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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

JAKARTA, Indonesia Today - PT Ace Hardware (ACES) Tbk opens two new outlets in Bali and Banten this month. 

Helen Tanzil, corporate secretary of Ace Hardware, said the company opens four new outlets in the first two months of 2011. The opening of new outlets in Denpasar, Bali and Serpong, Banten this month will make the company's total outlet 57.

Ace Hardware is currently traded at Rp4,350, almost 100% gain from early last year. At this price, Ace Hardware has market capitalization of Rp7.46 trillion or about US$830 million.

The company booked net profit of Rp182 billion in nine months of 2011, surged from Rp119 billion in the same period of 2010 on strong sales growth of 47% to Rp1.69 trillion. (Indonesia Today)


More articles :

» Commonwealth Bank to Issue Rp500 Billion MTN

Theindonesiatoday.com - PT Commonwealth Bank, Indonesian operation of Australia’s Commonwealth Bank, plans to issue medium term notes (MTN) worth Rp500 billion.

» Hatta Rajasa: Stop Exporting Gas to Singapore

Theindonesiatoday.com - Chief economic minister Hatta Rajasa confirmed government's plan to stop exporting natural gas to Singapore.

» Land Problem in Toll Project Boosts BNI Undisbured Loan

JAKARTA, Indonesia Today - PT Bank Negara Indonesia Tbk (BBNI) reported Rp7 trillion undisbured loan by December 2011, mostly loan for toll project, Bisnis Indonesia reported this morning.

» Sinopec H1 Profit Grows 9.4% to RMB40 Billion

Theindonesiatoday.com - China Petroleum & Chemical Corporation (Sinopec) booked net profit of RMB40.24 billion in the first six months ended June 30, 2011, representing a 9.4% growth over the same period last year.

» North Sumatra Governor Gets 2.5 Years Prison Sentence

Theindonesiatoday.com - Corruption Court sentenced Syamsul Arifin, suspended governor of North Sumatra, two years and six months imprisonment for his role in the embezzlement of Langkat Regency's administration budget.

» Astra Graphia Seeking Rp200 Billion Loan

Theindonesiatoday.com - PT Astra Graphia Tbk (ASGR), IT and document solution provider, is now seeking loan amounting Rp100-200 billion for funding business development and working capital, Investor Daily reported this morning.

» Telcos Ordered to Stop Premium SMS Services, Refund Deducted Phone Credits

Theindonesiatoday.com - The Indonesia Telecommunication Regulatory Body (BRTI) orders telecommunication operators to stop premium-rate SMS services following a recent public outcry over unwanted services that deduct credit from users with pre-paid...

» Margin Squeezed, BLTA Operating Profit Drops 24.5%

Theindonesiatoday.com - Shipping company PT Berlian Laju Tanker (BLTA) Tbk booked operating profit of US$59.37 million in nine months of 2011, dropped by 24.5% from the same period last year on lower sales and profit margin.

» Sinarmas & ICBC Provide Loans to Modernland Realty

Theindonesiatoday.com - Bank Sinarmas and Bank ICBC Indonesia have provided a total of Rp121 billion loans to property developer PT Modernland Realty (MDLN) Tbk.

» Foreign Tourists Increase 16% in September

Theindonesiatoday.com - Total foreign tourists visiting Indonesia reached 650,071 in September 2011, increased 16% compared to 560,367 in September 2010. Compared to August 2011, the number rose 4.67%, Central Bureau of Statistics (BPS) announced...

» Bank Jasa Reports 6.9% Profit Decline

Theindonesiatoday.com - PT Bank Jasa Jakarta booked profit after tax of Rp56.19 billion in first 9 months of 2011, declined 6.9% from Rp60.36 billion in the same period of last year.

» Alfamart to Open 900 Convenience Stores This Year

JAKARTA, Indonesia Today - Retailer PT Sumber Alfaria Trijaya Tbk (AMRT), operator of Alfamart retail outlets, plans to open 900 convenience stores this year and focus the expansion outside Jakarta, Bisnis Indonesia reported this morning.

» Court Rules in Favor of Elnusa for Land Dispute

Theindonesiatoday.com - South Jakarta District Court had ruled in favor of PT Elnusa Tbk, oil and gas company, on the land dispute against PT Light Instrumenindo.

» Bakrie Life Customers Threaten with Massive Public Rally

Theindonesiatoday.com - Customers of life insurance firm PT Asuransi Jiwa Bakrie (Bakrie Life) threaten to hold another public rally if the company failed to pay the main installment and the interest in arrears.

» Inata Gold Resource Increases to 3.36 Million Ounces

Theindonesiatoday.com - Avocet Mining Plc, a company which divested Indonesia and Malaysia gold mines, reported 59% increase in gold resource at its Inata mine, Africa to 3.36 million ounces.

 

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