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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

Theindoensiatoday.com - Composite index of IDX opened down by 0.47% at 3,580.93 in line with regional markets. Wall Street also corrected last night while crude oil price increased 0.47%.

BMRI lost 1.56%, BBRI fell 0.97% while BORN shed 1.24%. ENRG retreated 0.88% while BUMI and ADRO were flat.

ITMG and RODA gained 0.57% and 0.63%, respectively.

Regional markets opened lower. All Ordinaries dropped 1.17%, Nikkei lost 1.09%, Kospi shed 0.99% and Shanghai Composite fell 0.9%. Hang Seng, KLSE Composite and Straits Times were also in red. (Theindonesiatoday.com)


More articles :

» Late Buying Helps IDX Gain

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) ended marginally higher by 0.07% at 3,730.58 with late buying in certain big cap stocks helped the index's gain.

» Regional Markets Open Lower, Oil Price at $90

Theindonesiatoday.com - Regional markets opened lower this morning to tracking the fall in Wall Street on Friday and the decline of crude oil price.

» Challenger Exercises Option to Acquire the Pelangi Project

Theindonesiatoday.com - TSX Venture-listed Challenger Deep Resources Corp., through its wholly owned subsidiary, PT Bestindo Energy, has exercised its previously announced option to purchase an additional coal project in East Kalimantan, Indonesia.

» Ramayana Profit Slashed 38%

Retailer PT Ramayana Lestari Sentosa (RALS) Tbk posted net profit of Rp48.9 billion in the first half of 2010, dropped 38% from Rp79.6 billion in the same period last year on squeezed margin.

» Newcastle Coal Shipment Increases 9.55%

Theindonesiatoday.com - Newcastle Port reports its shipment for the week ended 30 May 2011 had jumped 9.55% to 1.95 million tons of coal compared to the previous week.

» Temas Line Cuts Losses to Rp114 Billion

Theindonesiatoday.com - Shipping company PT Pelayaran Tempuran Mas (TMAS) Tbk, popular as Temas Line, booked net loss of Rp114.46 billion last year, dropped substantially from a net loss of Rp178.9 billion in 2009.

» IDX closed lower by 1.22%

Composite index of IDX closed lower by 1.22% today. Miners led the downfall with both INCO and ANTM lost 3%. 

» IDX lost 1.48%

The composite index of IDX closed lower by 1.48% today to 2702. Bumi Resources (BUMI) is the top loser with 9.71% drop and trading value of Rp512 billion. Delta Dunia Makmur (DOID) also lost 9.42% on heavy trading.

» Mandom Indonesia to Pay Dividend of Rp68.36 Billion

Theindonesiatoday.com - Consumer goods producer PT Mandom Indonesia Tbk (TCID) will pay dividend of Rp68.36 billion, or Rp340 per share, for 2010 fiscal year, with dividend payout ratio of 48%. The dividend was approved by shareholders on annual...

» CPO Falls to RM2342, Plantation Stocks in Lower Grounds

Plantation stocks are mainly in lower grounds in the region this morning as crude palm oil futures fall further to RM2342 per ton on the Malaysia Derivatives Exchange.

» IDX Opens Higher, Regional Weak

Theindonesiatoday.com - Composite index of Indonesia Stock Exchange (IDX) opened slightly higher by 0.21% this morning, while other markets moved in narrow range in the region.

» German Investors Interested in Renewable Energy & Automotive

Theindonesiatoday.com - German investors have expressed their interests to invest in Indonesian biomass, geothermal, and automotive sectors.

» Templeton Cuts Further Indonesian Investment

Theindonesiatoday.com - Templeton Global Income Fund invested 8.7% of its total net assets in Indonesia as of December 31, 2011, declined from 9.4% in November 30, 2011.

» IDX Closes Morning Up 0.82%, Regional Markets Gain

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) closed morning trade higher by 0.82% at 4,120.51 along with the gains in regional markets.

» Yusril and Hartono Tanoe Declared as Suspects over Graft Case

Former Minister for Justice and Human Rights Yusril Ihza Mahendra and chief commissioner of PT Sarana Reka Dinamika (SRD) Hartono Tanoe have been declared as suspects over the ministry’s corruption scandal.

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