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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

PKS Lost One Seat

Theindonesiatoday.com - The Prosperous Justice Party (PKS) has finally lost one cabinet seat. President SBY's Demokrat Party also lost one seat in the cabinet reshuffle announced Wednesday (Oct 18).

PKS lost a minor portfolio, ministry of research and technology. President SBY has appointed Professor Gusti Muhammad Hatta as the new minister of research and technology to replace Suharna, a politician from PKS.

Gusti was minister of environment affairs. SBY has appointed Balthasar Kambuaya to replace Gusti at environment ministry.

PKS, however, managed to keep three important ministries: agriculture (Suswono), ICT (Tifatul Sembiring), and social affairs.

Some party leaders have reportedly suggested to leave the ruling coalition if SBY reduces its seats in the cabinet. (haryanto@theindonesiatoday.com)


More articles :

» Adhi Karya to Upsize Bond Issuance

JAKARTA, Indonesia Today - State EPC company PT Adhi Karya Tbk (ADHI) plans to upsize its bond issuance to Rp1.5 trillion from initial plan Rp1 trillion, Investor Daily reported this morning.

» KPK Examines Alfindo Director

Theindonesiatoday.com - The Corruption Eradication Commission has examined Arifin Ahmad, director of PT Alfindo, as witness of bribery case on Friday (June 10).

» Aburizal Reports Demokrat Executive to Police for Defamation

JAKARTA, Indonesia Today - Aburizal Bakrie, Golkar party Chairman, files a report to the Jakarta Metro Police against Ramadhan Pohan, deputy secretary general of Demokrat Party, for defamation.

» Dian Swastatika' Units Secure Coal Supply Contracts

Sinarmas’ PT Dian Swastatika Sentosa Tbk (DSSA) says its three subsidiaries, PT Borneo Indobara, PT Golden Energy Mines Tbk, and PT Trisula Kencana Sakti, has clinched several deals on coal supply contract in the first half 2011.

» China BlueChem Posts RMB1.03 Billion Profit

Theindonesiatoday.com - Fertilizer producer China BlueChemical Ltd booked net profit of RMB1.03 billion in the first half of 2011, almost doubled from the corresponding period in 2010 on stronger sales revenue.

» Govt Demands Indosat CEO Replaced

Theindonesiatoday.com - Minister of state-owned enterprises Mustafa Abubakar demands a replacement of Indosat CEO to improve the telecommunication company's performance.

» Tiger Airways Suffers $49.9 Million Loss

Theindonesiatoday.com - Tiger Airways Holdings Limited recorded a loss after tax for the quarter ended 30 September 2011 of $49.9 million, compared to a $14.1 million profit after tax for the quarter ended 30 September 2010.  

» Ecosse Energy Appoints Fox-Davies as Financial Adviser

Theindonesiatoday.com - Ecosse Energy Corp, a company focused on oil and gas exploration and production in Indonesia, has appointed Fox-Davies Capital Limited (Fox-Davies) as a financial adviser.

» Kertas Basuki H1 Revenue Drops 89%

Theindonesiatoday.com - Paper producer and distributor PT Kertas Basuki Rachmat Indonesia Tbk (KBRI) posted net loss of  Rp6.67 billion in the first half (H1) of 2011, compared to profit Rp59.01 billion in the same period of last year.

» Moody's: Asian Liquidity Stress Index Improves Slightly in November

Theindonesiatoday.com - Moody's Investors Service says that its Asian Liquidity Stress Index (LSI) showed a slight improvement in November with 9.0% of the rated speculative-grade portfolio demonstrating inadequate liquidity against 9.6% in October.

» ABM Investama Ends Flat in Second Day

Theindonesiatoday.com - Mining and energy company PT ABM Investama (ABMM) Tbk closed flat on its second day of trading on the Indonesia Stock Exchange (IDX) with relatively thin trading volume.

» Biawak Besar-1 Well to be Abandoned

LONDON, Indonesia Today - The Biawak Besar-1x exploration well on Natuna Sea Block A has reached a total depth of 5,950 feet Measured Depth and will be plugged and abandoned, Premier Oil Plc said.

» IDX Closes Morning Up 1.41%

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) closed morning trade up 1.41% at 3,522.92 along with the gains in regional markets.

» TPPI Delays Again Debt Payment to Pertamina

Theindonesiatoday.com - Aromatics company PT Trans Pacific Petrochemical Indotama (TPPI), a subsidiary of PT Tuban Petrochemical Industries, has further postponed debt payments to Pertamina from August 26 to September 7, Detikfinance.com reported.

» Mirach Divests 20% Interest in Two Indonesian Blocks

Theindonesiatoday.com - Mirach Energy Limited, a company listed on the Singapore Exchange (SGX), divests 20% equity interest in two Indonesian oil and gas blocks to Permanent Rich Energy Limited.

 

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