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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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People

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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 - Teluk Wondama Regent, Albert Torey, was arrested at his home in West Manokwari District, West Papua Province. Albert was caught when consuming methamphetamine with his wife.

Vivanews.com reported Manokwari district police arrested Albert with his second wife, Viviani, and grabbing evidence of two small packages of methamphetamine with net weight of 0.89 grams, three bongs, aluminium foil, and cigarette lighters.

Police officer Wachyono said Albert has long become target of police operations on drugs. Albert and Viviani might be charged with Law No 35 Article 35 on Narcotics and Article 112 paragraph 1 with maximum sentence of 20 years prison.

In addition to using methamphetamine, Albert Torey is also suspected of embezzling State funds when he was in office. Anti-corruption NGO KAMPAK Jayapura branch had earlier accused Torey of embezzling local administration's budget.

"I have a lot of evidences of Torey using methamphetamine. There is a suspicion on his corruption too," said Dorus Wakum, KAMPAK coordinator, as quoted by Media Indonesia recently. (Theindonesiatoday.com)


More articles :

» Nunun Gets 2.5 Years in Prison on Miranda's Election Graft Case

JAKARTA, Indonesia Today - Nunun Nurabeti, suspect in bribery case of the election of Bank Indonesia Senior Deputy Government in 2004, has been sentenced 2.5 years in prison as Jakarta Corruption Court found her guilty in the case.

» Toyota Again to Increase Capacity

Theindonesiatoday.com - Toyota Motor Corp plans to again increase its production capacity to 130,000 units per year along with the growing automotive market in the country, Bisnis Indonesia reported this morning.

» Bank Pundi Downsizes Rights Issue

Theindonesiatoday.com - PT Bank Pundi Indonesia Tbk (BAEK), formerly Bank Eksekutif, announces on prospectus today it has downsized its rights issue to 4.98 billion new shares from previous plan 5 billion.

» Chandra Asri Expands Cracker & PE

Theindonesiatoday.com - PT Chandra Asri Petrochemical (TPIA) Tbk plans to expand its olefin cracker and polyethylene facility with additional investment of around US$420 million.

» Venezuela Wins Miss World 2011, Indonesia's Astrid Joins Top 15

Theindonesiatoday.com - Ivian Lunasol Sarcos Colmenares from Venezuela wins Miss World 2011 held in London few hours ago.

» Bumi Reports 21% Drop in Coal Production

Theindonesiatoday.com - Dileep Srivastava, Director of Bakrie-controlled PT Bumi Resources Tbk (BUMI), claimed the company had produced 17 million tons of coal in the third quarter of 2011, a 20.6% drop compared to the same period of last year.

» Another Mysterious Shooting in Freeport Killed Three Workers

Theindonesiatoday.com - Mysterious shooter has killed three workers and injured the other two in the area of PT Freeport Indonesia, Mimika, Papua.

» Southern Arc Identifies Porphyry Exploration Targets in Lombok

VANCOUVER, Indonesia Today - Southern Arc Minerals identifies 17 new porphyry exploration targets from a prospectivity study for porphyry exploration targets on its West Lombok project, West Nusa Tenggara.

» Glencore Acquires CST Resources for US$475 M

Theindonesiatoday.com - Mining giant Glencore International AG has agreed to acquire CST Resources, a wholly-owned subsidiary of CST Mining Group Ltd, for US$475 million.

» Pertamina Signs Two New CBM Blocks

Theindonesiatoday.com - PT Pertamina Hulu Energi (PHE), subsidiary of state company PT Pertamina, has today officially signed two non-conventional Coal Bed Methane (CBM) blocks in Suban, Sumatera Selatan.

» Newcastle Coal Shipment Increases 4.3%

Theindonesiatoday.com - Newcastle Port Corporation reports its coal shipment inched up 4.3% to 2.43 million tons in the week ended 4 July 2011 compared to the previous week.

» Hartindo's Sanindo Mulls IPO

Theindonesiatoday.com - Hartindo Group plans to offer stake in its unit PT Sanindo Perkasa Abadi to public via the initial public offering (IPO), Investor Daily reported this morning.

» SembCorp Expects Gas Flow from West Natuna in Q4

Theindonesiatoday.com - SembCorp Industries Ltd, Singapore expects the second tranche of gas from West Natuna will start to flow in the fourth quarter this year.

» Bank Ekonomi Q1 Profit Slashed 49%, Asset Drops 11%

Theindonesiatoday.com - Bank Ekonomi booked net profit of Rp59 billion in the first quarter of 2011, slashed 49% from the same period last year. Its assets, meanwhile, declined 11% to Rp21 trillion.

» BCA's Farindo H1 Profit Grows 26%

Theindonesiatoday.com - Farindo Investments (Mauritius) Limited & Subsidiaries, holds 47.15% stake in PT Bank Central Asia Tbk (BBCA), posted net profit of US$548.66 million in the first half (H1) ending June of 2011, grew 26% from US$434.84 million.

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