Bank DBS Indonesia H1 Profit Surges Sixfold

» China Coal H1 Profit Grows 6.8% to RMB$6.1 Billion

Theindonesiatoday.com - China Coal Company Ltd, one of the world's largest thermal coal producers, booked net profit of RMB6.1 billion in the first half ended June 30, 2011, an increase of 6.8% from the same period last year.

» Rectors in Seven State Accused of Receiving 'Fees' from Nazaruddin

Theindonesiatoday.com - Seven rectors of the state universities reportedly received fees from PT Anugrah Nusantara, a company initially co-owned by Muhammad Nazaruddin, graft suspect and former President SBY’s Demokrat Party treasurer and Anas...

» Delta Dunia Coal Output Drops 12.9%

Theindonesiatoday.com - PT Delta Dunia Makmur (DOID) Tbk, parent company of mining contractor BUMA, produced 2.7 million tons of coal last month, dropped 12.9% from the previous month and 15.6% below December 2010.

» Adira Dinamika H1 Profit Inches Up 4.3%

Theindonesiatoday.com - Financing firm PT Adira Dinamika Multi Finance Tbk (ADMF) booked net profit of Rp741 billion in the first half of 2011, grew 4.3% from Rp711 billion in the same period of last year.

» LPS Refuses to Refund Antaboga Customers

Theindonesiatoday.com - Indonesia's Deposit Insurance Corporation (LPS) refused to refund PT Antaboga Delta Sekuritas' customers. The agency insisted the brokerage fund should repay its customers.

» China Merchant Bank Proceeds with RMB35 Billion Rights Issue

Theindonesiatoday.com - China Merchant Bank Ltd, one of the largest banks in China, has decided to proceed with the issue of new A and H Shares to raise gross proceeds of not more than RMB35 billion.

» Sumatra Copper Claims High Grade Gold in Belinau Deposit

SYDNEY, Indonesia Today - Sumatra Copper & Gold Plc claims further high grade results from geotechnical drilling at its Belinau deposit within its 100%-owned Tembang gold and silver project southern Sumatera.

» Giti Tire Redeems US$200 Million Notes

Theindonesiatoday.com - Tire manufacturer Giti Tire Company Ltd, controlled by Nursalim family, plans to redeem in full all outstanding US$200 million 12.25% Guaranteed Senior Secured Notes due 2012 on September 14, 2011.

» Madhucon Gets Forest Clearance License in Dawas Mine

BOMBAY, Indonesia Today - PT Madhucon Indonesia receives forest clearance license in Dawas Mine, South Sumatera and expect to commence production by June 2012.

» PAN Asia Receives Clean & Clear Status for TCM Project

SYDNEY, Indonesia Today - Pan Asia Corporation Ltd has received confirmation of “Clean and Clear” status for its TCM Project from the Ministry of Energy and Mineral Resources (MoEMR) in Indonesia, by way of official release dated May,...

» Mahakam Block Contract Might be Terminated

JAKARTA, Indonesia Today – Vice Minister of Energy & Mineral Resources Widjajono Partowidagdo said Mahakam Block contract, currently co-owed by Total E&P Indonesie and Inpex, might be terminated before 2017.

» Soeharto Grandson Alleged of Embezzlement

Theindonesiatoday.com - Ari Sigit, grandson of the late president Soeharto, was reported to the Jakarta Metro Police for embezzlement and fraud allegation of Rp2.5 billion by PT Krakatau Wajatama, subsidiary of state-owned steel producer PT...

» Salim Ivomas Gains 9% in Trading Debut

Theindonesiatoday.com - PT Salim Ivomas Pratama (SIMP) Tbk gained 9.09% in its trading debut on the Indonesia Stock Exchange (IDX) this morning as the shares were offered at lower bound in an initial public offering (IPO).

» United Tractors Increases Capex to $550 Million

Theindonesiatoday.com - PT United Tractors Tbk (UNTR), mining contractor, coal producer, and heavy-machine distributor arm of Astra Group, increases its capital expenditure (capex) for this year to US$550 million from initial plan US$500 million,...

» Premier Oil Claims Progress in Indonesian Projects

Theindonesiatoday.com - Premier Oil says its Indonesian projects continue to progress according to project schedules and is presently working to deliver the next phase of approvals on Block A Aceh over the next six months.

Latest News

» China Coal H1 Profit Grows 6.8% to RMB$6.1 Billion

» Rectors in Seven State Accused of Receiving 'Fees' from Nazaruddin

» Delta Dunia Coal Output Drops 12.9%

» Adira Dinamika H1 Profit Inches Up 4.3%

» LPS Refuses to Refund Antaboga Customers

» China Merchant Bank Proceeds with RMB35 Billion Rights Issue

» Sumatra Copper Claims High Grade Gold in Belinau Deposit

» Giti Tire Redeems US$200 Million Notes

» Madhucon Gets Forest Clearance License in Dawas Mine

» PAN Asia Receives Clean & Clear Status for TCM Project

» Mahakam Block Contract Might be Terminated

» Soeharto Grandson Alleged of Embezzlement

» Salim Ivomas Gains 9% in Trading Debut

» United Tractors Increases Capex to $550 Million

» Premier Oil Claims Progress in Indonesian Projects

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