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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

Theindonesiatoday.com - The benchmark June contracts increase sharply to RM3,440 from last Friday's closing of RM3.399 per ton to tracking crude oil.

July and August contracts also gained to RM3,433 and RM3,427 per ton respectively, while May contracts increased to RM3,450 per ton.

Plantation stocks opened mostly higher in JAKARTA , led by Astra Agro with 2.00% gain. PP London and Sampoerna Agro gained 1.06% and 1.59% respectively, while Tunas Baru Lampung dropped 1.15%.

In SINGAPORE , plantations are mainly in green zone with IndoAgri and GoldenAgri gained 0.86% and 0.68% respectively, but Wilmar dropped 1.12%.

In KUALA LUMPUR , plantation stocks also opened mainly in red. IOI and Kulim dropped 1.24% and 1.18% respectively, while but IJM gained 1.02%. (teguh@theindonesiatoday.com)


More articles :

» Tunas Baru Lampung Enters Sugar Industry

Theindonesiatoday.com - CPO producers PT Tunas Baru Lampung Tbk (TBLA) will enter the sugar industry in order to diversify its business. 

» Pan Brothers Eyes 30% Sales Growth in 2012

Theindonesiatoday.com - Garment producer PT Pan Brothers Tbk (PBRX) targets sales to grow 30% to US$325 million in 2012 along with the increasing demand and operation of 2 factories in Boyolali, Central Java, Bisnis Indonesia reported this morning.

» CPO Futures Lost Another 1.4%, KPB Withdrew 13 Packages on Low Bids

Theindonesiatoday.com - Crude palm oil (CPO) declined further by 1.4% to RM3,018 per ton on the Bursa Malaysia Derivatives Exchange Wednesday (Nov 30) on oversupply concerns.

» Indosat Delays Q1 Results Release

PT Indosat Tbk (ISAT), the country's second largest phone company, said Thursday that it will delay the release of its first quarter results, which was supposed to be delivered by May 31.

» Oil Price Up, Energy Stocks Mostly Gain

Theindonesiatoday.com - The energy commodities increased further. The price of futures Asian Nymex Crude oil was at USD 89.42 per bbl, up 0.42% from previous settlement, while the Natural Gas was slipped 0.15% to USD 3.97 per MMBtu.

» Freeport Drops Further to New Low in One Month

Theindonesiatoday.com - Shares of Freeport McMoRan (FCX), parent company of Freeport Indonesia, dropped further by 2.7% in New York Wednesday (Nov 23) on broad market sentiment and the falling of copper prices to its lowest level in one month.

» Truba Posts Operating Loss

EPC company PT Truba Alam Manunggal Engineering (TRUB) Tbk reported operating loss of Rp4.74 billion in the first quarter of 2010 against operating profit of Rp48.36 billion in the same period last year.

» CPO Rebounds, Plantation Stocks Still in Red

KUALA LUMPUR, Indonesia Today - Crude palm oil (CPO) rebounds slightly to RM3170 per ton Tuesday after dropping as much as RM125 per ton Monday.

» IDX Ends Down 0.75%, European Markets Gain

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange ended down 0.75% at 3,763.58 on Tuesday, cut its morning's fall of 1.28% as gains in European markets prompted selecting buying in afternoon trade.

» Petron Posts P134.9 Billion Revenue for 1st Half of 2011

Theindonesiatoday.com - SGX-listed Petron Corporation, integrated oil refining and marketing company, reported sales revenues of P 134.9 billion in the first half of the year compared to P 115.4 billion of the same period last year.

» Jakarta Shares Close Up at New Record High, Berau Coal Ends Higher on Debut

Indonesian shares closed up at new record high on Thursday on positive regional market sentiment, with listing of miner Berau Coal Energy further attract buying interest.

» Barito to Expand into Palm Oil and Coal Mine

Theindonesiatoday.com - PT Barito Pacific (BRPT) Tbk, parent company of PT Chandra Asri Petrochemical Tbk (TPIA), allocates US$50 million funds for expanding into palm oil plantation and coal mining, Bisnis Indonesia reported this morning.

» Pamapersada Coal Output Grows 11%, Overburden Soars 21.5%

JAKARTA, Indonesia Today - PT Pamapersada Nusantara, mining contractor subsidiary of PT United Tractors Tbk (UNTR), reported coal production of 86.6 million tons last year, an increase of 11.2% from 2010.

» Wynn Macau Profit Down 9% Despite Higer Casino Revenue

Theindonesiatoday.com - Wynn Macau Limited booked net profit of US$120 million in the quarter ended June 30, 2011, down 9% from the same period last year.

» Interpid Claims Encouraging Gold Assays at Tumpangpitu

Theindonesiatoday.com - Intrepid Mines Limited reported that assay results from four holes (GTD-11-212, 213, 214 and 216) in the on-going drilling program at the copper-gold zone of the Tumpangpitu area of the Tujuh Bukit Project in Indonesia, have...

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