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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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Royal Oak Seeking Rp500 Billion Loan

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…

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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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Latest News

Samudera Indonesia Proposes Rp292 Billion Debt Extension

  JAKARTA, Indonesia Today - PT Samudera Indonesia Tbk (SMDR) proposes to extend the payment of debt totaling Rp292.05 billion, Bisnis Ind...

Transportation | 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

SINGAPORE, Indonesia - Jose Luiz Glaser, former executive of agriculture giant Cargill, has been appointed chief executive officer of Noble Agri Limited, the parent company of Noble Group's agriculture business.

Noble told Singapore Exchange (SGX) this morning that Glaser will be responsible for all of Noble's agriculture business. Mr Glaser worked at Cargill for 27 years with his last role being General Manager Grains and Oilseeds Supply Chain.

Another former Cargill executive Ernesto Leon-Gambetta, meanwhile, has been appointed as deputy CEO of Noble Agri Limited. Jacques Gillaux has also been appointed deputy CEO for grains and oilseeds. Like Jose and Ernesto, Jacques also held various positions at Cargill.

Noble manages a diversified portfolio of essential raw materials, integrating the sourcing, marketing, processing, financing and transportation.  Noble owns and manages an array of strategic assets, sourcing from low cost producers such as Brazil, Argentina, Australia and Indonesia and supplying to high growth demand markets including China, India and the Middle East. (Indonesia Today)



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» Drilling of Muara Makapan-2 Pushed Back to Q1/2012

Theindonesiatoday.com - Continental Energy Corporation has finally completed 3D seismic acquisition and processing operations on its Bengara-II Block, Indonesia. 

» Sharp & Rubber Bullets Found in BSMI Plantation

Theindonesiatoday.com - Hundreds of sharp shells and rubber bullets found strewn around the scene of a clash between residents of Tanjung Raya, Mesuji, Lampung province and security officers at PT Barat Selatan Makmur Investindo (BSMI).

» FIF Plans Rp10 Trillion Bonds

Theindonesiatoday.com - Motorcycle financing company PT Federal International Finance (FIF), a subsidiary of Astra International, plans to issue bonds worth Rp10 trillion within 2 years.

» Week-19 on IDX: Foreign Investors' Net Sell US$200 Million

JAKARTA, Indonesia Today - Foreign investors sold a net of Rp1.81 trillion or about US$200 million worth of Indonesia stocks for the week ended May 11.

» Flood Hits Jakarta, Six Pair Governor Candidates Ready to Enter the Race

JAKARTA, Indonesia Today – Flood hits several locations in Jakarta on Tuesday (April 3) after heavy rain last night, which finally causing more terrible traffic jam around the city.

» CBM Asia Raises $4.23 Million for Indonesian CBM Projects

VANCOUVER, Indonesia Today - CBM Asia Development Corp. has raised US$4.23 million from a non-brokered private placement of some shares to finance its projects in Indonesia.

» Agung Podomoro Expects 127% Profit Growth in 2011

Theindonesiatoday.com - Property giant PT Agung Podomoro Land Tbk (APLN) expects to book net profit of Rp550 billion in 2011, surged 127% from Rp241.88 billion in previous year, Investor Daily reported this morning.

» Pelindo II Posts 33% Profit Growth in 2010

Theindonesiatoday.com - State port company PT Pelabuhan Indonesia (Pelindo) II booked net profit of Rp1.26 trillion in 2010, grew 33% from Rp945 billion in 2009.

» Three Banks Intend to Provide HK$2.4 Billion Financing to Huanglong CBM

Theindonesiatoday.com - Three local banks in Zhengzhou Municipal, Henan province, have granted letters of intent to provide bank loans of up to HK$2.4 billion to Henan Huanglong New Energy Development Company Ltd.

» Serasi Autoraya Upsizes Bonds Issue to Rp900 Billion

Theindonesiatoday.com - Car leasing company PT Serasi Autoraya, member of Astra Group, announces on prospectus today it has upsized bonds issuance to Rp900 billion from previous plan Rp800 billion.

» Manulife Completes $550 Million Debt Issuance

Theindonesiatoday.com - The Manufacturers Life Insurance Company (MLI), the Canadian insurance company subsidiary of Manulife Financial Corporation, has completed the issuance of $550 million aggregate principal amount of subordinated debentures. 

» Toba Bara Sejahtera to Launch IPO Next Year

Theindonesiatoday.com - Coal producer PT Toba Sejahtera plans to launch the initial public offering (IPO) of its unit PT Toba Bara Sejahtera in the second quarter of 2012, Bisnis Indonesia reported this morning.

» Bakrie to Restructure/Repay US$1.34 Billion Debts

Theindonesiatoday.com - PT Bakrie & Brothers (BNBR) Tbk and Long Haul Holdings Ltd are currently in discussions with a view to restructuring and or repaying the US$1.345 billion loans.

» Demokrat Reports Nazaruddin to Police for Defamation

Theindonesiatoday.com - Anas Urbaningrum, chairman of Demokrat Party, has filed a report to the police against former treasurer and close friend Muhammad Nazaruddin for defamation.

» Shell Acquires 30% Masela Block from INPEX

Theindonesiatoday.com - INPEX Masela, Ltd. has signed an agreement with Shell Upstream Overseas Services (I) Limited, a subsidiary of Royal Dutch Shell plc, to transfer a 30% participating interest in the Masela Block, the Arafura Sea, Indonesia...

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