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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 - Engineering firm PT Truba Alam Manunggal Tbk (TRUB) won tender of steam power plant project with capacity of 2x7 megawatts in Tebo, Jambi province.

The project was offered by state electricity company PT Perusahaan Listrik Negara (PLN), based in region of South Sumatera, Jambi and Bengkulu.

The project is valued for US$9.44 million and Rp176.98 billion. (hans@theindonesiatoday.com)


More articles :

» Workers Demand Investigation Freeport Labor Practices

Theindonesiatoday.com - Thousands of PT Freeport Indonesia workers held a rally in front of the Manpower Service Office, Mimika Regency, Papua province, to question the institution's opinion on Freeport's alleged violations.

» Marks & Spencer Food to Open in Bandung

Theindonesiatoday.com - Bandung, the capital city of West Java province, will be the next target of Marks & Spencer Food.

» Wuxi Huadong Supplies Cranes to Pelindo II

Theindonesiatoday.com - Wuxi Huadong Heavy Machinery Co Ltd, unit of Singapore's Temasek Holdings, will deliver three units of container crane to state-owned port management company PT Pelindo II.

» Bank Mandiri Posts 30.7% Profit Growth in 2011

JAKARTA, Indonesia Today - PT Bank Mandiri Tbk (BMRI) booked unaudited net profit of Rp11.57 trillion in 2011, grew 30.7% from Rp8.85 trillion in 2010.

» Berau Coal Operating Profit Soars 154%

Theindonesiatoday.com - PT Berau Coal Energy (BRAU) Tbk booked operating profit of US$113.69 million in the first quarter of 2011, soared 154% from the corresponding period last year on higher sales and improved margin.

» Adavale Signs MoU for Astri Prima Coal Acquisition

MELBOURNE, Indonesia Today - ASX-listed Adavale Resources Ltd has signed a Memorandum of Understanding (MoU) where the company has an option to acquire 100% ownership in Astri Prima Coal Project, South Kalimantan.

» Indonesia Eximbank's 2011 Profit Jumps 135%

JAKARTA, Indonesia Today - Export financing agency Indonesia Eximbank reported audited net profit of Rp460.64 billion in 2011, skyrocketed 135% compared to Rp195.65 billion in 2010.

» Benakat Loss Almost Doubled

JAKARTA, Indonesia Today - Energy company PT Benakat Petroleum Energy (BIPI) Tbk posted comprehensive loss of Rp204 billion last year, almost doubled from Rp107 billion in 2010.

» Jababeka to Raise US$150 Million from Debt Markets

Theindonesiatoday.com - Industrial estate developer PT Kawasan Industri Jababeka Tbk (KIJA) plans to issue US$150 million debt securities by the end of this year.

» Tolikara Election Postponed on Security Concerns

JAYAPURA, Indonesia Today –  Leaders in Tolikara regency, Papua province, have decided to postpone the election of regent and vice regent scheduled Friday (February 17) due to clash between supporters of competing candidates.

» Newcastle Port Coal Export Soars 42.6%

Indonesia Today - Coal shipment from Newcastle Port, Australia reached 2.88 million tons for the week ended January 23, 2012, increased 42.6% from 2.02 million tons for the week ended January 16.

» Trading of Surya Kertas & Prasidha Suspended

Theindonesiatoday.com - The Indonesia Stock Exchange (IDX) suspends the trading of PT Surabaya Agung Industry Pulp (SAIP) Tbk and PT Prasidha Aneka Niaga (PSDN) Tbk shares.

» Arutmin Output Soars 71%, KPC Grows 29%

Theindonesiatoday.com - PT Arutmin Indonesia, subsidiary of PT Bumi Resources (BUMI) Tbk, produced 5.8 million tons of coal in the third quarter of 2011, an increase of 71% from the same period last year.

» Pamapersada Coal Production Grows 6.7%, Overburden Rose 8.5%

Theindonesiatoday.com - PT Pamapersada Nusantara, a subsidiary of United Tractors (UNTR), produced 8 million tons of coal last month, an increase of 6.7% from June 2011 and 27% from July 2010.

» Demokrat Under Pressures to Reveal Nazaruddin's Whereabouts

Theindonesiatoday.com - Demokrat Party is under public pressure to reveal the whereabouts of former treasurer Muhammad Nazaruddin, who is implicated in the bribery scandal of athlete dormitory project.

 

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