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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

OCBC NISP to Acquire Multifinance Company

  JAKARTA, Indonesia Today - PT Bank OCBC NISP Tbk (NISP) plans to acquire multifinance company, focusing on heavy equipment or aut...

Banking | Wednesday, 23 May 2012

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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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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

Theindonesiatoday.com - Nokia Corporation's market share in Asia Pacific declined last year as a result of market share losses in several markets, including Indonesia. 

Nokia Corporation reported net sales of 42.4 billion euro last year, increased 4% from 2009. Asia Pacific contributed 21% of Nokia's net sales last year, while Greater China accounted to 18% (increased from 16% in 2009).

Nokia said in its interim report to shareholders that it losses market share in India, SINGAPORE, Vietnam, and some other countries, but was partly offset by market share increases, for example, in Australia, Thailand, and Philippines.

Indonesia was still in the Top 10 markets (ranked 10) of Nokia last year, but declined substantially from rank 7 in 2009. China and India remained the first and second largest market for Nokia. Brazil jumped from 9th to 6th largest, while UK dropped from 3rd to seventh. (Theindonesiatoday.com) 


More articles :

» 7 Contractors Inks Oil Spill Agreement with Wintermar-Slickbar

Theindonesiatoday.com - Around seven joint operating contractors (KKKS) – East Java Chapters inked Offshore Oil Spill Response Services (OOSRS) agreement with consortium PT Wintermar & PT Slickbar Indonesia in order to prepare possibilities...

» IDX Ends Up, Deflation and Regional Support

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) ended up 0.78% (29.68 points) at 3,849.30 with April deflation helped boost sentiment. Regional market also gained as the report of Osama bin Laden’s death spurred...

» May Day Marked with Rallies, Sweeping, and SBY Picture Burning

Indonesia Today - This year's May Day is celebrated by the labors in various actions from Medan to Papua such as staging a rally and burning pictures of President SBY. Most of the workers demand better welfare.

» First Reserve Invests US$800 Million in Glencore Shares

Theindonesiatoday.com - First Reserve International plans to sell US$800 million of Glencore Finance (Europe) SA Guaranteed Convertible Bonds due 2014 to invest the net proceeds in Glencore ordinary shares.

» Asian Stocks Deeper in the Red

Theindonesiatoday.com - Asian stocks are falling deeper into the red zone this afternoon with KOSPI composite index collapsed 2%, while Hang Seng lost 1.86%.

» Indonesia to Implement Reciprocity Principle in Banking Sector

Theindonesiatoday.com - Bank Indonesia is ready to implement reciprocity principle on foreign banks operating in Indonesia as Indonesian banks found difficulties to expand their operations in other countries.

» AGO Conducts Lab Test on Chevron's Bioremediation Project

JAKARTA, Indonesia Today - Investigation of corruption allegation in the bioremediation project managed by PT Chevron Pacific Indonesia, continues as Attorney General's Office (AGO) conducts laboratory test on the soil sample from the project.

» Contracts of Three Oil, Gas Blocks Terminated

Theindonesiatoday.com - Indonesian government has terminated production sharing contracts (PSCs) for three oil and gas blocks as contractors failed to find significant reserves.

» Long Holidays Save Indonesian Stock Market

JAKARTA, Indonesia Today - Long week-end holidays saved Indonesian stock market as other markets in the region were drowning from negative sentiment in the Wall Street.

» Govt to Import 500,000 Tons of Salt

JAKARTA, Indonesia Today - The Indonesian government will import 500,000 tons of salt to cover local consumption ahead of salt harvest feast by mid of August, 2012, Kontan.co.id reported.

» Papua Leader to Sue Government in International Court

JAYAPURA – Forkorus Yoboisembut, treason convict and claimed as president of the transition government of Federation Republic of West Papua  (RFPB), plans to sue Indonesian government to the International Court of Justice against the verdict from...

» 'Sandy Uno' Claims He Got Offers to be Minister of Finance & BKPM Head

Theindonesiatoday.com - Businessman Sandiaga Salahuddin Uno reportedly claimed in his Facebook account that he has been officially offered to join the cabinet as minister of finance and head of Investment Coordinating Board (BKPM). Sandiaga,...

» Panax Focuses on Capital Raising for Indonesian Geothermal Projects

Theindonesiatoday.com - Panax Geothermal Ltd focuses on ensuring access to equity capital and or joint venture and project funding to develop its geothermal portfolios, including those in Indonesia.

» PTPN II to Issue Rp500 Billion MTN

JAKARTA, Indonesia Today - State plantation company PT Perkebunan Nusantara (PTPN) II plans to issue medium term notes (MTN) worth Rp500 billion for funding this year's capital expenditure (capex), Bisnis.com reported.

» KPK Investigates Flows of Funds to Minister Muhaimin

Theindonesiatoday.com - The Corruption Eradication Commission (KPK) investigates flow of funds from graft to Muhaimin Iskandar, minister of manpower and transmigration.

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