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Oil Stays Below $92, Coal Shares Lost Steam

Oil Stays Below $92, Coal Shares Lost Steam 

JAKARTA, Indonesia Today - Coal-related shares retreated in the region this morning, after substantial rebound on Tuesday, as Nymex crude…

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CPO Slips, Dragging Down Plantation Shares

CPO Slips, Dragging Down Plantation Shares 

JAKARTA, Indonesia Today - Plantation shares slip again in the region this morning to tracking the downfall of crude palm…

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Banyu Urip Field Starts Oil Production in May 2014

Banyu Urip Field Starts Oil Production in May 2014 

JAKARTA, Indonesia Today - The Upstream Oil and Gas Regulatory Body (BPMIGAS) is confident that Banyu Urip project in the…

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ENRG's Tonga Block Commences Oil Production

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…

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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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Latest News

Royal Oak Seeking Rp500 Billion Loan

JAKARTA, Indonesia Today - PT Royal Oak Development Asia Tbk (RODA) is now seeking bank loan amounting Rp500 billion for ...

Property | Wednesday, 23 May 2012

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Bank Papua Q1 Profit Rp101.79 Billion

JAKARTA, Indonesia Today - PT Bank Pembangunan Daerah Papua (Bank Papua) booked profit after tax of Rp101.79 billion in the ...

Banking | Wednesday, 23 May 2012

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Naga Selatan-1 Drilling Reaches 84% Total Depth

MELBOURNE, Indonesia Today - Cue Energy Resources Ltd says the drilling in the Naga Selatan-1, East Kalimantan well has reached 84...

Energy | Wednesday, 23 May 2012

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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 ...

Stocks | 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 ...

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 have burnt down three unit trucks of State plantation company PT Perkebunan Nusantara ...

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 ...

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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Sukhoi’s Victims Evacuation to Complete Today

Sukhoi’s Victims Evacuation to Complete Today

JAKARTAm, Indonesia Today - The evacuation of victims of the crashed Sukhoi Superjet 100 is scheduled to be completed today…

Detail

Remembering Trisakti Tragedy

Remembering Trisakti Tragedy

JAKARTA, Indonesia Today - Thousands of students from University of Trisakti flocked at the famous HI Circle in Jakarta today…

Detail

Evacuation Team Almost Reaches Crashed Sukhoi Area

Evacuation Team Almost Reaches Crashed Sukhoi Area

JAKARTA, Indonesia Today - The evacuation team, consisting of national military, police corps and volunteers including local people, reportedly almost…

Detail

Rough Terrain Hampers Sukhoi’s Victim Evacuation

Rough Terrain Hampers Sukhoi’s Victim Evacuation

JAKARTA, Indonesia Today - National Search and Rescue Agency (Basarnas) claims the evacuation of Sukhoi Superjet100’s victims would be not…

Detail

Health Minister Endang Rahayu Passes Away

JAKARTA, Indonesia Today - Endang Rahayu Sedyaningsih, Health Minister, passes away in Kencana Cipto Mangunkusumo Hospital (RSCM), Wednesday (May 2).

Detail


Latest News:

People

BIMA, Indonesia Today - Thousand of protesters in Bima, West Nusa Tenggara, went havoc and burned Bima Regent’s Office down as they urge the regent to revoke license of Arc Exploration Ltd’s subsidiary, PT Sumber Mineral Nusantara. _

Quoting reports from local media Sumbawanews.com, the protesters had on Thursday (26/1) not only demolished the regent’s office but also took down the Bima Election Committee‘s Office and burned it down.

The incident follows a clash between protesters and police officers in December 2011 demanding Regent Fery Zulkarnaen to revoke SMN’s mining license. The clash resulted in two casualties and the regent has halted SMN’s mining license for a year.

The day before, Member of Commission III of the House, Aboe Bakar Al Habsy, said legislators have arrived in Lombok International Airport to visit Bima.

