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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

Major Reshuffle in Demokrat Faction: Jafar and Benny Might Be Replaced

JAKARTA, Indonesia Today – President SBY’s Demokrat Party will announce a major reshuffle in the leadership of Demokrat faction at th...

Politic | Wednesday, 23 May 2012

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Kalbe Farma to Pay Dividend Rp891 Billion

JAKARTA, Indonesia Today - Pharmaceutical giant PT Kalbe Farma Tbk (KLBF) will pay dividend of Rp891 billion, or Rp95 per sh...

Pharmaceuticals | Wednesday, 23 May 2012

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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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Latest News:

Resources

Hitachi from PT Hexindo Adiperkasa (HEXA) Tbk gained bigger share in hydraulic excavator market of 24.8% in the period of April-June 2010.

According to HEXA's public expose material, Hitachi sold 372 hydraulic excavator in April-June 2010 or a 24.8% market share against 19.9% (190 units) in the same period last year.

Komatsu (United Tractors), according to the material, sold 560 hydraulic excavator in April-June 2010 or a commanding 37.4% market share, declined from 45.6% in the same period last year.

Kobe is third with 17.5% market share, while Caterpillar (Trakindo) with 11% market share in the same period. The total market expanded from 953 to 1,497 units. Interestingly, other brands gained substantial market share of 9.3% in April-June 2010 against 4.5% in the same period last year. 


More articles :

» Atlas' Unit Gets No Certainty on Tax Objection

SYDNEY, Indonesia Today - Uncertainties still cover the outcome of tax assessment objection filed by PT Cendana Indopearls, subsidiary of Atlas South Sea Pearl Ltd, to Indonesian tax office.

» Lion Air to Order 230 Boeing Airplane

Theindonesiatoday.com - Boeing and Jakarta-based Lion Air today announced a commitment for the airline to order 201 737 MAXs and 29 Next-Generation 737-900 ERs (extended range). The agreement also includes purchase rights for an additional 150...

» Bank Sinarmas Kicks Off Rights Issue

JAKARTA, Indonesia Today - PT Bank Sinarmas Tbk (BSIM), controlled by Sinarmas Group, announces on propectus today it plans to issue 1.22 billion new shares through pre-emptive rights scheme next month.

» Newcastle Coal Shipment Declines 9.2%

Theindonesiatoday.com - Coal shipment in Newcastle Port, the Asian coal benchmark price, has declined 9.2% to 1.78 million tons for the week ended 23 May 2011.

» BI Rate Kept at 5.75% as Inflation under Control

JAKARTA, Indonesia Today - The central bank, Bank Indonesia (BI) had today decided to keep benchmark BI Rate at 5.75%, unchanged for consecutive four months as inflation is expected to be remain under control with the economy still growing.

» Singapore Airlines Carries 1.4 Million Passengers in September

Theindonesiatoday.com - Singapore Airlines' systemwide passenger carriage (measured in revenue passenger kilometres) grew 4.7% in September 2011, on the back of 5.8% growth in capacity (measured in available seat kilometres).

» Bakrieland Launches Grand Clusters The Fusion in Bogor

JAKARTA, Indonesia Today - Property developer PT Bakrieland Development Tbk (ELTY), through its unit Landed Residential Bogor Nirwana Residence (BNR) launches Grand Cluster The Fusion with 6 clusters built on 30 hectares land in Bogor, West Java.

» HSBC Indonesia Profit Down 13.8%, Assets Grow 10%

Theindonesiatoday.com - HSBC Indonesia booked net profit of Rp200 billion in the first quarter of 2011, declined 13.8% from the corresponding period last year. The bank's assets, however, increased 10% to Rp45.84 trillion.

» Bumi Plc Falls Further 8.9% in London

LONDON, Indonesia Today - Bumi Plc, owner of 29% shares in Bumi Resources and 85% shares in Berau Coal Energy (BRAU), fell sharply by 8.95% in London Friday (May 11).

» Bakrie to Restructure/Repay US$1.34 Billion Debts

Theindonesiatoday.com - PT Bakrie & Brothers (BNBR) Tbk and Long Haul Holdings Ltd are currently in discussions with a view to restructuring and or repaying the US$1.345 billion loans.

» Mitra Adiperkasa Posts 20% Revenue Growth in First Quarter

 Theindonesiatoday.com - Retailer powerhouse PT Mitra Adiperkasa Tbk (MAPI) booked revenue of Rp1 trillion in the first quarter of 2011, grew by 20% compared to Rp883.4 billion in the corresponding period of last year.

» Ace Hardware Targets to Open 10 New Stores This Year

Theindonesiatoday.com - Household retailer PT Ace Hardware Tbk (ACES) says it targets to add up to 10 new stores for this year, to boost profit and revenue.

» XL Doubled Marketing Campaign Take-Up Rate with InfiniteInsight™

Theindonesiatoday.com - KXEN, the leading provider of predictive analytics for business users, announced that PT XL Axiata Tbk (EXCL), a major mobile phone company in Indonesia, has doubled its marketing-campaign take-up rate (the rate at which...

» Total to Spend $2.1 Billion for Stupa & Mandu Fields in Mahakam Block

JAKARTA, Indonesia Today - Total E&P Indonesie plans to invest US$2.1 billion for the development of Stupa and Mandu gas fields in the giant Mahakam Block.

» Mayora Sets Bond Coupon at 8.25% to 8.5%

JAKARTA, Indonesia Today - Food processor PT Mayora Indah Tbk (MYOR) has reportedly set 8.5% coupon for Rp500 billion bond and 8.25% coupon for Rp250 billion sukuk (Islamic bond), Bisnis Indonesia reported this morning.

 

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