7:20 pm July 27, 2015 | No Comment
Indonesia's main stock index, on Monday, slipped to lowest since April 10, 2014, following its regional peers in Asia and amid poor positive sentiments.
6:15 pm July 27, 2015 | No Comment
Jakarta. Publicly-listed Energi Mega Persada, an upstream oil and gas company, on Monday released a statement saying it has raised approximately Rp 446 billion ($33 million) from selling new shares through private placement, the proceeds of which will be used to improve liquidity and boost production at the company. The company said it has issued […]
4:23 pm July 27, 2015 | 1 Comment
State-controlled Semen Indonesia, the country's largest cement manufacturer, plans to spend up to $4.3 billion in capital expenditure within the next five years to expand its production capacity.
3:48 pm July 27, 2015 | 4 Comments
Jakarta. Indonesia's hike in import duty for consumer goods will bring in an additional 800 billion rupiah ($59.42 million) in the second half of 2015, but this is only a small part of the full-year revenue target, a finance ministry official said on Monday.
3:23 pm July 27, 2015 | 1 Comment
State lender Bank Mandiri, the biggest bank in Indonesia by assets, projected a slight pickup in lending growth during the first half of the year in the middle of a nationwide economic slowdown.
3:03 pm July 27, 2015 | No Comment
Tin shipments from smelters in Indonesia, the world’s top exporter of the metal, are expected to tighten in coming weeks due to a change in export rules that is likely to underpin prices.
2:23 pm July 27, 2015 | No Comment
Lahaina, Hawaii. Pacific Rim officials meet in Hawaii this week for talks that could make or break an ambitious trade deal which aims to boost growth and set common standards across a dozen economies ranging from the United States to Brunei. Trade ministers go into the talks, which run from July 28 to 31 on […]
2:13 pm July 27, 2015 | No Comment
Addressing a unique market need to connect wedding vendors with engaged couples, Bridestory has established itself as one of the fastest growing start-ups in Indonesia.
2:00 pm July 27, 2015 | No Comment
West Java provincial government set to get approvals for its long-awaited municipal bond, slatting an issuance of infrastructure debt paper next year, which would lay precedence for other regions to raise financing from market.
1:33 pm July 27, 2015 | No Comment
The president of Mitsubishi Motors said Japan, SouthEast Asia and Russia will become the automaker's principal production hubs after it calls time on making cars in the United States later this year because of dwindling output there.
1:20 pm July 27, 2015 | No Comment
Intercontinental Exchange will launch its Singapore platform later in the year, the bourse said on Monday, following delays after China opposed the inclusion of cotton and sugar futures that would use Chinese prices as references.
1:09 pm July 27, 2015 | No Comment
Indian jewellery firm Rajesh Exports said on Monday it has bought Valcambi, the world's largest gold refining company, in an all-cash deal worth $400 million as it looks to secure raw material supplies at competitive prices.
1:02 pm July 27, 2015 | No Comment
Billionaire Gina Rinehart has bought a West Australian cattle station, further expanding into the country's farm sector with a deal that positions the mining magnate to profit from a recent Australian live cattle-export agreement with China.
12:38 pm July 27, 2015 | No Comment
South Korea said on Monday the government and major local industry associations have agreed to create some 200,000 jobs for young people until 2017, ahead of an expected temporary rise in job shortages.