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Energi Mineral Langgeng Urged to Stop Exploration in Tanjung Village

Energi Mineral Langgeng Urged to Stop Exploration in Tanjung Village 

SUMENEP, Indonesia Today - Hundreds of Sumenep residents, East Java force PT Energi Mineral Langgeng (EML) to stop its exploration…

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State Officers Likely to Welcome Lady Gaga, FPI Threaten to Dissolve Concert

State Officers Likely to Welcome Lady Gaga, FPI Threaten to Dissolve Concert 

JAKARTA, Indonesia Today – State Officers are likelihood to welcome international superstar Lady Gaga to perform at Gelora Bung Karno…

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First Lady Downplays Ideas to Be 2014 President Candidate

First Lady Downplays Ideas to Be 2014 President Candidate 

JAKARTA, Indonesia Today – First Lady Ani Yudhoyono plays down the ideas of her presidential candidacy in 2014 Election currently…

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Multipolar Expands in Direct Broadcast Satellite Business

Multipolar Expands in Direct Broadcast Satellite Business 

JAKARTA, Indonesia Today - PT Multipolar Tbk has acquired 85% shares of PT Tecnoves International as part of its expansion…

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Delta Dunia Coal Output Down 2%

Delta Dunia Coal Output Down 2% 

JAKARTA, Indonesia Today - PT Bukit Makmur Mandiri Utama (BUMA), mining contractor unit of PT Delta Dunia Makmur Tbk (DOID),…

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UNTR Coal Sales Jumps 37%

UNTR Coal Sales Jumps 37% 

JAKARTA, Indonesia Today - PT United Tractors Tbk (UNTR)’s coal sales in the first four months of 2012 jumped 37.3%…

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Overseas Travel Ban Imposed on Dutasari Director in Hambalang Graft Case

Overseas Travel Ban Imposed on Dutasari Director in Hambalang Graft Case 

JAKARTA, Indonesia Today - The Corruption Eradication Commission (KPK) files an overseas travel ban to Immigration Directorate General against Mahfud…

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Tutung Alpha-3 Drilling Scheduled for Completion This Quarter

Tutung Alpha-3 Drilling Scheduled for Completion This Quarter 

LONDON, Indonesia Today - Drilling at Tutung Alpha-3 appraisal well on Bontang PSC, East Kalimantan is scheduled for completion by…

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Indosat Seeks Consent from Note Holders

Indosat Seeks Consent from Note Holders 

SINGAPORE, Indonesia Today - Indosat Palapa Company B.V., a Singaporean subsidiary of PT Indosat Tbk,  is soliciting consents from holders…

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Newcastle Port Coal Shipment Drops 55%

Newcastle Port Coal Shipment Drops 55%  

PERTH, Indonesia Today - Newcastle Port Corporation slashed its coal shipment for the week ended 21 May 2012 by 55%…

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Rabobank Lost US$800,000 Lawsuit on Credit Facility Dispute

Rabobank Lost US$800,000 Lawsuit on Credit Facility Dispute  

JAKARTA, Indonesia Today - South Jakarta District Court obliges Rabobank to compensate Golden Harvestino US$810,654 following credit facility dispute, Bisnis…

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Bank DBS Indonesia Posts Flat Profit in Q1

Bank DBS Indonesia Posts Flat Profit in Q1  

JAKARTA, Indonesia Today - PT Bank DBS Indonesia reported profit after tax of Rp105.18 billion in the first quarter (Q1)…

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Latest News

SGX offers MSCI Indonesia Futures from 11 June

  SINGAPORE, Indonesia Today - Singapore Exchange’s (SGX) MSCI Indonesia Index Futures will begin trading from 11 June 201...

Stocks | Tuesday, 22 May 2012

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ENRG's Tonga Block Commences Oil Production

    JAKARTA, Indonesia Today - Tonga block PSC, controlled by Energi Mega Persada (ENRG), has commenced oil production at capacity of 500...

Banking | Tuesday, 22 May 2012

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Bank Permata Sets Bond Coupon at 8.5-9.5%

JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) has set indicative coupon of between 8.50% to 9.50% for its Rp700 ...

Bonds | Tuesday, 22 May 2012

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Three Trucks of PTPN II Burnt Down Following Clash with Local People

  DELI SERDANG,  Indonesia Today - Local people has burnt down three unit trucks of State plantation company PT Perkebunan Nusantara II ...

Dispute | Tuesday, 22 May 2012

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Multipolar Controls 10.59% Stake in Bank Nobu

  JAKARTA, Indonesia Today - Lippo Group’s service and trading company, PT Multipolar Tbk (MLPL) invests Rp43.73 billion in PT Nationalnobu (Ba...

Banking | Tuesday, 22 May 2012

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IDX Gains 1.19% on Regional and Wall Street Rebounds

JAKARTA, Indonesia Today - Composite index of the Indonesia Stock Exchange (IDX) gained 1.19% to 3,986.90 this morning following the re...

