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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

BSM Q1 Profit Jumps 42.87%

  JAKARTA, Indonesia Today - PT Bank Syariah Mandiri (BSM) posted net profit of Rp192.72 billion in the first quarter (Q1) of ...

Banking | Wednesday, 23 May 2012

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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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Latest News:

People Photo

166 Died of Accidents during Mudik

Theindonesiatoday.com - National police recorded 166 people died from traffic accidents during this year's travel to celebrate Idul Fitri in their hometowns, known as mudik.

Bambang S Ervan, head of public communication at ministry of transportation, said police reported 369 travelers are heavily injured, while about 746 people got light injuries seven days before Idul Fitri until Saturday (August 27).

Most of the victims were those traveling with motorcycles, Detik.com reported.

Reports from across Java showed heavy congestion at the main highways along the northern coast of Java Friday and Saturday as most travelers were bound eastward.

Those traveling to Central Java and East Java through southern route (Bandung-Tasikmalaya in West Java) found heavy congestion in Nagreg area, despite the operation of new outer ring road built with Rp338 billion in the area.

Those traveling home to Sumatra through Merak seaport were confronted with more than 12 hours of congestion in Merak toll road. Marga Mandala Sakti, operator of the JAKARTA-Merak toll road, reported exits of 81,455 cars per day bound for Bakauheni port in Lampung on roll-on-roll-off (RORO) ferries operated by PT ASDP. (Theindonesiatoday.com)

 


More articles :

» Regional Market Tracks Wall Street's Fall

Theindonesiatoday.com - Asian stock markets opened mostly lower this morning to tracking substantial correction in the Wall Street last night.

» Onamba Attacks Judge Imas

Theindonesiatoday.com - Lawyer of Odi Juanda, administration manager of PT Onamba Indonesia, a unit of Japanese company Onamba, considers Odi and Onamba victims of blackmail by judge Imas.

» Sumalindo Secures Rp10 Billion Loan from Genuine Capital

Theindonesiatoday.com - PT Sumalindo Lestari Jaya Tbk (SULI) has inked an agreement with Genuine Capital Ltd on 26 July 2011 for Rp10 billion of loan.

» WOM Finance Profit Crashed 96%

JAKARTA, Indonesia Today - Consumer financing firm, PT Wahana Ottomitra Multiartha Tbk (WOMF), subsidiary of Bank International Indonesia, reported net profit of Rp5.39 billion last year, crashed 96% from 2010 due to higher provision for...

» Bayan's Affiliate to Operate PLTU Balikpapan Next Year

Theindonesiatoday.com - PT Kariangau Power, an affiliated company of PT Bayan Resources Tbk (BYAN), expects to welcome its 2x15MW Balikpapan Steam Power Plant (PLTU) by 2013.

» Papua Oil Uplifting Boosts Interra's Revenue

Theindonesiatoday.com - Frequent oil uplifting on the Linda Sele TAC, West Papua as well as stable high oil price has increased Interra Resources Ltd’s revenue by 15% to US$6.91 million in the third quarter of 2011.

» Prosperity Receives Results of Kuini Rock Sampling

Theindonesiatoday.com - Prosperity Resources Ltd has received and compiled the results from rock chip sampling of exposed magnetite skarn outcrop in the pit area at the Kuini Prospect in southern Aceh.

» Garuda Signed Purchase Agreement for 25 Airbus A-320

Theindonesiatoday.com - Garuda Indonesia (GIAA) had on August 2nd signed the purchase agreement for 25 new A320 Family aircrafts with Airbus S.A.S.

» Naga Selatan-1 Well Drilling Reaches 42% for Completion

MELBOURNE, Indonesia Today - Drilling in Naga Selatan-1 well on Mahakam Hilir PSC has reached 42% completion, Cue Energy Resources Ltd confirms.

» Feels Sick Again, Nunun Examination Resumed

Theindonesiatoday.com - The Corruption Eradication Commission (KPK) is scheduled to resume examination of Nunun Nurbaeti, graft suspect in the election of senior deputy governor of Bank Indonesia in 2004, Tuesday (Dec 27).

» Stanchart Provides US$30 Million Facility to Buana Finance

Theindonesiatoday.com - Standard Chartered Bank Indonesia has provided US$30 million secured term-loan facility to PT Buana Finance (BBLD) Tbk. 

» KPK to Work on Forensic Audit of Century Bailout

Theindonesiatoday.com - The Corruption Eradication Commission (KPK) will start to study forensic audit report submitted by the Supreme Audit Agency (BPK) on the Rp6.7 trillion bailout of Bank Century. Busyro Muqoddas, KPK Deputy, stated that the...

» Medco Sets $1.17 Billion Expenditure Next Year

Theindonesiatoday.com - Energy company PT Medco Energi Internasional (MEDC) Tbk sets expenditure of US$1.17 billion for exploration and development next year.

» Miners & Banks Drag IDX Down 4.5%

Theindonesiatoday.com - Selling pressures on energy stocks dragged down composite index of Indonesia Stock Exchange (IDX) by 4.5% this morning.

» CPO Contracts Decline, Plantation Stocks Gain

Theindonesiatoday.com - The prices of CPO futures fell further but remain stood at the level of RM3,000's per ton. For the benchmark September contract was settled at RM3,023 per ton, declined RM17 from the previous closing.

 

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