Joomla Templates and Joomla Extensions by JoomlaVision.Com
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…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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),…

Readmore

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%…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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%…

Readmore

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…

Readmore

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)…

Readmore

Pre 1 2 3 4 Next

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more
Latest News:

Law

The national police detectives have questioned Deny Adriaz, vice president finance PT Bumi Resources (BUMI) Tbk, as witness in connection with alleged bribery involving former tax officer Gayus Tambunan. 

Yovianes Mahar, a director at the National Police Criminal Investigation Unit, said Deny was quizzed to verify Gayus' earlier confession to investigators that he received payments amounting to US$500,000 from BUMI, the same amount from Kaltim Prima Coal, a subsidiary of BUMI, and US$2 million jointly from KPC and Arutmin (also a subsidiary of BUMI) to help the companies in various tax disputes with Tax Office.

"We found no sufficient evidence of a link with the case yet," Yovianes said as quoted by Kompas.com

In the meantime, Media Indonesia reported that Gayus confessed to detectives that he received money from Deni Adrian (Deny Adriaz) twice. The first was US$3 million to help KPC's tax in the financial year of 2001-2004 and US$2 million for financial year of 2005-2006.

Gayus' superior MPM reportedly received US$1.5 million, according to the minutes of examination dated April 3rd, 2010. Gayus himself got US$500,000, while two brokers identified as AL and ICM received US$500,000 each.


More articles :

» Real Estate Boosts Metland's Profit in 2011

JAKARTA, Indonesia Today - Property developer PT Metropolitan Land Tbk (MTLA), popular as Metland, booked net profit of Rp156.61 billion in 2011, surged 126% from Rp69.05 billion in 2010.

» Moody's Downgrades Greece to Ca from Caa1

Theindonesiatoday.com - Moody's Investors Service has today downgraded Greece's local- and foreign-currency bond ratings to Ca from Caa1 and has assigned a developing outlook to the ratings.

» Foreign Investors' Net Buy Rp2.1 Trillion

Theindonesiatoday.com - Foreign investors booked net buy of Indonesian stocks worth Rp2.1 trillion for the week ended December 9th.

» Krakatau Steel Reports Lower Profit due to Higher Cost

JAKARTA, Indonesia Today - State-owned steelmaker PT Krakatau Steel Tbk (KRAS) booked net profit of Rp1.02 trillion in 2011, declined 3.6% from Rp1.06 trillion in 2010.

» Fitch Upgrades Tugu Pratama Rating to AA-(idn)

Theindonesiatoday.com - Fitch Ratings has upgraded PT Tugu Pratama Indonesia's National Insurer Financial Strength (IFS) rating to 'AA-(idn)' from 'A+(idn)'. The outlook is stable.

» Otto Marine Suffers $9.0 Million Loss in Q1

SINGAPORE, Indonesia Today - SGX-listed Otto Marine Limited reported net loss of US$9.0 million in the first quarter (Q1) of 2012 on revenue of US$119.8 million.

» KPK to Examine Nazaruddin's Wife in Solar Power Bribery Case

Theindonesiatoday.com - The Corruption Eradication Commission (KPK) has slowly revealed another bribery case related to former treasurer of President SBY's Demokrat Party, Vivanews.com reported. 

» BYD Company to Invest US$200 Million in Indonesia

Theindonesiatoday.com - China-based car builder Build Your Dream Company Ltd (BYD) plans to invest around US$200 million, or Rp1.71 trillion, in Indonesia, Investor Daily reported this morning.

» BTPN Profit Jumps 66% in Nine Months

Theindonesiatoday.com - Bank Tabungan Pensiunan Nasional (BTPN), controlled by TPG Capital and Northstar Pacific, booked net profit of Rp958.7 billion in the first nine months of 2011, representing a 66% jump over the same period last year.

» Nazaruddin, Wife A No-Show for KPK Questioning

Theindonesiatoday.com - Former treasurer of Demokrat Party Muhammad Nazaruddin and his wife Neneng Sri Wahyuni didn't show up at the Corruption Eradication Commission (KPK) today.

» IDX Drops 1.2%, Rupiah Touches Rp9,000

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) dropped 1.2% to 3,710.42 at the opening trade following negative sentiment in regional and global markets.

» Astra to Pay Final Dividend of Rp4.57 Trillion

Theindonesiatoday.com - PT Astra International Tbk (ASII), the nation's largest auto retailer, will pay final dividend of Rp4.57 trillion, or Rp1,130 per share, for 2010 profit.

» ATPK Unit to Start Coal Production Next Year

Theindonesiatoday.com - PT Sarana Mandiri Utama (SMU), a subsidiary of ATPK Resources, plans to kick off coal production of 50,000 tons per month early next year.

» 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 Indonesia reported.

» Adhi Karya Plans Bond and Rights Issue

JAKARTA, Indonesia Today - State EPC company PT Adhi Karya Tbk (ADHI) plans to issue bonds worth Rp1 trillion in the second quarter of 2012, Investor Daily reported this morning.

 

Indonesia | Indonesia Today | Indonesia News | Indonesia Latest News | Indonesia Breaking News | Indonesia Finance | Finance Indonesia | Politic | News | Latest News | Stock | Stocks | Bank | Banking | Bank Mandiri | Bank Syariah Mandiri | Business | Macro | Headline | Bonds | Insurance | Photo | Law | Corruption | Dispute | Regulation | Coal | Mining | Energy | Pertamina | Geothermal | Gold | Copper | Freeport Indonesia | IPO | Profit | President SBY | Hatta Rajasa | Citibank Indonesia | Nunun Nurbaeti | Churchill Mining | Elnusa | Bakrie Brothers | President SBY | Ani Yudhoyono | United Tractors | Mining News | Energy News | Indonesia Stock Exchange | IDX | Bisnis Indonesia | Anas Urbaningrum | CIMB Niaga | Abraham Samad | Golden Peaks Resources | Miranda  Goeltom | Wijaya Karya | Wika | Tiphone | Southern Arc Minerals | Moody Investors Services | Indonesia Coal | Garuda Indonesia | Dian Swastatika Sentosa | Muhammad Nazaruddin | Nazaruddin | BPMigas | Arc Exploration | Indofood Sukses Makmur | Indomobil | Dahlan Iskan | Bakrieland Developer | Astra Agro Lestari | Chevron Indonesia | Kalbe Farma | Tiger Airways | Mandala Airlines | Smartfren Telecom | Royal Oak Development | Geely Automobile | Gudang Garam | HM Sampoerna | Djarum Black | Pakuwon Jati | Bank Bukopin | Semen Gresik | Komatsu Sales | Bank Indonesia | Wilmar International | Indomobil Finance Indonesia | Ciputra Property Development | Harum Energy | Jero Wacik | Agung Podomoro Land | Agus Martowardojo | Jumairah Group | Berlian Laju Tanker | Forbes Indonesia | Indonesia Forbes Magazine | BlackEyedPeas | Increase Alexa Ranking | Alexa Rank | Search Engine Optimize | SEO | Increase Google Page Rank | Dian Sastrowardoyo | Agnes Monica | Nozomi Sasaki | Moko Girls | Moko Top Girls | Photo Moko Top Girls | Dewi Persik | Moko.cc