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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:

Law

Theindonesiatoday.com - The Corruption Eradication Commission (KPK) has named Wafid Muharam, secretary to the ministry of sports and youth affairs, corruption suspect in relation to the development of SEA Games facilities in Palembang, South Sumatra.

"He has been named suspect," said M Jasin to Detik.com today.

Jasin said KPK has 24 hours to detain the suspect. KPK has yet to name other suspects in the case. "We're focusing on the arrested suspect," Jasin said.

KPK had earlier caught Wafid Muharam and two people (MIU a businessman and R a broker) in the bribery scandal. Wafid reportedly received cheque of Rp2 billion from MIU.

The project at stake is construction of Wisma Atlet in Palembang, nearby the Jakabaring Sport City. The building would accommodate about 4,000 athletes with construction handled by PT Duta Graha Indah (DGIN) Tbk. (Theindonesiatoday.com) 


More articles :

» Lonking Prices US$350 Million Senior Notes

Theindonesiatoday.com - Lonking Holdings Limited has entered into purchase agreement with Credit Suisse and Standard Chartered Bank in connection with the issue of US$350 million 8.5% senior notes due 2016.

» Askrindo's Loss Widens on Increased Claim

Theindonesiatoday.com - State insurance PT Asuransi Kredit Indonesia posted loss after tax of Rp191.21 billion in 2010, widened from loss Rp101.08 billion in previous year.

» Geely H1 Profit Grows 17%

Theindonesiatoday.com - Geely Automobile Holdings Limited booked net profit of RMB937 million in the first half of 2011, representing an increase of 17% over the same period in 2010.

» Matahari Putra Q1 Profit Slashed 50% on Squeezed Margin

Theindonesiatoday.com - PT Matahari Putra Prima (MPPA) Tbk, a company controlled by Lippo Group, reported net profit of Rp22.49 billion in the first quarter of 2011, slashed 50% from the same period last year on squeezed margin. 

» IDX Opens Up, Most Regional Gains

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened up 0.96% at 3,978.43 this morning while most regional markets also gained. Dow Jones of Wall Street gained 0.74% and Nasdaq surged 1.36% last night following...

» Oil Price Declined, Energy Stock Mixed

Theindonesiatoday.com - Energy commodities prices slipped. The futures price of Crude oil in Nymex was at USD 113.16 per bbl, down 0.77 points, and the Natural Gas was down 0.01 points to USD 4.69 per MMBtu. Heating Oil and Gasoline were settled...

» Indonesia's Economy Grows 6.5% in Second Quarter

Theindonesiatoday.com - The Statistic Central Agency (BPS) today announced the Indonesia economy grew 6.5% in the second quarter of 2011, compared to the same period of last year, supported by the growth of all sectors, mainly household...

» National Commercial Banks Post 25.1% Loan Growth in Q1

JAKARTA, Indonesia Today - National commercial banks disbursed total loan of Rp2,282 trillion in the first quarter ended March, 2012, grew 25.1% from Rp1,824 trillion in the corresponding period of 2011.

» IDX Opens Up 1.53%, Profit Taking Hit Regional

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened up 1.53% at 3,677.09 this morning but profit taking hit regional markets, cut their gains in opening.

» PLN Tendering Construction for Timika Steam Power Plant

Theindonesiatoday.com - State utility PT Perusahaan Listrik Negara (PLN) is now tendering Steam Power Plant (PLTU) Timika, Papua with capacity of 2x25MW and cost of Rp1 trillion.

» Regional Markets, Wall Street Drop on Economic Recession Fear

Theindonesiatoday.com - Regional markets opened substantially lower this morning to tracking the steep fall in Wall Street last night. Dow Jones of Wall Street dropped 4.31% while Nasdaq slashed 5.08% last night.

» PLN's Majapahit Holding Finalizes Consent Solicitation for Notes

Theindonesiatoday.com - Majapahit Holding B.V,  a wholly-owned subsidiary of state electricity company PT Perusahaan Listrik Negara (PLN), has final result of solicitation to amend to the issuer’s US$550 Million guarantee notes due 2016.

» Astra Sedaya Posts 21.7% Profit Growth in H1

Theindonesiatoday.com - PT Astra Sedaya Finance booked net profit of Rp303 billion in the first half (H1) of 2011, grew 21.7% from Rp249 billion in the corresponding period of last year.

» Wellard Sends Largest Livestock Shipment to Indonesia

Theindonesiatoday.com - Australian major agriculture and trading group, Wellard Group, is going to export the largest livestock shipping record by exporting over 26,000 cattle to Indonesia.

» Datang Power Slashed 53.7%, Huaneng Tumbles 77%

Theindonesiatoday.com - Datang International Power Generation Co Ltd, one of the largest power companies in China, booked net profit of RMB354 million in the quarter ended September 2011, slashed 53.7% from the same period last year.

 

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