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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:

Latest News

Daihatsu to Set Up Reseach & Development in Indonesia

Theindonesiatoday.com - Daihatsu Motor Company plans to set up research and development (R&D) in Indonesia, located near new factory of PT Astra Daihatsu Motor (ADM) in Kerawang, West Java.

On September, 2011, parent company Daihatsu, Toyota Motor Corp has committed to build new plant in Kerawang with total investment of Rp3.3 trillion. The plant has capacity of 8.000 units per year.

Amelia Tjandra, ADM's marketing directors, said all of its development product will be dedicated to Indonesia segment. "Daihatsu will set up research and development in Indonesia in October, 2012 after finalizing new plant construction in Kerawang," she said.

Toyota Motor has an ambition to strengthen market penetration in Indonesia and wishes to leading automotive segment in South East Asia. In 2010, Toyota sold 750,000 cars in Indonesia. For this year, Toyota targets 800.000 unit car sales. Toyota and Daihatsu hold 60% of of car market share in Indonesia. (ferdi@theindonesiatoday.com)

 


More articles :

» IDX Closes Morning Up 0.43%

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) closed morning trade up 0.43% at 4,018.51 as most regional markets regained ground.

» Judge Syarifuddin Gets Much Lighter Sentence

JAKARTA, Indonesia Today - Jakarta Corruption Court has on Tuesday (Feb 28) dropped four years imprisonment for suspended judge Syarifuddin for committed corruption by way of receiving graft from curator.

» Greenpeace Makes False Allegations against APP

Theindonesiatoday.com - Claims by Greenpeace International that two Asia Pulp & Paper (APP) products were ‘proven’ to contain ‘Indonesian rainforest fibre’ have no scientific basis, it has been confirmed.

» Adaro Intends to Control Bhakti Energy

Theindonesiatoday.com - Coal miner PT Adaro Energy Tbk (ADRO) intends to increase its stake in PT Bhakti Energy Persada (BEP), from current 10.22%, before end of this year.

» BPMigas Deputies Finally Installed

Theindonesiatoday.com - After months of dispute with energy and mineral resources minister Darwin Zahedy Saleh, BPMigas chairman R Priyono had finally on Friday installed two new deputies.

» Pikko Allocates Rp969 Billion for Royal Oak Tender Offer

Theindonesiatoday.com - Investment company Pikko Land Corporation, based in British Virgin Islands, has prepared Rp969 billion for funding the tender offer shares in PT Royal Oak Development Asia Tbk (RODA) from public investor.

» 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.

» Padang Resources Advances Due Diligence on Paser Coal Project

SYDNEY, Indonesia Today - Padang Resources Ltd has received a Legal Due Diligence Report on the Paser Coal Project, East Kalimantan.

» Tommy Soeharto's Humpuss Faces $145 Million Lawsuit

London, Indonesia Today - Tommy Soeharto’s PT Humpuss is facing legal battle against several giant shipping companies and demanded to pay US$145 million in compensation.

» Niko Awaits Govt Approval for Two More Blocks

Theindonesiatoday.com - Canada-based oil and gas exploration company Niko Resources Ltd awaits Indonesian government approval for two more blocks on top of the 16 blocks under management.

» Metra Tech Launches New Data Center in Asia, Including Asia

WALTHAM, Indonesiatoday.Com-The leading provider of agreements-based billing and compensation solutions, Metra Tech Corp is launching a new Asia-Pacific data center in support of global demand for its multi-tenant, cloud-based billing and...

» COSCO Secures $25.85 Million Contract

Theindonesiatoday.com - COSCO Corporation announces today that its subsidiary COSCO (Zhoushan) Shipyard Co. Ltd. has secured a contract valued at US$25.85 million from a South East Asian company to build one (1) Semi-Submersible Barge.

» Churchill Appeals Court Decision on Mining Permit Dispute

Theindonesiatoday.com - Churchill Mining Plc has filed a notice of appeal to the Supreme Court of Indonesia following the negative decision made by the Administrative High Court of Jakarta.

» Babel Starts Campaign for Governor Election

JAKARTA, Indonesia Today - Bangka Belitung (Babel) province starts campaign for governor election today and will last in February 19, 2012. The voting is scheduled for February 23, 2012.

» Surya Internusa H1 Profit Soars 442%

Theindonesiatoday.com - Property developer PT Surya Semesta Internusa Tbk (SSIA) posted net profit of Rp150.59 billion in the first half (H1) of 2011, soared 442% from Rp27.78 billion in the corresponding period of last year.

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