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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:

Telco

Theindonesiatoday.com - HT Mobile, a leading mobile phone distribution company in Indonesia, has awarded initial orders for two new 2.75G phone models to SinoHub, a producer of ECP, private label, and custom design mobile manufacturing and sales in China.

Shipments of the new models are scheduled December 2010. HT Mobile has given indications to SinoHub that it anticipates ordering between 200,000 and 300,000 units of each model from during 2011.

"We are delighted to secure additional phone orders from HT Mobile, a leading distributor in Indonesia and a highly valued customer to whom we have shipped approximately 300,000 handsets to date," said Harry Cochran, CEO of SinoHub.

"These anticipated orders along with indications for additional models, give us confidence we will produce over 1 million phones for HT Mobile during 2011, which will be roughly equal to our entire production for all customers during 2010."

After launching in 1999 as a distributor for Siemens AG, HT Mobile grew steadily into 2005 when HT Mobile's management was involved in the transition of the Siemens AG partnership to a BENQ Siemens AG relationship. In 2007, the company launched its own brand, with the HiTech brand officially launched as the first mobile TV device in Indonesia.  Within the third month of HiTech's launch, the product was sixth in GSM phone sales in the region, as a mobile TV pioneer.  

Since 2007, HT Mobile has grown to offering more than 40 mobile phone brands, while steadily growing its market share in the Indonesian market.  In 2008, the HiTech brand became the top selling mobile TV device, with a new management team focused on building upon long-term customer relationships, and expanding its mobile phone coverage and services. (Theindonesiatoday.com)


More articles :

» Pertamina Postpones LPG Price Hike

Theindonesiatoday.com - Government has asked Pertamina to review its plan to raise the price of liquefied petroleum gas (LPG) for industrial customers.

» BI Imposes Harsh Sanctions on Bank Mega

Theindonesiatoday.com - Bank Indonesia (BI) announced Tuesday it was imposing severe sanctions on Bank Mega following embezzlement of Rp111 billion funds owned by PT Elnusa in the bank.

» First Resources Incorporates CPO Distribution Unit

Theindonesiatoday.com - First Resources Limited announces today that it has incorporated a wholly-owned subsidiary under the name of First Resources Trading Pte. Ltd. (FRT) with an initial issued and paid-up capital of US$2.00.

» Regional Markets Open Mostly Down

Theindonesiatoday.com - Regional stock markets opened mostly down this morning to tracking Wall Street and European markets.

» Demands Better Welfare, Judges Hold Public Rallies

JAKARTA, Indonesia Today - Dozen of judges, as representatives from various courts in the country, namely district court, state administrative court, and religious judicature, will stage public rallies at the Supreme Court and Judicial Commission...

» IDX, Regional Indexes Open Higher, Tracking Wall Street

Theindonesiatoday.com - Composite index of the Indonesia Stock Exchange (IDX) opened higher this morning by 0.39% at 3,789.27 in line with regional markets.

» Premier Oil Claims Progress in Indonesian Projects

Theindonesiatoday.com - Premier Oil says its Indonesian projects continue to progress according to project schedules and is presently working to deliver the next phase of approvals on Block A Aceh over the next six months.

» Coal Slips Further, Bukit Asam Lost 16.7%

Theindonesiatoday.com - Thermal coal spot prices ended the week of October 7, 2011 mostly lower, in contrast to recovery in the crude oil market.

» Wilmar Posts 34% Decline in Q1 Profit

SINGAPORE, Indonesia Today - Wilmar International Ltd posted a 34% decline in net profit to US$255.9 million for the first quarter ended March 31, 2012.

» Arrow Acquires 80% Plantation Site in East Kalimantan

Theindonesiatoday.com - Arrow Resources Development, Inc. has acquired an 80% equity interest in a development site in East Kalimantan from Du Motier International.

» Indika Gains Rp738 Billion from Petrosea Sales

JAKARTA, Indonesia Today - PT Indika Energy Tbk (INDY) records Rp738 billion gain from re-selling 28.99 million shares, or 27.5% of enlarged capital, of PT Petrosea Tbk (PTRO), Bisnis Indonesia reported this morning.

» Indosat Selects ADVA Optical for Banking Customers Data Center

Theindonesiatoday.com - Indosat has deployed ADVA Optical Networking's FSP 3000 to support data center connectivity solutions for the Indonesian service provider's banking customers. 

» United Tractors Distributes New Hydraulic Excavator

Theindonesiatoday.com - Heavy equipment supplier, mining contractor, and coal producer PT United Tractors Tbk (UNTR) distributes new product "Komatsu HB205-1 Hybrid Hydraulic Excavator", targets 100-150 units sales this year,...

» Standard Chartered Q1 Profit Soars 249%

Theindonesiatoday.com - Standard Chartered Bank, Indonesian branch, posted profit after tax of Rp291.51 billion in the first quarter (Q1) of 2011, soared 249% from Rp83.47 billion in the same period of last year.

» CapitaMalls Q2 Profit Doubles to S$165M

Theindonesiatoday.com - CapitaMalls Asia Limited, one of the largest listed shopping mall developers, owners, and managers in Asia by total property value of assets, posted profit after tax and minority interest (PATMI) of S$164.9 million for...

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