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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

DBS Bank Strengthens Its Factoring Network in Indonesia

Theindonesiatoday.com - Puan Maharani, daughter of former President Megawati Soekarnoputri, has on Friday (January 20) replaced Tjahjo Kumolo as head of PDI-P faction in the House of Representatives (DPR).

“That's true...PDI-P Executive Board has ordered Puan as faction head. I must focus in my duties as PDI-P secretary general and member of the House Commission I,” Tjahjo confirmed this afternoon.

Taufik Kiemas, Puan’s father, who currently serves as Speaker of People’s Consultative Council (MPR), has also confirmed this replacement.

Puan was born in JAKARTA, September 6, 1973. Puan currently serves as a lawmaker at the House Commission VI (overseeing state-owned enterprises, trade, etc).

Puan has been promoted by several national figures, including her father Taufik, to enter the presidential race in 2014, but mostly as vice president candidate. According to those figures, Puan  will continue the dynasty of Soekarno, founding father and first President of Indonesia. Others, however, doubt Puan’s capacity to be a leader of the country.

Gerindra and Golkar Party are among political parties, which have expressed their interest to pairing Puan with their respective president candidate. It is considered reasonable because PDI-P still has sizable support from in the grass root level.

Puan was graduated from faculty of social and political sciences at University of Indonesia with bachelor degree in communication studies. Puan reportedly started active in political organization since 2006 when she joined the Indonesian Youth National Committee (KNPI). Puan later became one of young PDI-P politicians where she serves as head of political department of the party. (haryanto@theindonesiatoday.com)

 


More articles :

» Nazaruddin's Arrival Remains Secretive

Theindonesiatoday.comm - The fugitive former treasurer of President SBY's Demokrat Party, Muhammad Nazaruddin, is expected to arrive in Jakarta today. 

» Citibank to File Civil Lawsuit Against Malinda Dee

Theindonesiatoday.com - Citibank Indonesia plans to file civil lawsuit against its former relationship manager Inong Malinda Dee, who is now suspect in a criminal lawsuit.

» Whitehaven Acquires Aston & Boardwalk Resources

Theindonesiatoday.com - Australia's Whitehaven Coal has agreed to a $2.5 billion takeover of Aston Resources to create a $5.2 billion coal miner with estimated output of 25 million tons by 2016.

» PPATK Finds Two More Suspicious Transactions

Theindonesiatoday.com - The Financial Transaction Report and Analysis Center (PPATK) had found another two suspicious transactions related to the bribery case at Ministry of Manpower and Transmigration.

» Prudential Reports 31% Premium Growth in Q1 for Indonesia

SINGAPORE, Indonesia Today - Prudential Plc, reported annual premium equivalent (APE) of £97 million in the first quarter (Q1) of 2012, grew 31% compared to £74 million in the corresponding period of 2011.

» China Coal Output Grew 13.8%, Import Falls 87%

Theindonesiatoday.com - China Coal Energy Company Limited, one of the largest thermal coal producers in the world, produced 8.32 million tons of thermal coal last month, increased 13.8% over the same month last year. Coking coal output, however,...

» Danamon Loans Rp500 Billion to Yamaha Indonesia

JAKARTA, Indonesia Today - PT Bank Danamon Indonesia Tbk (BDMN) today (April 18) signs a cooperation agreement with PT Yamaha Indonesia Motor Manufacturing to provide working capital loan to Yamaha dealers. 

» Oil Price Increases, Energy Stocks Mixed

Theindonesiatoday.com - The oil and gas commodities futures prices were in green this morning. The price of futures Asian Nymex Crude oil was at USD 98.30 per bbl, up 0.82% from previous settlement, while the Natural Gas was gained 0.26% to USD...

» Tirta Mahakam Extends Loan Payment to 3 Banks

Theindonesiatoday.com - Timber producer PT Tirta Mahakam Resources Tbk (TIRT) has extended its loan payment to three local banks that already matured in 2010 and in the first half of this year.

» Dalian Port Downsizes Domestic Bonds to RMB2.35 Billion

Theindonesiatoday.com - Dalian Port (PDA) Co Ltd, operator of northern China's biggest port, has on Tuesday (May 17) secured approval from CSRC for the issue of domestic corporate bonds.

» Metals Lost Ground, Baltic Dry Index Drops 4.4%

Theindonesiatoday.com - Baltic Dry Index (BDI), gauge for international shipment of bulk materials, closed the week of November 25 with 4.4% drop to 1,814 points on concern of weak demand for all bulk vessels classes.

» ATPK Resources Ships Out 81,731 Tons of Coal Last Month

JAKARTA, Indonesia Today - Junior coal producer PT ATPK Resources Tbk shipped out 81,731 tons of thermal coal from subsidiary PT Mega Alam Sejahtera last month.

» Bayan Resources Clubbing US$700 Million Facility

JAKARTA, Indonesia Today - Around six banks are close to clubbing a US$700 million loan for Indonesian coal-mining company Bayan Resources, IFR Asia said.

» Mining Company Declared Bankrupt

Theindonesiatoday.com - Central Jakarta Commercial Court has declared coal mining company PT Sinar Hakiki Multi bankrupt after a panel of the judges assessed the company was unable to pay its Rp6.2 billion liabilities to Bank Mandiri and Bank...

» Indo Mines Raises $10.2 Million

Theindonesiatoday.com - ASX-listed Indo Mines Limited has placed 18.6 million shares at $0.55 each to investors to raise $10.2 million, which will be used to fund up its Indonesian projects.

 

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