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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

Sukhoi Victims’ Bodies Returned to Families, Insurance Payment Not Clear Yet

JAKARTA, Indonesia Today – The remains of all 45 victims of the crash Sukhoi Superjet 100 have been handed over to...

People | 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

PT Aneka Tambang has announced at Indonesia Stock Exchange that it has raised its ownership at PT Mega Citra Utama, a bauxite producer company from 80% to 99.5 percent
Antam said the additional share purchase was worth of US$605,000.
 
Antam has purchased  shares from Mega Citra shareholders Bram Agussaputra of 2,170 shares, and 853 shares of David Surya Agung. Antam subsidiary, PT Antam Resourcindo has purchased all David Surya’s shares, making its ownership to 0.5 percent.
 
Antam said the Mega Citra acquisition was aimed at supporting the company's production. Mega Citra is a mine company located in West Java. The mining site is estimated to have bauxite reserve of 60 million Mt.
 
On Friday, Antam's shares closed unchanged at Rp2,075 per share. 

More articles :

» RHB Bank to Issue Up to US$500 Million Notes

Theindonesiatoday.com - RHB Bank, a subsidiary of RHB Capital Berhad, which plans to acquire Bank Mestika Dharma in Indonesia, plans to issue multi-currency Euro medium term note of up to US$500 million.

» Air Asia Transfers One Aircraft to Indonesian Affiliate

Theindonesiatoday.com - AirAsia Berhad announces today that it had on 15 November 2011 entered into the third of a series of finance lease transactions with PT Indonesia AirAsia (IAA).

» Abterra Reports NO Revenue in Q1

Theindonesiatoday.com - SGX-listed resources trading company Abterra Ltd reported no sales revenue in the first quarter of 2011 against S$14.8 million in the same period last year on disruption of supplies.

» SGX Grilled PSL Holdings on Indonesia Coal Acquisition

Theindonesiatoday.com - Singapore Exchange (SGX) has grilled PSL Holdings Limited over its plan to invest in Sindo Resources Pte Ltd related to Indonesian coal projects.

» Delta Dunia Coal Output Down 6%

Theindonesiatoday.com - PT Delta Dunia Makmur (DOID) Tbk, parent company of mining contractor BUMA, produced 3.1 million tons of coal last month, down 6% from the previous month.

» IDX Ends Higher, Buying Focuses on Elang Mahkota, Surya Citra

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) ended higher by 0.92% at 3,814.82 in line with positive sentiment in regional markets.

» Huaneng Electricity Sales in China Grows 22%

Theindonesiatoday.com - Huaneng Power International Inc reported 22.03% growth of power generation within China last year. 

» IDX Closes Morning Up 0.4%

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) closed the morning trade higher 0.4% to 3,915.59 following the positive sentiment on regional market.

» MPG Finalizes Indonesian Transactions

Theindonesiatoday.com - Mining Projects Group (ASX: MPJ) has completed a ‘project finder’ mandate with a Singaporean based group to identify coal and gold exploration projects in Indonesia and expects to finalise a number of transactions in the...

» Vallar to Control 75% Bumi Resources Minerals

Theindonesiatoday.com - Vallar Plc, controlled by Bakrie Group, plans to purchase 75% shares of Bumi Resources Minerals (BRMS) and increase its ownership in Bumi Resources through a US$2.07 billion transaction.

» Saranacentral Trading Debut on Wednesday

Theindonesiatoday.com - PT Saranacentral Bajatama Tbk, which produces iron-zinc and aluminum coated steel, will kick off trading of its shares on the Indonesia Stock Exchange (IDX) Wednesday, December 21.

» Atria Axes Ownership in HD Capital Drops to 1.3%

JAKARTA, Indonesia Today - PT Atria Axes Management has divested 104.85 million shares or about 5% of the total issued shares of PT HD Capital (HADE) Tbk to undisclosed buyer.

» Bina Buana Raya Secures $4.6 Mln Ship-building Contract

Theindonesiatoday.com - PT Pelayaran Nasional Bina Buana Raya (BBR), the new subsidiary of Marco Polo Marine Ltd, has secured a new ship-building contract to construct two towing tugs and two deck cargo barges recently.

» PLN Suffers Rp100 Billion Loss per Month from PLTP Sarulla

 Theindonesiatoday.com - State electricity company PT Perusahaan Listrik Negara (PLN) suffers loss of Rp100 billion per month due to the stagnation of the geothermal power project (PLTU) in Sarulla, North Sumatera, Detikfinance.com reported.

» Bank CIMB Niaga to Loan Indomaret Rp100 Billion

JAKARTA, Indonesia Today - PT Indomarco Prismatama, controlled by Salim Group, will get Rp100 billion loan from PT Bank CIMB Niaga Tbk (BNGA) for funding its outlet expansion, Bisnis Indonesia reported this morning. Indomaret

 

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