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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 - PT Bormindo Nusantara, a 60%-owned subsidiary of PT Ancora Indonesia Resources (OKAS) Tbk, has secured a US$4.9 million contract from PT Chevron Pacific Indonesia.

Ancora told stock market authorities today that the contract is for the provision of drilling rig. But details of the contract are not provided, including the contract period.

OKAS is a company controlled by Ancora Group, where BKPM head Gita I Wirjawan is controlling shareholder.

OKAS is also parent company of PT Multi Nitrotama Kimia, a producer of explosives material.

OKAS shares down 1.56% to Rp315 Thursday (July 21). The stock has dropped 23% from its recent peak. (Theindonesiatoday.com)


More articles :

» Sumatra Copper Raises A$3.8M for Tembang Project

Theindonesiatoday.com - Sumatra Copper & Gold Ltd has reached agreement to place 23.98 million new CHESS Deposit Interests (CDIs) at A$0.16 per CDI to a range of institutions and sophisticated investors for proceeds of A$3.8 million.

» Court Orders Re-Election in Pekanbaru on Massive Fraud

Theindonesiatoday.com - Constitutional Court orders a re-election of Pekanbaru mayor due to massive fraud committed in the May 2011 election.

» Construction of Cikampek-Palimanan Toll Road Started

Theindonesiatoday.com - The long-delayed Cikampek-Palimanan toll road has on Thursday (December 8) finally started its construction, even though land acquisition for the 116-KM toll road has not fully completed.

» Augur Claims Gold-Copper Intersection at Randu Kuning, Wonogiri

Theindonesiatoday.com - Augur Resources Ltd claims significant 215 meter porphyry gold-copper intersection at the Randu  Kuning Prospect, Wonogiri Project, Central Java, including 60 meters @ 0.85 g/t gold and 0.30% copper.

» Tiger Airways Australia to Resume Flight in August 12

Theindonesiatoday.com - Tiger Airways Holdings Limited announces today its wholly-owned subsidiary Tiger Airways Australia Pty Limited will recommence ticket sales and will implement a gradual resumption of domestic services from Friday 12 August...

» Bosowa to Invest $1 Billion in 5 Years

JAKARTA, Indonesia Today - Bosowa Group, controlled by the family of Aksa Mahmud (brother in law of former vice president Jusuf Kalla), plans to invest US$1 billion (Rp9 trillion) in its pospective business for the next five years, Investor Daily...

» Gold Down Further 2.4%

Theindonesiatoday.com - Gold declined further by 2.4% to US$1,712 per ounce Thursday (August 25) as investors continued to realize gains. 

» Thailand's Earth Energy Acquires Indonesian Coal Miner

Theindonesiatoday.com - Bangkok-listed Earth Energy Pcl has recently acquired an Indonesian coal miner, PT Tri Tunggal Pitriati through share swapping deal scheme.

» Oil Returns to US$101, Energy & Metals Stocks Mixed

Theindonesiatoday.com - Crude oil regained grounds and currently hovers around US$101 per barrel on Nymex Asian trading. Energy stocks end mixed last night, but open mostly in green in Asia this morning.

» Astra Agro CPO Production Grows 14.6% in Jan-Nov

Theindonesiatoday.com - Plantation company PT Astra Agro Lestari Tbk (AALI) produced 1.16 million tons of crude palm oil (CPO) or increased by 14.6% compared to the same period last year, along with the increasing of FFB production.

» SouthGobi Resources Dismisses Speculation Surrounding Auditor Change

HONG KONG, Indonesia Today - Growing coal player SouthGobi Resources Ltd has dismissed speculation surrounding the replacement of its auditor.

» IDX Opens Up 2.1% in Line with Regional

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened up 2.1% at 3,515.50 this morning in line with positive sentiment in regional and global markets.

» Vallarres to Merge With Genel Energy

Theindonesiatoday.com - Vallares PLC announced on Wednesday (September 7) that it plans to merge with Genel Energy International Ltd, the largest oil producer in the Kurdistan Region of Iraq.

» Tuscany Plans Re-Listing of Apexindo

Theindonesiatoday.com - Tuscany Investment Group Ltd plans a re-listing of PT Apexindo Pratama Duta (APEX) Tbk on the Indonesia Stock Exchange (IDX).

» Indah Kiat Turns to Profit on Forex Gain

JAKARTA, Indonesia Today - Pulp producer PT Indah Kiat Pulp & Paper Tbk (INKP) booked net profit of US$5.26 million in the first quarter (Q1) of 2012, compared to loss US$11.79 million in the corresponding period of 2011.

 

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