LONDON: Indonesia Stock Exchange plans to cooperate with London Stock Exchange to develop a sharia capital market.London market authority has expressed its interest in developing…

JAKARTA: The government and related stakeholders will discuss price of mine mouth coal as part of its efforts to set a reference for miners and electricity plants.PLNs Primary…

JAKARTA: Indonesian stocks rose 0.18% or 7.06 point to 3,987.91 at the midday trading break supported by finance and miscellaneous industry shares.Jakarta Composite Index…

JAKARTA: Domestic car market is predicted to reach 850,000 units as supported by the increase of vehicle production and economic trend that continues to be conducive.Currently,…

JAKARTA: Roxxon Resources limited acquired 33.64% or 1.61 billion PT Star Petrochem Tbk shares per July 12, 2011.Based on PT Kustodian Sentral Efek Indonesia data, Roxxon…

JAKARTA: PT Indika Energy Infrastructure and PT LPG Distribusi Indonesia, subsidiaries of PT Indika Energy Tbk, established a new company namely PT Jatiwarna Gas Utama, mainly…

JAKARTA: Total underwriting value of equities and bonds this year is predicted to reach IDR100 trillion, repeating last year achievement, as companies is eager to seek financing…

JAKARTA: Mutual fund industry booked the highest record of asset under management (AUM) at IDR157.05 trillion in the first half of 2011 or soared by 9.81% compared to the…

JAKARTA: A retail player PT Hero Supermarket Tbk rose the most in three months or 9.43% to IDR5,800 on 11.54 a.m. local time as the company said its sale will exceed IDR8…

JAKARTA: PT Trans Lifestyle, a member of Para Group, has officially begun a tender offer for PT Anta Express Tour & Travel Service Tbks outstanding shares starting today.Trans…

JAKARTA: The state-controlled nickel and gold miner PT Aneka Tambang Tbk (Antam) will announce the name of lenders consortium to arrange US$1 billion financing for supporting…

JAKARTA: Transport Ministry provides opportunity for private companies to win Kalibaru Terminal project bid although PT Pelabuhan Indonesia II has obtained right to match…

JAKARTA: Indonesian shares swung between gains and losses at the opening session as investor cautios on United States credit review.Jakarta Composite Index decreased 0.002%…

JAKARTA: Capital Market and Financial Institution Watchdog (Bapepam-LK) will investigate four investment institutions with regard to a violation on Capital Market Regulation…

JAKARTA: The investors asked the government to make clear on the policy direction to boost the utilization of new energy and renewable energy in Indonesia.Executive Director…

JAKARTA: PT Tambang Batu Bara Asam Tbk is projected to book IDR1.5 trillion net profit or 65.18% higher than IDR908.11 billion on the same period last year.The higher profit…