TPS Food Allocates $176 Million for 18 Rice Mills JAKARTA, Indonesia Today - PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA), a leading food company in Indonesia, will invest US$176 million, equivalent Rp1.64 trillion, to boost rice production capacity within next five years, Bisnis Indonesia reported this morning.... Read more Food News | Hans GN | Wednesday, 23 May 2012 | Hits: 26 |
Study Endorses TCM Coal Project MELBOURNE, Indonesia Today - The base case Feasibility Study on the TCM Coal Project, South Kalimantan says the project is technically and financially feasible, Pan Asia Corporation confirme... Read more Mining News | Hatman Bintang | Wednesday, 23 May 2012 | Hits: 43 |
Gas Price Hike Encourages Quest to Drill Ranau Block MELBOURNE, Indonesia Today - PT Perusahaan Gas Negara Tbk (PGAS)'s decision to raise the price of gas for customers in West Java almost 50% following recent contract renewals with South Sumateran gas producers, encouraging Quest Petroleum NL to drill Ranau PSC by upcoming month.... Read more Energy News | Hatman Bintang | Wednesday, 23 May 2012 | Hits: 36 |
Pamapersada Coal Output Grows 13.7% JAKARTA, Indonesia Today - PT Pamapersada Nusantara, a coal mining contractor of PT United Tractors Tbk (UNTR), recorded 17.9% increase of overburden removal and 13.7% growth of coal production in the first four months of 2012 compared to the same period of last year.... Read more Mining News | Hatman Bintang | Tuesday, 22 May 2012 | Hits: 51 |
PGN Appoints RINA Group for Lampung FSRU GENOA, Indonesia Today - PT PGAS Solution, a subsidiary of state-owned gas transmission company PT Perusahaan Gas Negara Tbk (PGAS), has appointed Italy-based RINA Group to support the commissioning for a new floating LNG FSRU terminal in Lampung, Su... Read more Energy News | Hatman Bintang | Tuesday, 22 May 2012 | Hits: 50 |
Borneo Lumbung Mulls Global Bond $500 Million JAKARTA, Indonesia Today - Coking coal producer PT Borneo Lumbung Energi & Metal Tbk (BORN), a company controlled by Samin Tan, is studying to issue global bond worth US$500 million for refinancing debt to Standard Chartered, Investor Daily reported this morning.... Read more Mining News | Hans GN | Tuesday, 22 May 2012 | Hits: 57 |
Martabe On Schedule for First Gold Production HONG KONG, Indonesia Today - The Martabe Gold Project, North Sumatera is positively on schedule for first gold production in July 2012, G-Resources Ltd confirms... Read more Mining News | Hatman Bintang | Monday, 21 May 2012 | Hits: 65 |
Arc Exploration Broadens Relationship with Anglo American in Indonesia SYDNEY, Indonesia Today - Arc Exploration Limited (ARX), a company controlled by George Tahija's Austindo Group, has entered into an agreement with Anglo American in Indonesia to provide geological evaluation and exploration services... Read more Mining News | Pincus RS | Monday, 21 May 2012 | Hits: 56 |
Premier Oil Expects to Complete Anoa Phase 4 Drilling in 2013 LONDON, Indonesia Today - Premier Oil reported that Anoa Phase 4, Indonesia, which will develop around 200 bcf of undeveloped proven reserves on the Premier-operated Natuna Sea Block A, is expected to be completed in 2013. Premier also claims that preparations are well-advanced for the first phase of offshore construction in Ju... Read more Energy News | Ferdi Hasiman | Friday, 18 May 2012 | Hits: 85 |
Finders Confirms New Regulation on Ownership to Impose no Adverse Implication MELBOURNE, Indonesia Today - Finders Resources Limited (FND) reconfirms that new regulation (No. 7/2012 & 24/2012) in relation to in-country mineral processing and local ownership will not have adverse implications for Finders' corporate structure and economic interest in its projects in Indonesi... Read more Mining News | Hans GN | Friday, 18 May 2012 | Hits: 76 |
