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BSM Q1 Profit Jumps 42.87%

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)…

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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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Latest News

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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Bank Sulselbar Books Rp68 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Sulawesi Selatan dan Barat (Sulselbar), formerly PT Bank Sulsel, posted consolidated pr...

Banking | Monday, 21 May 2012

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BCA Targets Rp4 Trillion Loan for Infrastructure

JAKARTA, Indonesia Today - PT Bank Central Asia (BCA) Tbk (BBCA) targets to loan Rp3-4 trillion for infrastructure sector in ...

Banking | Sunday, 20 May 2012

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BI Rules on Rewards Restriction and Individual Ownership in Banks

JAKARTA, Indonesia Today - Central bank Bank Indonesia (BI) releases policy direction for conventional banking this year, including the restriction ...

Banking | Sunday, 20 May 2012

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Latest News:

Resources

Theindonesiatoday.com - Dropping substantially on Wednesday, the benchmark March contracts of crude palm oil bounced back to above RM3880 per ton on the Bursa Malaysia Derivatives Exchange this morning.

March contracts were traded as low as RM3857 and as high as RM3894 per ton this morning. Yesterday the commodity dropped RM80 to RM3808 per ton.

Plantation stocks are mainly in negative territory in JAKARTA. Sampoerna Agro and Bakrie Sumatra Plantation decline 1.47% and 1.20%, while BW Plantation slashed 4.23%. Tunas Baru Lampung and Gozco also slip 1.09% and 1.15%. But Astra Agro and SMART bounced back 1.35% and 1.92%.

In SINGAPORE, plantation stocks are mainly in positive territory with Wilmar and GoldenAgri gained 1.62% and 1.25% respectively. First Resources and Kencana Agri are also in positive zone, while IndoAgri slips 0.34%. In KUALA LUMPUR, Sime Darby and Kulim gained 0.11% and 1.21%, but KL Kepong down slightliy 0.09%. (Theindonesiatoday.com) 


More articles :

» PGLI Expands into Power Plant and Renewable Energy Sectors

Theindonesiatoday.com - Listed property firm PT Pembangunan Graha Lestari Indah Tbk (PGLI) announces on prospectus today it is expanding into power plant and renewable energy sectors as hotel business is considered to have a slow growth prospect.

» CapitaLand H1 Profit Up 35% to S$500 Million

Theindonesiatoday.com - Regional property player CapitaLand booked net profit of S$500.5 million in the first half of 2011, an increase of 35% from the corresponding period last year. 

» Garuda 2011 Profit Jumps 56%

JAKARTA, Indonesia Today - State flag carrier PT Garuda Indonesia Airlines Tbk (GIAA) booked net profit of Rp808.66 billion in 2011, jumped 56% from Rp518.15 billion in 2010.

» Lebong Tandai Files Lawsuit against Avocet

Theindonesiatoday.com - PT Lebong Tandai (LT) files lawsuit against Avocet Mining Plc, alleging Avocet to have infringed its rights by entering into the transaction with J Resources Nusantara.

» Waskita Karya Plans Rp750 Billion Bonds

Theindonesiatoday.com - PT Waskita Karya, state-owned construction firm, plans to issue bonds worth Rp750 billion in the second quarter of 2012 for balancing its debt structure, Investor Daily reported this morning.

» Oil & Gold Drag Down Energy, Metals Stocks

Theindonesiatoday.com - Energy and metals stocks dropped substantially worldwide as Nymex crude oil dropped 1.73% to US$99.6 per barrel in New York Wednesday (Dec 28).

» Freeport Declares Force Majeure

Theindonesiatoday.com - Freeport  Gold & Copper Plc has declared force majeure for copper and gold sales to its customers due to the disruption of operation of its Grasberg mine in Papua.

» Pan-United Completes Acqusition of Pacific Granitama

Theindonesiatoday.com - Pan-United Corporation Ltd has completed the acquisition of 80% interest in PT Pacific Granitama (PG) through its indirect subsidiary, Resources Development (2010) Pte Ltd.

» Fitch Withdraws Sulfindo's Ratings

Theindonesiatoday.com - Fitch Ratings has affirmed PT Sulfindo Adiusaha's (Sulfindo) Long-Term Foreign Issuer Default Rating (IDR) and senior unsecured debt at 'B'.

» PPATK Found 150 Suspicious Transactions of Nazaruddin

Theindonesiatoday.com - Anti-money laundering agency PPATK discovered more suspicious transactions related to Muhammad Nazaruddin, former treasurer of President SBY's Demokrat Party.

» Class Action Against INCO Dismissed

  Theindonesiatoday.com - PT International Nickel Indonesia Tbk (INCO) reports the Central Jakarta District Court had on June 6, 2011 dismissed, without prejudice, the class action filed by 10 residents of Morowali Regency, Central Sulawesi.

» FPSO Tender for Madura BD

Theindonesiatoday.com - TSX-listed Husky Energy said the long lead-time items for the Madura BD field in East Java, including the FPSO, are set to go to tender by mid-year.

» IDX Closes Morning Down 0.87%

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) closed morning trade down 0.87% at 4,109.66 following negative sentiment in regional markets.

» Court Declined to Revoke Arbitration Ruling in Astro-Lippo Dispute

Theindonesiatoday.com - The Central Jakarta District Court finally granted an exception filed by Astro All Asia Network about absolute competence lawsuit filed by Direct Vision, which tried to revoke the Singapore International Arbitration Center...

» Sentul City Books Rp136.45 Billion in 2011

JAKARTA, Indonesia Today - Developer PT Sentul City Tbk (BKSL) booked net profit of Rp136.45 billion in 2011, jumped 64.1% from Rp83.16 billion in 2010.

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