, led by top stocks and energy-related stocks.

» Labor Issues Hit Eka Jaya and Swarna Nusa

Theindonesiatoday.com - About 100 of former employees of PT Eka Jaya, an oil palm plantation company in Lahat Regency, South Sumatra, staged a rally at the labor office of Lahat. They asked the government to encourage companies to serve severance...

» Moody's Changes Berau Coal Outlook to Positive

SINGAPORE, Indonesia Today - Moody's Investors Service has changed the outlook of PT Berau Coal Energy Tbk (Berau) to positive from stable and affirmed the B1 corporate family and senior secured ratings.

» Coal Fe Maintains Stable Coal Production from Kalimantan

Theindonesiatoday.com - Coal Fe Resources Ltd aims to commence stable coal production and shipment of 50,000 metric tons per month in the upcoming quarter before achieving next production target of 80,000 tons from its East Kalimantan coal mine.

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