10:26 pm October 1, 2014 | No Comment
Indonesian state energy company Pertamina signed a $2 billion deal with units of Murphy Oil Corporation, an Arkansas-based oil and gas exploration and production company, to acquire a 30 percent stake in Malaysian oil and natural gas assets.
9:18 pm October 1, 2014 | No Comment
Bank Mandiri, the country's largest lender by assets, appointed Rohan Hafas as its new corporate secretary on Wednesday.
9:16 pm October 1, 2014 | No Comment
State-owned miner Antam signed a memorandum of understanding with US engineering firm FLSmidth on Wednesday in a bid to boost plant efficiency and productivity.
9:16 pm October 1, 2014 | No Comment
Indonesia's main stock index rose slightly on Wednesday, as property and finance companies shares improve after country's inflation number came out lower than expectation.
9:00 pm October 1, 2014 | No Comment
Indonesia’s second-largest telecoms firm XL Axiata said it has agreed to sell 3,500 telecommunication towers to Solusi Tunas Pratama for Rp 5.6 trillion ($460 million).
8:45 pm October 1, 2014 | No Comment
Thailand’s annual inflation slowed to a nine-month low of 1.75 percent in September, and the core rate eased to 1.73 percent, giving the central bank room to keep interest rates low and help the economy recover from months of unrest.
8:41 pm October 1, 2014 | No Comment
Pertagas Niaga, a subsidiary of Pertamina Gas, intends to supply 1 million standard cubic feet per day of gas to seven malls of Lippo Mall Indonesia, a subsidiary of property developer Lippo Karawaci, starting next year.
8:06 pm October 1, 2014 | No Comment
Prime Minister Narendra Modi’s plan to develop India includes creating toilet access for all 1.2 billion people and opening a bank account for every adult who does not already have one. India’s state-owned lenders are being called on to do both, threatening to erode profits and add expenditures at firms saddled with nonperforming loans.
7:59 pm October 1, 2014 | No Comment
In February, eBay chief executive John Donahoe appeared on Bloomberg Television with a message: Billionaire activist investor Carl Icahn is wrong and PayPal is stronger as part of the online marketplace. On Tuesday, just seven months later, Donahoe announced he had decided to split off PayPal as a separate company from eBay — exactly what Icahn had proposed.
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