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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:

Transportation

As part of the Business Plan 2010, Member Lines of the South East Asia and South Asia/Australia Trade Facilitation Agreement will implement a Rate Restoration (RR) of US$300.00 per TEU with effect from 15 September 2010.

The new RR will apply for all shipments from SINGAPORE, Malaysia, Indonesia, Thailand, Vietnam and South Asia (Sri Lanka, Pakistan and Bangladesh) to Australia.

Member Lines have adopted voluntary policy guidelines and have observed the non-binding element of their agreement.

These are the participating lines on the agreement;

1.         ANL Singapore Pte Ltd

2.         APL Co. Pte Ltd

3.         Hanjin Shipping Co Ltd

4.         Hyundai Merchant Marine Co., Ltd

5.         K Line

6.         MISC Berhad

7.         Mitsui OSK Lines Ltd

8.         MSC Mediterranean Shipping Company S.A

9.         NYK Line

10.       Orient Overseas Container Line Ltd

11.       Pacific International Lines Pte Ltd

12.       Regional Container Lines

13.       Maersk Line


More articles :

» Astra Agro Opts to Acquire Land in Papua

Theindonesiatoday.com - Plantation firm PT Astra Agro Lestari Tbk (AALI) opts to acquire land in east of Indoinesia, especially Papua, for its long term business diversification into sugar industry, Bisnis Indonesia reported this morning.

» Asuransi MAG's Profit Surges 77%

Theindonesiatoday.com - Insurance firm PT Asuransi Multi Artha Guna (AMAG) Tbk, a unit of Panin Group, reported 77% growth of net profit in the first 9 months of 2011.

» Foreign Tourists Declines 9.92% in January

JAKARTA, Indonesia Today - Total foreign tourists visiting Indonesia reached 652,692 in January 2012, declined 9.92% compared to 724,539 in December 2011. Compared to January 2011, the number rose 18.93%, Central Bureau of Statistics (BPS)...

» Oil Price Declines, Energy Stocks Mixed

Theindonesiatoday.com - The energy commodities futures prices dropped again this morning. The futures price of Crude oil in Nymex was at USD 98.85 per bbl, down 0.74% from previous closing.

» BI Rate Kept at 5.75%

JAKARTA, Indonesia Today – Bank Indonesia‘s board of governors today decided to keep the benchmark BI Rate at 5.75%, consistent with the inflation pressure and conducive for boosting economic growth amid the global economic slowdown.

» Gas Prices to Be Raised, Adds $7.5 Billion to State Coffers

JAKARTA, Indonesia Today - Gas prices purchased from Corridor Block and South Sumatera Block supplied to PT Perusahaan Gas Negara Tbk (PGAS) are set to be raised by more than threefold. Meanwhile the State will capture more income from oil & gas...

» Indonesia Among Priorities of Gunnebo Security

Theindonesiatoday.com - Gunnebo Security Group places Indonesia as one of key priorities for its 2012 growth program. 

» Nippon Indosari Seeking Rp100 Billion Loan

Theindonesiatoday.com - PT Nippon Indosari Corpindo (ROTI) Tbk, famous for its Sari Roti bakery products, is now seeking bank loan worth Rp100 billion for funding the establishment of new factories in Cibitung, West Java and Palembang, South...

» Tiger Airways Turns to Loss Due to Higher Fuel Prices

Theindonesiatoday.com - SGX-listed Tiger Airways Ltd reported net loss after tax of $20.6 million in the first quarter of 2012 fiscal year (April-June 2011), compared to profit $1.9 million in the corresponding period of 2011 fiscal year...

» Multiply Moves Headquarter to Indonesia

JAKARTA, Indonesia Today - E-commerce player Multiply plans to move its headquarter from Florida, US to Indonesia just months after it opened Indonesian operation last April.

» Coal Stocks Open Lower, Tracking Oil Price

Theindonesiatoday.com - Lower prices of commodities and oil dragged Indonesian and a number of regional coal stocks opened down in the opening this morning. Investors' concern over China's inflation also undermined sentiment.

» Coal Slips Further, Bukit Asam Lost 16.7%

Theindonesiatoday.com - Thermal coal spot prices ended the week of October 7, 2011 mostly lower, in contrast to recovery in the crude oil market.

» Toyo Awarded to Construct Chandra Asri's Butadiene Plant

Theindonesiatoday.com - Toyo Engineering Korea Limited (Toyo-Korea), a Korean subsidiary of Toyo Engineering Corporation, has been awarded to construct a butadiene plant in Cilegon, West Java by PT Petrokimia Butadiene Indonesia, subsidiary of PT...

» 761 Telkom Workers Participate in Early Retirement

Theindonesiatoday.com - About 761 employees of PT Telekomunikasi Indonesia (TLKM) Tbk has decided to participate in early retirement program (ERP), which will be executed early this month.

» ISDN Exits from Bauxite Facilities Projects in Kalimantan

Theindonesiatoday.com - ISDN Holdings Limited announces today its wholly-owned subsidiary, ISDN Investments Pte Ltd, along with RLM Pte Ltd (RLM), a subsidiary of the company, have entered into a termination agreement for bauxite facilities project...

 

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