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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

House Speaker Marzuki Ali heats up the race for chairmanship of President SBY's Demokrat Party with his declaration to enter the race last night. The race has been considered two-way between Andi Mallarangeng and Anas Urbaningrum. 

Marzuki, former secretary general of Demokrat Party, claimed he already secured support from 307 branches/chapters of the party. "Say that the number would decline to 250, that would be fine. I could still win the race in one round only," Marzuki said.

A former director of state-owned cement company PT Semen Baturaja, Marzuki has been away from war of statements between Andi and Anas camps in the past few weeks. Andi and Anas exchanged sometimes harsh criticism, published regularly by various media outlets. Andi and Anas also spent lots of resources in campaigning, including TV ads. Both claimed support from SBY as the patron leader. SBY's son Edhie Baskoro Yudhoyono is a member of Andi's campaign team. But it is not clear whether this is a sign that SBY supports Andi.

Andi, Anas, and Marzuki will compete to win votes from 526 regency-level leaders in a congress to be started Friday, May 21. SBY is scheduled to open the congress. One of them will replace Hadi Utomo, who is also brother-in-law of First Lady Ani Yudhoyono.


More articles :

» SBY Vows Fundamental Change

Theindonesiatoday.com - President Susilo Bambang Yudhoyono (SBY) vows fundamental change in governing the country for the remaining three years of his administration.

» Golkar-PDIP Pair Likely Wins Banjarnegara Election

Theindonesiatoday.com - Sutedjo Slamet Utomo and Hadi Supeno, the pair candidate for regent and vice regent of Banjarnegara in Central Java, likely win local election held on July 24.

» Nazaruddin Staff: Rp30 Billion + US$2 Million for Demokrat Party Congress

Theindonesiatoday.com - Yulianis, former deputy director of Permai Group, a company controlled by Muhammad Nazaruddin (former treasurer of President SBY's Demokrat Party), stated that there were Rp30 billion funds flowing to Demokrat Party congress...

» Fitch Affirms and Withdraws MNC Finance's 'BBB-(idn)' Rating

Theindonesiatoday.com - Fitch Ratings has affirmed MNC Finance's (formerly known as Bhakti Finance) National Long-Term rating at 'BBB-(idn)' with negative outlook and simultaneously withdrawn the rating.

» Toisutta & Panigoro Challenge FIFA Decision in CAS

Theindonesiatoday.com - Patrick Mbaya, an international lawyer of George Toisutta (Indonesian Army chief of staff) and Arifin Panigoro (businessman and politician), has challenged FIFA's ruling, which prohibits Toisutta and Panigoro from...

» Aburizal Accepts Nomination as 2014 President Candidate

Theindonesiatoday.com - Aburizal Bakrie has accepted his nomination as president candidate from Golkar Party in 2014 elections.

» Regional Markets Open Down Following Wall Street

Theindonesiatoday.com - Regional markets indexes opened down this morning to tracking the fall in Wall Street. Dow Jones of Wall Street ended down 0.34% while Nasdaq gained 0.86% on Friday last week.

» PKS Loses One Cabinet Seat, Report

Theindonesiatoday.com - The Prosperous Justice Party (PKS) reportedly has lost one seat in SYB’s cabinet. 

» Sri Mulyani Supporters Register Party for 2014 Election

Theindonesiatoday.com - Partai Serikat Rakyat Independen (SRI) plans to formally register its participation in the 2014 election to the ministry of law and human rights Wednesday (Aug 3).

» SBY Says No Deal to Nazaruddin

Theindonesiatoday.com - President SBY, who is also patron leader of Demokrat Party, refused a deal offered by former treasurer Muhammad Nazaruddin, target of multiple corruption investigation by the Corruption Eradication Commission (KPK).

» KPK Ready to Bring Nazaruddin to Court Trial

Theindonesiatoday.com - The Corruption Eradication Commission (KPK) is ready to bring Muhammad Nazaruddin, Demokrat Party former treasurer and graft cases suspect, to the court trial. This is probably one of the much-awaited trials this year.

» Incumbent Pair Likely Win West Sulawesi Election

Theindonesiatoday.com - Anwar Adnan Saleh and Aladin S Mengga, the incumbent pair candidate for governor and vice governor of West Sulawesi for 2011-2016, will likely win local election held Monday (Oct 10). Three pair candidates of governor and...

» Incumbent Pair Wins Musi Banyuasin Election

Theindonesiatoday.com - Pahri Azhari and Beni Hernedi, incumbent pair candidate for Regent and vice Regent of Musi Banyuasin (Muba), South Sumatera Province, will likely be confirmed winner of the local election held on September 27.

» Nazaruddin Alleges Choel Mallarangeng behind Projects at Sports Ministry

Theindonesiatoday.com - Muhammad Nazaruddin, former treasurer of Demokrat Party, revealed that all projects at the ministry of sports and youth affairs were controlled by Choel Mallarangeng, younger brother of minister Andi Mallarangeng.

» Demokrat Continues Chorus of Denials on Nazaruddin Allegations

Theindonesiatoday.com - Demokrat lawmaker Angelina Sondakh, who is also deputy secretary general of the party, dismissed allegations mounted by former treasurer Muhammad Nazaruddin regarding money distributed by Anas Urbaningrum in last year's...

 

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