JAKARTA: State utility PT Perusahaan Listrik Negara has appointed four underwriters to issue bonds worth US$1.5 billion-US$2 billion to fund investments and expansions.The…

JAKARTA: Six general insurance and three life insurance companies are still overshadowed by business license revocation associated with the inability to meet the IDR40 billion…

JAKARTA: Indonesia's largest phone company PT Telekomunikasi Indonesia Tbks revenue in the first half probably grew between 5%-7% year-on-year, meeting its target.In the…

JAKARTA: Sales of compact fluorescent lights for the local market probably reached US$120 million in the first half, thanks to the state utility's move to temporarily waive…

JAKARTA: Limited capital is suspected to be the main cause of revocation of the insurance brokerage business licences in the last one and a half years following regulation…

JAKARTA: PT Pertamina confirmed price of 50 kg LPG will increase by 10% at the end of June since the current fuel price is considered irrelevant with economical price.The…

JAKARTA: Indonesian stock advanced helped by the rebound of finance and miscellaneous shares at the midday trading break today.Jakarta Composite Index (JCI), which measures…

JAKARTA: PT Pemeringkat Efek Indonesia (Pefindo) upgraded the ratings of PT Duta Pertiwi Tbk, a property arm of Sinarmas Group, and the company's bond V/2007 to "idBBB+"…

JAKARTA: Toll road operator PT Jasa Marga Tbk finally decided the portion of dividend to share as much as 60% of its 2010 profit.Shareholders of the company decided the payment…

JAKARTA: PT Aneka Tambang Tbk, an Indonesian based mining company, is creating the final list of investment banks having capacity to be creditors of a ferronickel project,…

JAKARTA: PT Newmont Nusa Tenggara has secured US$600 million loan facility from 16 banks, employing 4.25% of London Interbank Offered Rate (Libor), aiming to finance the…

BANDUNG: PT Telkom Tbk offers government cloud computing service or known as G-Cloud is able to minimize cost up to 95%.Director Enterprise & Wholesale of PT Telkom Tbk Arief…

JAKARTA: PT BCA Finance--a unit of Indonesias largest private bank by market value PT Bank Central Asia Tbk-- plans to increase its bonds issuance to IDR1.1 trillion from…

JAKARTA: PT Asia Pacific Fibers Tbk, a manufacturer of chemical products, expects revenue growth to be flat this year at IDR4.46 trillion, as the company opted to set a conservative…

JAKARTA: International container ships will use Belawan International Container Terminal as transshipment following the addition of container loading-unloading equipments…

JAKARTA: Indonesian stock advanced following its rebound yesterday helped by the rebound of blue-chip shares, including PT Astra International Tbk.