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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 - Johnny Rockets today signed a franchising agreement to open their brand of high-energy, all-American restaurants in the country of Indonesia. 

New franchise owner, Wiryantii Sukamdani, who is also the President of the Indonesian Tourism Board, plans to open the first Indonesian Johnny Rockets restaurant at the new Beach Walk Center, on the beautiful beach of Kuta Bali, in the first half of 2012.

The agreement also calls for four additional restaurants within the next five years.

An official signing ceremony was held, today, as part of the International Franchise Association, U.S. Commercial Service and Franchise Times trade mission to Vietnam and Indonesia. This week's mission was assembled for thirteen companies representing nineteen brands to meet and develop business with prospective partners in those countries.

Traditional Johnny Rockets restaurants feature visible grills, jukeboxes, dancing servers and dynamic full service with both dining room and counter seating. The made-after-you-order menu is filled with favorites that include hamburgers, sandwiches, salads, sides and shakes that stay true to the tradition of simple, high-quality, meals that are both satisfying and delicious. Johnny Rockets currently operates restaurants in sixteen countries, on five continents. (ferdi@theindonesiatoday.com)



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» United Tractors Caps Market Rebound

JAKARTA, Indonesia Today - Substantial correction of United Tractors (UNTR) shares has capped the rebound of IDX composite index Tuesday (May 8). IDX composite gains only 0.11% to 4163 two hours into trading.

» 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.

» Olam Raises US$1.25 Billion Facility

Theindonesiatoday.com - Olam International Limited launches a fully underwritten US$1.25 billion Syndicated Term Loan Facility.  The Facility comprises a US$ 625 million 3-year tranche and a US$625 million 5-year tranche.

» Regional Markets Open Higher Following Wall Street

Theindonesiatoday.com - Regional markets opened higher this morning to tracking gains in Wall Street and European markets on Tuesday. Crude oil also gained.

» Buton Block's Benteng Prospect Drilling Result Expected for Early June

LONDON, Indonesia Today - Premier Oil have program of around 12 exploration and appraisal wells, including the Benteng wells, Indonesia, which are currently drilling. A program of around 12 exploration and appraisal wells is planned for the...

» Govt Proposes Lower Oil Production on 2012 Budget

JAKARTA, Indonesia Today - The Ministry of Energy and Mineral Resources (ESDM) has proposed to lower oil production target on 2012 state budget to 930,000 barrels oil per day (bopd) from initial target 950,000 bopd.

» Cardig Aero Sets IPO Price Rp350-590 per Share

Theindonesiatoday.com - PT Cardig Aero Services, member of Cardig International, has set its IPO price at between Rp350 per share to Rp590 per share, to raise total proceeds of Rp109.56 billion to Rp184.69 billion.

» Delay Costs Martabe Gold Project Additional US$102 Million

HONG KONG, Indonesia Today - Total capital expenditures of Martabe gold project in North Sumatra have increased US$102 million from US$576 million to US$678 million due to the schedule slippage from end March to July 2012.

» JSW Steel to Operate Plants at 80% Capacity

Theindonesiatoday.com - India-based JSW Steel Ltd plans to operate its plants at around 80% capacity though ruling is not expected to ease the situation for the steel makers to operate at full capacity.

» BTPN Reports 76% Profit Growth in First Quarter

Theindonesiatoday.com - PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) posted profit after tax of Rp271.87 billiion in the first quarter of 2011, a 76% surge compared to Rp154.58 billion in the corresponding period of last year.

» Somalian Pirate Hijacks Cargo Ship with Indonesian Oil

OMAN, Indonesia Today – Somalian pirates has hijacked MT Smyrni, Greek Cargo, which reportedly bring Indonesia’s 950,000 barrels oil cargo in the Arabian Sea around Oman.

» CPO Moves in Huge Volatility, Plantation Stocks Lost Ground

KUALA LUMPUR, Indonesia Today - Crude palm oil (CPO) had a volatile session Wednesday due to concern over further cooling down of commodities.

» Krass Family Divests Minahasa Lagoon

Theindonesiatoday.com - Krass Family divests all of their ownership in PT Minahasa Lagoon, a luxurious resort in North Sulawesi, to two companies: Kent Ridge Holdings Pte Ltd and Verdaan Resorts Pte Ltd.

» IDX Opens Higher Following Regional

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened higher by 0.24% at 3,739.40 this morning, following gains in regional markets.

» GTSO Mulls Partnership with NWEM for Lombok Gold Project

Theindonesiatoday.com - Green Technology Solutions Inc (GTSO) explores potential collaboration with New World Energy and Minerals (NWEM) to develop potentially lucrative gold resources in Lombok, West Nusa Tenggara.

 

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