Stocks | Tuesday, 22 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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Latest News:

Retail

Theindonesiatoday.com - MarketResearch.com has announced that With global shipments increasing by 280 % in 2011, android smartphones have attained a global smartphone market share of 32 % in a relatively short span of time from just 13 % in 2010. 

Google recently announced in its Q3 2011 conference call that the total number of android activations had surpassed 190 million, up from 135 million in Q2 2011.

In particular, with the entry of Chinese and Indian vendors into the market, the race to lower android smartphone prices is gaining momentum, which in consequence has lead to the early emergence of mid-tier android devices.

Furthermore Google's recently announced acquisition of Motorola with its 17,000 approved and 7500 pending patents, will considerably assist in the protection of android and it's ecosystem from patent infringement lawsuits. The move is further likely boost android sales, and consequently the market share. (Theindonesiatoday.com)

Google Android Devices Smartphone Market Share



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» Merpati President Director Resigns, SoE Ministry Say

JAKARTA, Indonesia Today - State Owned Enterprises Ministry claimed that Sardjono Jhony Tjitrokusumo, former president director of PT Merpati Nusantara Airline, resigned from his previous position, not dismissed as reported earlier.

» Inpex Reports Lower Gas Sales Volume, Includes Mahakam

Theindonesiatoday.com - Inpex Corporation reported its consolidated net sales for the year ended March 31, 2011 increased by ¥102.6 billion, or 12.2%, to ¥943.0 billion from the previous fiscal year due to an increase in sales price of crude oil...

» Surya Semesta Profit Jumps 122%

JAKARTA, Indonesia Today - Property developer PT Surya Semesta Internusa (SSIA) Tbk booked net profit of Rp257 billion last year, jumped 122% from 2011 on strong sales.

» Sanofi to Tap OTC Market Next Year

Theindonesiatoday.com - Pharmaceutical giant Sanofi Group plans to enter over the counter (OTC) next year in a bid to strengthen its position in Indonesian market.

» JS Corporate and Local Partners to Build Coal Terminal

Theindonesiatoday.com - Pakistan-based JS Corporate and its Indonesian partners, PT Hawila International Resources and Perusahaan Daerah Tunggang Parangan are going to develop a coal terminal in Segihan Village, Kutai Kartanegara, East Kalimantan.

» Papua Oil Uplifting Boosts Interra's Revenue

Theindonesiatoday.com - Frequent oil uplifting on the Linda Sele TAC, West Papua as well as stable high oil price has increased Interra Resources Ltd’s revenue by 15% to US$6.91 million in the third quarter of 2011.

» Kertas Basuki to Enter Palm Oil Business

Theindonesiatoday.com - Paper producer and distributor PT Kertas Basuki Rachmat Indonesia Tbk (KBRI) plans to expand its business into palm oil as the government allows the holders of industrial planting forest area to planting palm oil.

» BCA's Farindo H1 Profit Grows 26%

Theindonesiatoday.com - Farindo Investments (Mauritius) Limited & Subsidiaries, holds 47.15% stake in PT Bank Central Asia Tbk (BBCA), posted net profit of US$548.66 million in the first half (H1) ending June of 2011, grew 26% from US$434.84 million.

» First Resources Q1 Profit Grows 22% on Higher CPO Prices

Theindonesiatoday.com - First Resources Limited, controlled by Indonesian business group, booked net profit of US$32.19 million in the first quarter of 2011, increased 22% from the same period last year on higher CPO prices.

» SingTel's Mobile Users Surpass 400 Million

Theindonesiatoday.com - Singapore Telecommunication Ltd (SingTel) announced its mobile customer has passed 400 million customers, making it the largest telecommunication provider in the world.

» Garuda to Utilize Additional IPO Proceeds for Purchasing New Planes

JAKARTA, Indonesia Today - State flag carrier PT Garuda Indonesia Airlines Tbk (GIAA) plans to utilize additional Rp1.8 trillion of IPO proceeds for purchasing new planes, Bisnis Indonesia reported this morning.

» RIM to Launch BlackBerry PlayBook in Indonesia

Theindonesiatoday.com - Research in Motion plans to launch the BlackBerry PlayBook tablet in an additional 16 markets around the world over the next 30 days, including Indonesia.

» Bakrie Swasakti Allocates Rp1 Trillion for Apartment Project

Theindonesiatoday.com - PT Bakrie Swasakti Utama, unit of PT Bakrieland Development Tbk (ELTY), plans to build apartment in Rasuna Epicentrum and Sourth Jakarta area with investment costing Rp1 trillion, Bisnis Indonesia reported this morning.

» Equipments for Sengkang LNG Project Shipped to Site

MELBOURNE, Indonesia Today - Sengkang LNG Project is awaiting 5,000 tons major equipments valued at US$200 million which are currently being shipped to site for the next 50 days, Energy World Corporation Ltd (EWC) confirms.

» HSBC Reports 26% Profit Growth for 2011

JAKARTA, Indonesia Today - HSBC Holdings Plc, the world's local bank, booked net profit of US$17.94 billion in 2011, grew 26% from US$14.19 billion in 2010.

 

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