JAKARTA: PT Asuransi Jiwa Mega Life, owned by Para Group and Sinar Mas Group, together with PT Telekomunikasi Selular released a life insurance product.The cooperation agreement…
JAKARTA: National coal consumption has only reached 12.77 million tons during January-May or 12.69% of the total outputs in same period at 100.61 million due to delay on…
JAKARTA: PT Indonesia AirSia released AirAsia Insure, an insurance service to protect passengers while traveling and after the flight.AirAsia Insure is supported by 2 insurance…
JAKARTA: PT Bank Danamon Indonesia Tbk fell 3.45%, the most in three months, to IDR5,600 following the plan to conduct rights issue to strengthen its capital.Although management…
JAKARTA: The growth of Sharia mutual funds stalled in the end of June 2011 following the limited launch of new Sharia products in the past three months.Based on the capital…
JAKARTA: PT Asuransi Parolamas booked IDR96.18 billion gross premium income in the first half of 2011 or increased 35.29% than the same period last year.The realization has…
JAKARTA: PT Prakarsa Semesta Alama, the developer of Essence Darmawangsa apartment issued IDR54 billion medium term notes (MTN).The company appointed PT BNI Securities as…
JAKARTA: Indonesian shares gained 0.01% or 0.23 point at the opening session. Indonesian stocks is predicted to remain in the mixed trend today as investors in global and…
JAKARTA: Energy and Mineral Resources Ministry has requested the National Development Planning Agency (Bappenas) to revise national geothermal development target to 2,170…
JAKARTA: Production of local heavy equipment until mid of this year had reached 3,400 units or more than a half of 2011s production target by 6,000 units.The production runs…
JAKARTA: PT Intraco Penta Tbk will issue IDR200 billion-IDR220 billion medium term notes in the end of the month or in early August.The proceed will be used to expand the…
JAKARTA: PT Bank Danamon Indonesia Tbk is planning to conduct rights issue to strengthen its capital. Although management has not detail the total issued shares, one source…
JAKARTA: PT Permata Tene has allocated IDR1.2 trillion-IDR1.5 trillion investment to establish a white-crystal sugar plant with a capacity to 115,200 tons per year.Later,…
JAKARTA: PT Dian Swastika Sentosa Tbk through its subsidiary PT Borneo Indobara disbursed US$3.3 million or IDR29.7 billion loan facility to PT Golden Energy Mines.Such loan…
JAKARTA: Ephindo Energy Private Ltd and Consortium of Deep Industries Limited-Monnet Ispat & Energy Limited won the bid on coal methane gas work areas with a total definite…
BOGOR: The government will provide tax allowance for infrastructure investors following another 127 working field mentioned in the revised attachment of Presidential Decree…
JAKARTA: Government provides an opportunity to import rice when a great harvest time comes in order to secure food supply in Indonesia.The regulation on the rice import in…
JAKARTA: Indonesia listed shipping company, PT Wintermar Offshore Marine Tbk has secured US$27 million loan from PT Bank Mandiri Tbk, used to purchase new vessels.The company…
JAKARTA: The Jakarta Composite Index is likely to fluctuate, overshadowed by profit taking today, after it closed 0.42% higher at 3,997.64 yesterday.Stocks to watch than…
SURABAYA: Three Chinas state-owned companies are interested to invest US$3 billion in a number of infrastructure projects in East Java, including port, highway and train…