The politician from Justice & Prosperous Party assessed the Bima case was a major violence on human rights and urged the National Police to work up the case as soon as possible. (bintang@theindonesiatoday.com)



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» Lukman Mahfoedz Named Medco CEO, Cyril Replaced as CFO

Theindonesiatoday.com - Shareholders of oil and gas firm PT Medco Energi International (MEDC) Tbk have appointed Lukman Mahfoedz as new CEO to replace Darmoyo Doyoatmojo. 

» Kutai West CBM Core Well Spuds

Theindonesiatoday.com - The first coalbed methane exploration core well in the Kutai West Coalbed Methane block, located in East Kalimantan, Indonesia, was spud on December 12, 2011.

» IDX and Regional Open Higher

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.79% at 3,665.75 this morning following gains in regional markets.

» Adira to Pay Dividend Rp791.5 Billion

JAKARTA, Indonesia Today - PT Adira Dinamika Multi Finance Tbk (ADMF), a subsidiary of PT Bank Danamon Indonesia Tbk (BDMN), will pay dividend of Rp791.5 billion, or Rp791.5 per share, for 2011 fiscal year.

» Nursalim's Tuan Sing Posts 23% Profit Growth

SINGAPORE, Indonesia Today - Tuan Sing Holdings Ltd, SGX-listed company controlled by the family of Sjamsul Nursalim, posted net profit of S$6.8 million in the first quarter of 2012, an increase of 23% from the same period last year.

» Kambuna Gas Field Output Expected to Grow 25%

LONDON, Indonesia Today - Kambuna gas field in the offshore North Sumatra is expected to produce 20 MMSCFD for the remaining of the year.

» Danamon Loans Rp500 Billion to Yamaha Indonesia

JAKARTA, Indonesia Today - PT Bank Danamon Indonesia Tbk (BDMN) today (April 18) signs a cooperation agreement with PT Yamaha Indonesia Motor Manufacturing to provide working capital loan to Yamaha dealers. 

» Barito H1 Profit Jumps Threefold

Theindonesiatoday.com - PT Barito Pacific (BRPT) Tbk, parent company of PT Chandra Asri Petrochemical Tbk (TPIA), posted net profit of Rp290.84 billion in the first half of 2011, surged 350% from Rp64.69 billion in the same period of last year.

» Petrosea Demands US$28 Million Payment from Ilthabi

Theindonesiatoday.com - Mining contractor PT Petrosea (PTRO) Tbk, a subsidiary of Indika Energy (INDY), demands a payment of US$28 million from Ilthabi Bara Utama regarding the mining contract for Pakar Coal project currently controlled by Bayan...

» Freeport to Resume Operation at Mimika Tomorrow

TIMIKA, Indonesia Today - PT Freeport Indonesia will resume operation at Mimika's working area, Papua tomorrow (March 12) after building joint commitment with employees, chairman of workers union and local people for a conducive working...

» Palace: Antasari Case Is Not Related to 2009 Presidential Election Dispute

Theindonesiatoday.com - The State Palace appeals to media not establishing any connection between the case of Antasari Azhar, former chairman of the Corruption Eradication Commission (KPK), and investigation of IT scandal at the General Election...

» Smart Telecom Sues CBOSS, Seeks $16 Million Compensation

Theindonesiatoday.com - PT Smart Telecom has filed a default lawsuit to the Central Jakarta District Court against CBOSS Middle East FZ, UAE-based software company, and demands US$16 million of compensation.

» IDX Gains 1.51% Midday on Rating Upgrade

Theindonesiatoday.com - Composite index of the Indonesian Stock Exchange (IDX) gained 1.51% at 3,757.62 at morning close, with rating upgrade prompting the buying sentiment in local stocks.

» Duta Pertiwi Posts 28% Profit Growth in 2011

JAKARTA, Indonesia Today - Property developer PT Duta Pertiwi Tbk (DUTI) booked net profit of Rp422.41 billion, grew 28% Rp330.33 billion in 2010.

» KPK Arrests Jakarta Judge for Bribery

Theindonesiatoday.com - The Corruption Eradication Commission (KPK) has arrested a judge at Central Jakarta District Court for bribery allegation. KPK also seized Rp250 million and a Pajero SUV car.

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