7:05 pm May 22, 2015 | No Comment
Asia Pacific Resources International Limited, known as April, a management company that controls the pulp and paper businesses of the Tanoto family, held a ground-breaking ceremony for a new Rp 4 trillion ($305 million) paper production facility in Riau province on Friday.
7:00 pm May 22, 2015 | No Comment
After pulling off the rare defeat of an activist investor, DuPont Chief Executive Officer Ellen Kullman has emerged as the new corporate champion of the value of long-term research over short-term profits.
6:47 pm May 22, 2015 | 1 Comment
Shares of Indonesian television operators have fallen over the past week due to a proposed ban on cigarette advertising on television that puts at risk a market estimated to be worth nearly $300 million last year.
6:42 pm May 22, 2015 | No Comment
UBS Group, in its bid to escape US criminal charges of manipulating currency markets, turned to “the godfather of leniency.”
6:06 pm May 22, 2015 | No Comment
The Greek economy risks being more a submerging market than an emerging market.
5:58 pm May 22, 2015 | No Comment
Jakarta will host the annual New Cities Summit 2015 next month, drawing urban leaders and thinkers from all around the world to discuss issue in city's burgeoning youthful and urban population.
5:58 pm May 22, 2015 | No Comment
Janet Yellen is haunted by the taper tantrum as the Federal Reserve lays the groundwork for its first interest-rate increase in almost a decade.
5:51 pm May 22, 2015 | No Comment
Bank Indonesia, the central bank, said it will cut down payment requirement for first-time home buyers to 20 percent from 30 percent now, in a move to encourage more lending and boost economy growth.
5:42 pm May 22, 2015 | No Comment
Hewlett-Packard acknowledged its Chinese unit’s “disappointing” performance twice this year, following new restrictions on foreign technology vendors. Now it has given up control of the $4.5 billion business to try to change its fortunes.
5:12 pm May 22, 2015 | No Comment
OPEC will stick with the strategy of favoring market share over prices when it meets next month because rival producers are already starting to buckle.
4:55 pm May 22, 2015 | No Comment
Willie McTuggie looks like a photocopier on wheels. But he — it, actually — has the engineered brain of a reasonably smart human, and acts like one when when he rolls up to a nurse’s station, opens a drawer, retrieves a dose of pills and glides off to make a delivery.
4:44 pm May 22, 2015 | No Comment
HSBC Asia Pacific has made a Rp 17.2 billion ($1.31 million) bid for a tiny fraction of shares in Indonesia’s Bank Ekonomi Raharja still held by the public, as it moves toward merging the bank with its local unit.
4:04 pm May 22, 2015 | No Comment
Companies the world over have used interest payments to shrink their tax bills for decades. Indonesia, faced with record private debt, is trying something different.
3:52 pm May 22, 2015 | No Comment
Move over, Shanghai. The fastest growing city in Asia over the next five years will be Delhi, according to Oxford Economics. Chinese cities make up only three of its top 10 list, with India accounting for six. Ho Chi Minh City is the sole outsider beyond the two giants.
3:52 pm May 22, 2015 | No Comment
Japan’s foreign investments and assets climbed to a record in 2014, keeping it in front of China and Germany as the world’s top creditor nation.
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