JAKARTA, Indonesia Today - PT Bank Syariah Mandiri (BSM) posted net profit of Rp192.72 billion in the first quarter (Q1)…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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),…
JAKARTA, Indonesia Today - PT United Tractors Tbk (UNTR)’s coal sales in the first four months of 2012 jumped 37.3%…
Latest News
Bank Papua Q1 Profit Rp101.79 BillionJAKARTA, Indonesia Today - PT Bank Pembangunan Daerah Papua (Bank Papua) booked profit after tax of Rp101.79 billion in the ... Banking | Wednesday, 23 May 2012 Read more |
Naga Selatan-1 Drilling Reaches 84% Total DepthMELBOURNE, 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 Read more |
SGX offers MSCI Indonesia Futures from 11 JuneSINGAPORE, Indonesia Today - Singapore Exchange’s (SGX) MSCI Indonesia Index Futures will begin trading from 11 June ... Stocks | Tuesday, 22 May 2012 Read more |
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 Read more |
Three Trucks of PTPN II Burnt Down Following Clash with Local PeopleDELI SERDANG, Indonesia Today - Local people have burnt down three unit trucks of State plantation company PT Perkebunan Nusantara ... Dispute | Tuesday, 22 May 2012 Read more |
Multipolar Controls 10.59% Stake in Bank NobuJAKARTA, 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 Read more |
IDX Gains 1.19% on Regional and Wall Street ReboundsJAKARTA, 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 Read more |
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 Read more |
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 Read more |
Astra Sedaya Financing Likely to Go Up to $200 MillionJAKARTA, 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 Read more |
Templeton's Investment in Indonesia Declines to 5% in AprilFLORIDA, Indonesia Today - Templeton Global Income Fund invested 5% of its total net assets in Indonesia as of April 30... Stocks | Monday, 21 May 2012 Read more |
Pratt & Whitney Canada Signs 5-Year Service Agreement with Pacific Royale AirwaysMINNESOTA, 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 Read more |
Nomura Research Establishes Representative Office in JakartaTOKYO, Indonesia Today - Nomura Research Institute Ltd. (NRI), a leading provider of consulting services and system solutions, today announces th... Internet | Monday, 21 May 2012 Read more |
Omedia Again Extends Megapower AcquisitionKUALA LUMPUR, Indonesia Today - Oriented Media Group Berhad (Omedia) extends its proposed acquisition of 85% equity interest in PT Me... Energy | Monday, 21 May 2012 Read more |
Interra's Goldpetrol Commences Drilling in MyanmarSINGAPORE, Indonesia Today - Interra Resources Limited, a company controlled by Indonesian tycoon Edwin Soeryadjaya, announces today that its jointly co... Energy | Monday, 21 May 2012 Read more |
JSW Steel Production Grows 10% in AprilSINGAPORE, 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 Read more |
Tunas Ridean to Acquire Izusu DistributorJAKARTA, Indonesia Today - Car distributor and dealer PT Tunas Ridean Tbk (TURI) and its unit PT Tunas Mobilindo Parama pl... Automotive | Monday, 21 May 2012 Read more |
Surya Toto to Build Sanitary Factory This YearJAKARTA, Indonesia Today - Sanitary and plumbing company PT Surya Toto Indonesia Tbk (TOTO) intends to build new sanitary factory in... Stocks | Monday, 21 May 2012 Read more |
Zebra NUsantara to Acquire CNG DistributorJAKARTA, Indonesia Today - Transportation company PT Zebra Nusantara Tbk (ZBRA) plans to acquire a company, distributor of compressed natural gas... Transportation | Monday, 21 May 2012 Read more |
Mother of Hidayat Nur Wahid Passes AwayJAKARTA, Indonesia Today – Siti Rahayu, mother of Hidayat Nur Wahid, Jakarta governor candidate from the Prosperous Justice Party (PKS), ha... People | Monday, 21 May 2012 Read more |
