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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 - Kalimantan Gold Corporation installs Faldi Ismail as the new Deputy Chairman and Chief Executive Officer today (April 21) to replace Rahman Connelly in the position.

Joined in September 2009, Ismail has specialized in the restructure and re-capitalization of a wide range of Australian Securities Exchange listed company. According to the press release, Ismail also has been very active in the resources sector over the past years.

He also resides in Australia, becoming a director of several ASX-Listed and other resource companies e.g. Epic Resources Ltd (Chairman), Kintore Resources Ltd (Director), Romfal Sifat Pty Ltd (Controller), Coventry Resources Ltd (Non-Executive Director), Otsana Capital (Director), and Minbos Resources Ltd (Director).

Kalimantan Gold Corp., a company listed in Canada, has a number of work programs e.g. Jelai Gold project and KSK CoW porphyry copper gold project in Kalimantan. The company has partnered with Tigers Realm Minerals Pty Ltd and Freeport McMoRan Exploration Corporation to work up both projects. (bintang@theindonesiatoday.com)


More articles :

» Davomas Shares Sold at 60% Discount in Negotiation Market

Theindonesiatoday.com - Magnus Capital has facilitated transaction of 814 million shares of PT Davomas Abadi (DAVO) Tbk at Rp20 per share or about 60% discount to the last quoted price of the cocoa processor.

» Surya Kertas Export Sales Falls 26%

JAKARTA, Indonesia Today - Export sales of paper manufacturer PT Surabaya Agung Industri Pulp & Kertas (SAIP) Tbk dropped substantially by 26% in the first quarter of 2012, while domestic sales almost flat.

» PLN Reports 16.2% Profit Growth in H1

Theindonesiatoday.com - State electricity company PT Perusahaan Listrik Negara (PLN) booked net profit of Rp9.44 trillion in the first half (H1) of 2011, grew 16.2% from Rp8.12 trillion in the corresponding period of last year.

» Harris Awarded ATC Contracts for Two Indonesian Airports

FLORIDA, Indonesia Today - Harris Corporation, an international communications and information technology company, has been awarded two contracts to modernize the air traffic control systems (ATC) at two regional airports in Indonesia.

» Leo Resources Enters Drilling Services Business

JAKARTA, Indonesia Today - PT Leo Resources, a subsidiary of PT Leo Investments Tbk (ITTG) enters drilling services business by acquiring one onshore rig plus its supporting equipments for US$10.2 million in 2012, while it also will postpone its...

» Adaro Allocates $100 Million for Port Capacity Expansion

Theindonesiatoday.com - Coal miner PT Adaro Energy Tbk (ADRO) plans to increase its coal port capacity to 80 million tons per year from current 55 million tons, Investor Daily reported this morning. The port is located in Kelanis, East Kalimantan.

» 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.

» 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.

» Mayora to Issue Rp750 Billion Bonds & Sukuk

JAKARTA, Indonesia Today - Food processor PT Mayora Indah (MYOR) Tbk plans to issue bonds and sukuk worth Rp750 billion this year to finance its expansion program.

» CPO Drops Further to Below RM3500

KUALA LUMPUR, Indonesia Today - The benchmark July 2012 contracts of crude palm oil (CPO) dropped further by RM22 to RM3475 per ton on Bursa Malaysia Derivaties Monday (April 16).

» Govt Approves Gas Processing Facilities for Kerendan Field

LONDON, Indonesia Today - Salamander Energy claims the gas processing facilities for Kerendan gas field in Kalimantan have received Indonesian government approval and are planned to be constructed ready to deliver first gas during 2013.

» FGB Loans $350 Million to Borneo's Asmin Koalindo

ABU DHABI, Indonesia Today - First Gulf Bank (FGB), through its International Business Division, has signed a $350 million loan for PT Asmin Koalindo Tuhup (AKT), a subsidiary of PT Borneo Lumbung Energi & Mineral Tbk (BORN).

» Pembangunan Jaya Ancol Allocates Rp600 Billion Capex

Theindonesiatoday.com - PT Pembangunan Jaya Ancol Tbk (PJAA) allocates capital expenditure (capex) of Rp600 billion for 2012. The capex will be used for maintenance and funding the construction of middle-class apartment, Investor Daily reported...

» Astra Agro CPO Sales Volume Grows 8.2% in November

Theindonesiatoday.com - Plantation firm PT Astra Agro Lestari Tbk (AALI) sold 119,000 tons of crude palm oil (CPO) in November 2011, grew 8.2% from 110,100 tons in November 2010. The figure declined 1.7% compared to 121,700 tons sold in October 2011.

» Three Investors Subscribe Kaisa's US$300 Million 13.5% Notes

Theindonesiatoday.com - Three investors have agreed to subscribe US$300 million of 13.5% Senior Notes Due 2015 issued by K.

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