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BP to Invest US$11 Billion in Tangguh, Deliver Train 3 PoD Tomorrow

BP to Invest US$11 Billion in Tangguh, Deliver Train 3 PoD Tomorrow  

JAKARTA, Indonesia Today - British Petroleum (BP) Plc plans to invest US$11 billion for Tangguh LNG Block and will deliver…

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BP to Sign Domestic Gas Supply Contract Tomorrow

BP to Sign Domestic Gas Supply Contract Tomorrow  

JAKARTA, Indonesia Today - BP Plc is going to sign Memorandum of Understanding (MoU) with Indonesian Government for 230 million…

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Govt to Issue Contract Renewal Regulation for Oil & Gas Blocks This Year

Govt to Issue Contract Renewal Regulation for Oil & Gas Blocks This Year  

JAKARTA, Indonesia Today - Ministry Regulation about Contract Renewal for Oil & Gas Blocks is scheduled to be issued this…

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Oil Price Approaches $90, Coal Stocks Tumbled

Oil Price Approaches $90, Coal Stocks Tumbled  

JAKARTA, Indonesia Today - Coal stocks at the Indonesia Stock Exchange (IDX) tumbled this afternoon (May 23) along with the…

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Kalbe Farma to Pay Dividend Rp891 Billion

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…

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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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Latest News

Bumi Plc Falls 8%, Bayan Lost 7%

LONDON, Indonesia Today - Bumi Plc, controlled by Bakrie Group, Samin Tan, and Nathaniel Rothschild, retreated 8% in the opening ho...

Stocks | Wednesday, 23 May 2012

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Wa Ode Promises to Reveal the “Budget Game” in Trial

JAKARTA, Indonesia Today - Wa Ode Nurhayati, member of the House Budget Body (Banggar) from National Mandate Party (PAN) and gr...

Corruption | Wednesday, 23 May 2012

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Java Island Plotted as Main Electricity Storage for Indonesia

JAKARTA, Indonesia Today - President Director of PT PLN Nur Pamudji proposes to establish Java as the main electricity storage in...

Energy | Wednesday, 23 May 2012

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Pyridam Seeks 12% Growth This Year

JAKARTA, Indonesia Today - Pharmaceutical company PT Pyridam Farma (PYFA) Tbk plans to boost production and launch new products in ...

Pharmaceuticals | Wednesday, 23 May 2012

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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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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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Latest News:

Internet

SINGAPORE, Indonesia Today - Westcon Group acquires the business of PT Netpoleon, a distributor of security, networking, and convergence solutions in Indonesia. 

Westcon Group is a value-added distributor of category-leading unified communications, network infrastructure, data center, and security solutions with a global network of specialty resellers.

"The acquisition strengthens Westcon's extensive security, networking and unified communications portfolio.  It also marks the company's first significant presence in Indonesia, building on Westcon's global footprint in the ASEAN market," Westcon said in a press statement Thursday.

Founded in 2000, PT Netpoleon provides channel partners with a broad array of services -- ranging from managed services and maintenance to implementation and training services.  PT Netpoleon's business will merge into Westcon Group, trading as PT Westcon Group. Netpoleon co-founder Edward Lim, however, will continue to lead the Indonesian business and manage its daily operations. (Indonesia Today)


More articles :

» Golden Agri 9 Months Profit Doubled

Theindonesiatoday.com - Golden Agri-Resources Ltd. booked net profit of US$520 million in first 9 months of 2011, doubled from US$254 million in the same period of last year.

» AirAsia Operates 17 Airbus 320 Planes

JAKARTA, Indonesia Today - Airline company PT Indonesia AirAsia today operates 17 Airbus 320 planes and targets to operate 34 units by 2015, Bisnis.com reported.

» Bakrie Telecom 'CCC+' Ratings Placed On CreditWatch

MUMBAI, Indonesia Today – Standard & Poor’s Ratings Services had placed its 'CCC+' long-term corporate credit rating on Indonesia-based limited mobility wireless operator PT Bakrie Telecom Tbk. (BTEL) on CreditWatch with developing implications....

» Coal Fe Maintains Stable Coal Production from Kalimantan

Theindonesiatoday.com - Coal Fe Resources Ltd aims to commence stable coal production and shipment of 50,000 metric tons per month in the upcoming quarter before achieving next production target of 80,000 tons from its East Kalimantan coal mine.

» Govt Auctions Off Leftover Assets of IBRA & BLBI

Theindonesiatoday.com - Ministry of Finance has kicked off the auction of leftover assets from Indonesia Bank Restructuring Agency (IBRA) and debtors linked to the controversial Bank Indonesia Liquidity Assistance (BLBI).

» AGO Drops Kiani Kertas Case

Theindonesiatoday.com - Attorney General's Office has dropped its investigation into PT Kiani Kertas (now PT Kertas Nusantara) as it found no losses to the State in the case.

» Tiger Airways to Review Thai Tiger Partnership

Theindonesiatoday.com - In response to media reports, Tiger Airways Holdings Limited announces today that no change in the status of the Thai Tiger project.

» Bumi Resources Minerals Drops 5% Despite Vallar Acquisition Plan

Theindonesiatoday.com - The shares of Bumi Resources Minerals (BRMS) ended substantially lower by 5.06% today despite the US$2 billion acquisition plan launched by Vallar Plc.

» World Bank Funds Cisokan Hydropower Plant

Theindonesiatoday.com - World Bank has officially signed loan agreement with Indonesian Government as well as project agreement with PT PLN in order to establish the Hydro Power Plant Upper Cisokan Pumped Storage 4x260MW in West Java.

» Akram Resources to Commence Copper Drilling in Papua

SYDNEY, Indonesia Today - Hillgrove Resources Ltd says its 80%-owned subsidiary, PT Akram Resources, will commence drilling on the Bird’s Head Copper Project, West Papua by Q2 2012.

» Agus Marto Ready to Resign over Newmont Divestment Dispute

Theindonesiatoday.com - Finance minister Agus Martowardojo said he's ready to resign from the cabinet if there are mistakes in his decision to have Pusat Investasi Pemerintah (PIP) purchasing 7% shares in PT Newmont Nusa Tenggara (NNT).

» SUM Claims More Gold-Copper in Bengkulu

Theindonesiatoday.com - Sumatra Copper & Gold Plc claimed more significant gold drilling results at the Lusang North Prospect, Tandai Gold Project, Bengkulu.

» China Trims Growth Target, Miners Lost Ground

JAKARTA, Indonesia Today - Mining stocks tumbled worldwide Monday to respond China's decision to trim economic growth target this year.

» Bakrie to Invest $5 Billion in Electricity for 5 Years

Theindonesiatoday.com - Investment company PT Bakrie & Brothers Tbk (BNBR) allocates US$5 billion fund for funding investment in energy sector in the next 3-5 years, Bisnis Indonesia reported this morming.

» IDX Closes Morning Up 0.5%

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) closed morning trade up 0.5% at 3,819.70 in line with gains in regional markets.

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