Joomla Templates and Joomla Extensions by JoomlaVision.Com
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)…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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…

Readmore

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),…

Readmore

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%…

Readmore

Pre 1 2 3 4 Next

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

Read more

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

Read more

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

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 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

Read more

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

Read more

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

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 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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more

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

Read more
Latest News:

Resources

Theindonesiatoday.com – The draft revision of the existing Oil and Gas Law, enacted in 2001, is expected to be completed early next year, a House Commission VII, which oversees energy sector, said.
 
"Currently, an academic paper of the draft revision of the law has been completed. The next step is bringing the academic paper to a  Committee hearing (RDP)," Ismayatun, a member of Commission VII, said.
 
In the proposed draft revision, there is a clear obligation to allocate oil and gas output to meet domestic needs, which is set at higher than 25 percent, he said.
 
Observers are expecting that the revision of the Oil and Gas Law No. 22, Year 2001, would accommodate the interest of the government, regional governments and the public at large. The planned amendment of the law is also expected to assure greater transparency and accountability of domestic oil and gas production.
 
Another important point of the revision is that oil and gas working areas will be offered to investors or business entities by the Ministry for Energy and Mineral Resources, after consulting with regional governments. (ferdi@theindonesiatoday.com/RK)

More articles :

» PGN Profit Grows 18%, Revenue Up 5.7%

Theindonesiatoday.com - State-owned gas producer PT Perusahaan Gas Negara Tbk (PGAS) posted net profit of Rp2.16 trillion in the first quarter (Q1) of 2011, increased 18% from Rp1.83 trillion in the same period of last year.

» Darwin, BPMigas at Odds Over Deputies

Theindonesiatoday.com - The Upstream Oil and Gas Regulatory Body (BPMigas) threatens not to recognize three new deputies to be sworn in by energy minister Darwin Zahedy Saleh next week if they're not candidates proposed by the agency.

» Domestic Coal Stocks Flat in Opening

Theindonesiatoday.com - Regional coal stocks opened mixed while domestic coal stocks stood flat with stable coal price report in Newcastle Index.

» Enviro Energy Joins Resources Hunting in Southeast Asia

Theindonesiatoday.com - CCST, a wholly-owned subsidiary of Enviro Energy International Holdings Limited, has entered into a MoU with Hugo Link Global Investment Ltd in respect of potential investment in a company engaged in resources business in...

» Bumi Targets 16% Growth in Coal Production This Year

JAKARTA, Indonesia Today - Giant coal miner PT Bumi Resources Tbk (BUMI) targets coal sales to grow by 16% to US$6.75 billion this year, compared to US$5.82 billion last year, Investor Daily reported this morning.

» IDX Surges 1.52% on Foreign Buying

Theindonesiatoday.com - Following the positive sentiment on regional markets, composite index of the Indonesia Stock Exchange (IDX) surged 1.52% to close at 3,888.57.

» Jardine Cycle Sees Better Astra Contribution This Year

SINGAPORE, Indonesia Today - Jardine Cycle & Carriage sees encouraging outlook for this year as Astra remains particularly well-placed to benefit further from the strength of Indonesia's growing economy.

» Ashburton in Progress for Diamond Drilling at Obi, Ambon

Theindonesiatoday.com - Ashburton Minerals Ltd says the diamond drilling at the Ambon artisanal goldfield, Obi Gold Project is underway and progressing well. Meanwhile, the company is still waiting on the initial results of the drilling.

» Indonesian Coal and Energy Association Launched

Theindonesiatoday.com - Around 100 middle-to-small scale Indonesian coal producers today (27/10) launched a new coal association named Association of Indonesian Coal and Energy Suppliers (Aspebindo).

» Hitay Yatirim Eyes $3 Billion Geothermal Investment

JAKARTA, Indonesia Today - Hitay Yatirim Holding, Turkey group led by Emin Hitay, is going to invest US$3 billion for four geothermal prospects in Indonesia.

» IDX Slips at Opening Following Regional

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened down 0.12% at 3,809.24 this morning following the correction in regional markets. Asian markets turned lower after gaining at their opening with lack of...

» Astra Q1 Profit Grows 7.8%

JAKARTA, Indonesia Today - PT Astra International Tbk (ASII) booked net profit of Rp5.46 trillion in the first quarter (Q1) of 2012, grew 7.8% from Rp5.07 trillion in the corresponding period of last year.

» ND Paper Unit Issues RMB1 Billion Commercial Paper

Theindonesiatoday.com - Dongguan Sea Dragon, an indirect non-wholly-owned subsidiary of Nine Dragons Paper (Holdings) Limited, has completed the issue of the Short-Term Commercial Paper  in China for a total aggregate amount of RMB1 billion on 7...

» Istaka Karya Escapes Bankruptcy

Theindonesiatoday.com - State-owned construction firm PT Istaka Karya has escaped bankruptcy after creditors agreed the debt settlement proposal.

» 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.

 

Indonesia | Indonesia Today | Indonesia News | Indonesia Latest News | Indonesia Breaking News | Indonesia Finance | Finance Indonesia | Politic | News | Latest News | Stock | Stocks | Bank | Banking | Bank Mandiri | Bank Syariah Mandiri | Business | Macro | Headline | Bonds | Insurance | Photo | Law | Corruption | Dispute | Regulation | Coal | Mining | Energy | Pertamina | Geothermal | Gold | Copper | Freeport Indonesia | IPO | Profit | President SBY | Hatta Rajasa | Citibank Indonesia | Nunun Nurbaeti | Churchill Mining | Elnusa | Bakrie Brothers | President SBY | Ani Yudhoyono | United Tractors | Mining News | Energy News | Indonesia Stock Exchange | IDX | Bisnis Indonesia | Anas Urbaningrum | CIMB Niaga | Abraham Samad | Golden Peaks Resources | Miranda  Goeltom | Wijaya Karya | Wika | Tiphone | Southern Arc Minerals | Moody Investors Services | Indonesia Coal | Garuda Indonesia | Dian Swastatika Sentosa | Muhammad Nazaruddin | Nazaruddin | BPMigas | Arc Exploration | Indofood Sukses Makmur | Indomobil | Dahlan Iskan | Bakrieland Developer | Astra Agro Lestari | Chevron Indonesia | Kalbe Farma | Tiger Airways | Mandala Airlines | Smartfren Telecom | Royal Oak Development | Geely Automobile | Gudang Garam | HM Sampoerna | Djarum Black | Pakuwon Jati | Bank Bukopin | Semen Gresik | Komatsu Sales | Bank Indonesia | Wilmar International | Indomobil Finance Indonesia | Ciputra Property Development | Harum Energy | Jero Wacik | Agung Podomoro Land | Agus Martowardojo | Jumairah Group | Berlian Laju Tanker | Forbes Indonesia | Indonesia Forbes Magazine | BlackEyedPeas | Increase Alexa Ranking | Alexa Rank | Search Engine Optimize | SEO | Increase Google Page Rank | Dian Sastrowardoyo | Agnes Monica | Nozomi Sasaki | Moko Girls | Moko Top Girls | Photo Moko Top Girls | Dewi Persik | Moko.cc