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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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Politics:

Politic Headlines

President SBY has reportedly nominated Darmin Nasution as candidate for Bank Indonesia governor which has been left vacant for almost one year. 

Koran Tempo quoted sources close to the State Palace saying President SBY will soon submit the nomination to the House of Representatives (DPR). Darmin, a former director general of taxation at the ministry of finance, is currently acting governor of Bank Indonesia.

Coordinating minister for the economy Hatta Rajasa declined to comment on the nomination. President SBY's spokesperson Julian Aldrin Pasha cannot be contacted for confirmation. 

Darmin was considered one of candidates to replace Sri Mulyani Indrawati as finance minister. But President SBY appointed Agus Martowardojo, former CEO of Bank Mandiri, as the new finance minister. "I think, it's just normal and it's well predicted," said Eva Kusuma Sundari, member of the House Commission XI (finance and banking affairs) from opposition party PDI-P.


More articles :

» Prince Alwaleed Confirms the Sale of Four Seasons Hotel, Jakarta

Theindonesiatoday.com - Kingdom Hotel Investment (KHI), a company controlled by Price Alwaleed bin Talal, has confirmed the sale of 82% shares in Four Seasons Jakarta and Dar es Salaam Movenpick Hotel in Tanzania for US$93 million.

» Ibas Denies Rumor about Menteng 'Heritage' House

Theindonesiatoday.com - The newly wed Edhie Baskoro Yudhoyono (Ibas), son of president SBY, denied speculations that he just bought a beautiful house, considered as one of the city's heritages, in the upper class Menteng area in Jakarta.

» 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.

» Parties Stuck in Parliamentary Threshold Endless Debate

Theindonesiatoday.com - Political parties in the House of Representatives (DPR) are stuck in the endless debate over provision of the new parliamentary threshold. 

» Supreme Court Turns Down Antasari's Case Review

JAKARTA, Indonesia Today  - The Supreme Court (MA) has on Monday (February 13) rejected a case review, a final legal attempt to get freedom, filed by Antasari Azhar, former chief of the Corruption Eradication Commission (KPK). “(We hereby)...

» Dian Swastatika Sells Telco Tower for Rp690.38 Billion

Theindonesiatoday.com - Energy and infrastructure company PT Dian Swastatika Sentosa Tbk (DSSA), unit of Sinar Mas Group, had in December 2011 sold 1,304 telecommunication towers to PT Inti Bangun Sejahtera for Rp690.38 billion.

» Muamalat Mulls Syariah Subdebt Rp800 Billion

Theindonesiatoday.com - Indonesia's largest shariah PT Bank Muamalat Tbk is considering to issue syariah subordinated bond (subdebt)worth Rp800 billion for increasing its capital adequacy ratio (CAR), Investor Daily reported.

» Nazaruddin Arrested in Cartagena, Colombia

Theindonesiatoday.com - Someone identical to Muhammad Nazaruddin, former treasurer of President SBY's Demokrat Party, has been arrested by Interpol in Cartagena, Colombia.

» Pertamina Might Call Off Angola Block Acquisition

Theindonesiatoday.com - State-owned oil and gas company Pertamina might call off a plan to acquire 25% shares in Area 31 block in Angola from ExxonMobil Corp.

» Benny Harman Leads Committee to Revise KPK Law

Theindonesiatoday.com - Members of the House Commission III (overseeing law and human rights) have finally elected Demokrat lawmaker Benny K Harman as chairman of the working committee to amend the law on Corruption Eradication Commission (KPK).

» Eight Miners Shot Dead in Papua

Theindonesiatoday.com - Around eight gold miners in Paniai Region, Papua were shot to death by Mobile Brigade (Brimob) on the Degewo River region, National Commission of Human Rights claimed.

» Parties Remain Divided over Parliamentary Threshold

Theindonesiatoday.com - Political parties remain divided over the new parliamentary threshold issue. The battle is now mostly between major and small parties.

» Four Banks Provides New Loan to Chandra Asri

Theindonesiatoday.com - Four banks have reportedly committed to provide new loan to petrochemical company PT Chandra Asri Petrochemical (TPIA).TPIA seeks between US$150 million and US$250 million loan before the year end to finance its expansion...

» KPK to Examine Nazaruddin in Bribery Scandal

  Theindonesiatoday.com - Corruption Eradication Commission (KPK) reiterates its plan to examine Muhammad Nazaruddin, former Treasurer of President SBY’s Demokrat Party, in a bribery scandal surrounding the construction of athletes dormitory...

» e-KTP Project Ignores KPK Recommendations

 Theindonesiatoday.com - Ministry of Internal Affairshad ignored recommendations from The Corruption Eradication Commission (KPK) related to the electronic ID (e-KTP) procurement project.

 

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