12:32 pm February 27, 2015 | No Comment
Indonesia's central bank signaled that it is comfortable with the drop in the rupiah as it makes exports more competitive in Southeast Asia's largest economy, a Bank Indonesia senior deputy governor said on Friday.
12:27 pm February 27, 2015 | No Comment
Nissan Motor will be able to meet its goal of taking 10 percent of the U.S. market in two years without any major new investments and by making use of capacity available at factories in Japan and South Korea, a top executive said on Friday.
12:23 pm February 27, 2015 | No Comment
Minister Indroyono visited the offices of BeritaSatu Media Holdings on Thursday, where he explained his “mega-tasks,” such as safeguarding Indonesia’s maritime sovereignty, accomplishing infrastructure projects worth more than Rp 1,000 trillion ($7.7 billion), while securing billions of dollars in state revenue from the nation’s natural resources.
12:19 pm February 27, 2015 | No Comment
The world's biggest rice sellers, Thailand and Vietnam, are likely to win government-to-government deals to supply a total 500,000 tonnes of the grain to the Philippines, which is seeking to build its buffer stock ahead of a lean harvest season.
10:56 pm February 26, 2015 | No Comment
Mitra Keluarga Karyasehat, one of the country’s biggest hospital operators, expects to raise up to $361 million from its planned initial public offering next month, which will be used in order to expand its hospital network over the next five years.
10:48 pm February 26, 2015 | 1 Comment
General Motors International is closing its assembly plant in Bekasi, on the outskirts of Jakarta, at the end of June in a move that will lead to 500 job cuts.
10:43 pm February 26, 2015 | No Comment
Indonesia’s biggest automotive distributor Astra International saw profits decline slightly last year, as improved results from the company’s agribusiness, contract mining operations and financial businesses were offset by lower earnings from its automotive business, the company said in a statement on Thursday.
10:34 pm February 26, 2015 | No Comment
Kaskus, Indonesia’s first and biggest online community platform, is making developments to improve its classifieds business this year in hopes of tapping into the growing consumer demand of the country’s young and urbanized middle class.
10:25 pm February 26, 2015 | No Comment
HI Gasification Indonesia, a subsidiary of Japan-based IHI Corporation, commenced operations on Thursday of a prototype plant that converts brown coal to gas, marking the first step for a Japanese technology that will provide an alternative raw material for the production of fertilizer in Indonesia.
8:44 pm February 26, 2015 | No Comment
Sucorinvest Central Gani, a Jakarta-based brokerage, will underwrite initial public offerings of a nickel miner, a finance group and a tourism company aiming to raise a total of $116.8 million this year, matching from last year’s earnings.
8:39 pm February 26, 2015 | No Comment
Bilateral trade between Indonesia and Brazil remains stable, despite rising diplomatic tension between the two countries over the past week, the Trade Ministry said on Wednesday.
6:09 pm February 26, 2015 | 3 Comments
Malaysia will increase incentives for companies to relocate operations to the country as it seeks more foreign investments to bolster growth.
5:55 pm February 26, 2015 | No Comment
Whitesky Aviation first flew in 2002 as a small air charter serving tourists traveling to the islands of Karimun Jawa, located about 80 kilometers northwest of Jepara in Central Java.
5:35 pm February 26, 2015 | No Comment
Janet Yellen sparred with Republican lawmakers in the most heated exchange in her yearlong tenure as Federal Reserve chair, highlighting the central bank’s exposure to growing demands for greater oversight from Congress.