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Market Factors to watch – April 26

27-Apr-2012 Intellasia | Reuters | 7:05 AM

Following is a list of events in Indonesia, business highlights from newspapers and factors that may influence financial markets. PRESS DIGEST PERTAMINA READY TO UP SUPPLY OF [...]
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Indonesia’s Citilink to buy 11 planes this year

27-Apr-2012 Intellasia | Eastday | 7:05 AM

Citilink, the low-cast subsidiary of Indonesia’s leading carrier PT Garuda Indonesia, will add 11 planes this year, President director of Garuda Emirsyah Satar said [...]
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Bank Mandiri Q1 net falls, eyes bond sale

27-Apr-2012 Intellasia | Reuters | 7:05 AM

Bank Mandiri, Indonesia’s biggest lender, said on Wednesday its first quarter net profit fell 10.5 percent from a year ago when it benefited from a stake sale, though [...]
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Indonesian plan to cap fuel sales put on hold

26-Apr-2012 Intellasia | Jakarta Globe | 7:05 AM

A planned government cap on the sale of subsidised fuel for vehicles will not come into force in May as initially planned and the president is seeking input from several [...]
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Indonesia seeks ‘reciprocity’ on Corby clemency

Indonesia seeks ‘reciprocity’ on Corby clemency

25-Apr-2012 Intellasia | AFP | 7:52 AM

Indonesia’s justice minister said Tuesday he did not oppose reducing Australian drug trafficker Schapelle Corby’s jail term, but suggested Indonesians in [...]
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Indonesia police probing French embassy threat

Indonesia police probing French embassy threat

25-Apr-2012 Intellasia | AFP | 7:44 AM

Three French embassy staff in the Indonesian capital were kept in isolation overnight after coming into contact with a suspicious package, embassy officials said on Tuesday. [...]
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Plane makers rake in spoils from Indonesia bonanza

Plane makers rake in spoils from Indonesia bonanza

25-Apr-2012 Intellasia | AFP | 7:05 AM

x Buoyed by rapid economic growth, Indonesia has become a bonanza for international plane makers who are booking some of the world’s biggest sales as Western airlines [...]
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S&P warns on Indonesia policy moves, forgoes rating upgrade

25-Apr-2012 Intellasia | Reuters | 7:05 AM

Indonesia’s recent policy moves bode ill for Southeast Asia’s largest economy, ratings agency Standard and Poor’s warned on Monday, forgoing an expected [...]
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Indonesia to auction brokerage seats, approves M Stanley licence

Indonesia to auction brokerage seats, approves M Stanley licence

25-Apr-2012 Intellasia | Reuters | 7:05 AM

Indonesia’s stock exchange said on Monday it plans to auction five brokerage seats this year, and sees interest from foreign players to follow Morgan Stanley’s [...]
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Indonesian developer invests $100m in java wind farm

25-Apr-2012 Intellasia | Jakarta Globe | 7:05 AM

Wind farm developer UPC Renewables Indonesia plans to invest up to $100 million for a wind farm on the south Java coast to tap into Indonesia’s growing demand for [...]
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Fitch says Indonesia rating factored in slowing reforms

25-Apr-2012 Intellasia | Today Online | 7:05 AM

Fitch Ratings said on Monday its investment grade rating for Indonesia has factored in slowing government reforms ahead of presidential elections in 2014, following a [...]
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Indonesia Q1 FDI up 30 pct, led by mining

25-Apr-2012 Intellasia | Reuters | 7:05 AM

Indonesia’s foreign investment surged in the first quarter of this year, boosted by an investment-grade credit rating from Moody’s, and the investment board [...]
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Indonesia signs deal for $10.9b bridge linking Sumatra to Java

Indonesia signs deal for $10.9b bridge linking Sumatra to Java

24-Apr-2012 Intellasia | Jakarta Globe | 7:05 AM

The islands of Java and Sumatra are a step closer to being linked for the first time in their history by Indonesia’s largest-ever infrastructure project. The China [...]
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No upgrade for Indonesia as S&P decries policy slippage

24-Apr-2012 Intellasia | Jakarta Globe | 7:05 AM

Indonesia’s push to lure investment is at risk from “policy slippages” such as the failure to cut fuel subsidies, said Standard & Poor’s, the only [...]
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Indonesia vice energy minister dies while hiking

Indonesia vice energy minister dies while hiking

23-Apr-2012 Intellasia | AFP | 7:44 AM

Indonesia’s deputy energy minister, a key policy maker in the government’s drive to tighten mining regulations, died after he collapsed while hiking on Saturday, [...]
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