Bank Riau Kepri Books Rp64 Billion Profit in Q1JAKARTA, 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 Read more |
Bank Sulselbar Books Rp68 Billion Profit in Q1JAKARTA, Indonesia Today - Regional development bank PT Bank Sulawesi Selatan dan Barat (Sulselbar), formerly PT Bank Sulsel, posted consolidated pr... Banking | Monday, 21 May 2012 Read more |
BCA Targets Rp4 Trillion Loan for InfrastructureJAKARTA, Indonesia Today - PT Bank Central Asia (BCA) Tbk (BBCA) targets to loan Rp3-4 trillion for infrastructure sector in ... Banking | Sunday, 20 May 2012 Read more |
BI Rules on Rewards Restriction and Individual Ownership in BanksJAKARTA, Indonesia Today - Central bank Bank Indonesia (BI) releases policy direction for conventional banking this year, including the restriction ... Banking | Sunday, 20 May 2012 Read more |
Resources
Bakrie Demands Police to Investigate Plantation Field Burning
JAMBI, Indonesia Today - PT Bakrie Sumatera Plantations Tbk (UNSP) demands police to investigate the burning incident on the plantation…
Sindo Resources Completes Bubuhan Multi Acquisition
SINGAPORE, Indonesia Today - Sindo Resources Ltd has completed the 99.9% share acquisition of PT Bubuhan Multi Sejahtera (BMS) through…
Jogja Magasa Iron Commences Iron Sand Mining Operations
MELBOURNE, Indonesia Today - PT Jogja Magasa Iron (JMI) has commenced operations at its trial iron sand mining and processing…
Medco Extends $363 Million Debt Payment
JAKARTA, Indonesia Today - PT Medco Energi Internasional Tbk (MEDC), a company controlled by Arifin Panigoro, has bagged a sum…
Bumi Plans to Settle CIC's Debt This Year
JAKARTA, Indonesia Today - Samin Tan, newly elected president commissioner of PT Bumi Resources Tbk (BUMI), said Bumi plans to…
Below Expectation Revenue, Cipaganti Reschedules IPO
JAKARTA, Indonesia Today - PT Cipaganti Citra Graha, a member of Cipaganti group, reschedules its IPO to the fourth quarter…
Reliance Claims Increasing Gold Grade Drilling on Tanoyan Project
VANCOUVER, Indonesia Today - Reliance Resources Ltd. claims increasing gold grade from two holes drilling into the Sondana Vein system…
Latest News
- Naga Selatan-1 Drilling Reaches 84% Total Depth
- Omedia Again Extends Megapower Acquisition
- Interra's Goldpetrol Commences Drilling in Myanmar
- Prisma Resources Deploys NetSuite Cloud Solution for Business Efficiency
- Govt Mulls Gas Hydrates Deepwater Exploration
- Political Issues Undermine Oil and Gas Investment in Indonesia
- Augur Confirms Excellent Metallurgical Results from Wonogiri
Agriculture
- Golden Agri Q1 Profit Doubled
- Kencana Agri Q1 Profit Slashes 54%
- REA Holdings Reports 4% FFB Production Decline from Kalimantan
- CPO Settled Lower, KPB Nusantara Sold Most Packages
- Wilmar Acquires Bangun Inti Kencana
- Nymex Crude Down to $98, CPO Falls Further
- Sekar Laut & Cheil Jedang Renew Partnership
Mining
- Study Endorses TCM Coal Project
- Pamapersada Coal Output Grows 13.7%
- Borneo Lumbung Mulls Global Bond $500 Million
- Martabe On Schedule for First Gold Production
- Arc Exploration Broadens Relationship with Anglo American in Indonesia
- Finders Confirms New Regulation on Ownership to Impose no Adverse Implication
- Southern Arc Boosts Ownership in West Lombok & Sumbawa Projects
Energy
- Naga Selatan-1 Drilling Reaches 84% Total Depth
- Gas Price Hike Encourages Quest to Drill Ranau Block
- PGN Appoints RINA Group for Lampung FSRU
- Omedia Again Extends Megapower Acquisition
- Interra's Goldpetrol Commences Drilling in Myanmar
- Premier Oil Expects to Complete Anoa Phase 4 Drilling in 2013
- Salamander to Drill Four Prospects on North Kutei Basin
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