11:25 pm January 30, 2015 | No Comment
Support services firm Rig Tenders Indonesia reported an increased loss last year as the cost of doing business increased.
9:45 pm January 30, 2015 | No Comment
Jack Ma’s fortune dropped $1.4 billion on Thursday, the most among the world’s 400 richest people, as Alibaba Group shares posted a record slump after the company missed revenue estimates.
9:17 pm January 30, 2015 | No Comment
Bank ICBC Indonesia, the local unit of ICBC, the world’s largest lender by total assets, raised $500 million selling three-year bond to help finance its loan expansion, the company said in a statement on Friday.
9:14 pm January 30, 2015 | No Comment
Adaro Energy, one of the country’s largest coal miners, booked a slower growth in coal sales and production last year amidst a persistent decline in global coal prices.
8:23 pm January 30, 2015 | No Comment
Listed health care firm Siloam International Hospitals is projecting its net operating revenue will grow by 49 percent this year, amid rising demand for health services.
8:15 pm January 30, 2015 | No Comment
Vice President Jusuf Kalla said on Friday that mining giant Freeport Indonesia must build its smelter in Papua and not in Gresik, East Java, as the company had planned.
6:27 pm January 30, 2015 | No Comment
Budget airline AirAsia resumed online promotions and advertising this week, a month after a plane operated by its Indonesia affiliate crashed into the Java Sea, killing all 162 people on board.
3:53 pm January 30, 2015 | No Comment
UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday.
2:31 pm January 30, 2015 | No Comment
Blue Bird, Indonesia's biggest taxi operator, said the daughter of its late founder is seeking up to Rp 6.65 trillion ($527 million) in compensation for the company's use of the Blue Bird Taxi brand and Blue Bird logo.
12:19 pm January 30, 2015 | No Comment
Just four bits of information gleaned from a shopper’s credit card can be used to identify almost anyone, suggesting that even anonymous big data sets can breach individual privacy, researchers said on Thursday.
11:25 pm January 29, 2015 | No Comment
Two major lenders in Indonesia posted drastically different financial performances last year, with one enjoying profit growth at a double-digit rate and the other seeing a decline in gains.
11:16 pm January 29, 2015 | No Comment
Matahari Department Store opened a new store in Singkawang, West Kalimantan, to tap the economy prospects in the region, the publicly-listed company said in a statement on Thursday.
11:08 pm January 29, 2015 | No Comment
Courts Asia, the operator of retailer Courts Megastore, began with construction of its second outlet in Indonesia on Thursday, as the company races to tap into the country’s growing middle-income group. The three-storey structure will boast 20,400 square meters of retail space in Bumi Serpong Damai, a satellite city located south of Jakarta, said Terence […]
6:46 pm January 29, 2015 | No Comment
Uber Technologies, the San Francisco-based taxi booking app developer, is set to launch its low-cost service in Jakarta on Friday in its continued quest to conquer taxi services in Southeast Asia’s most populous nation.
3:07 pm January 29, 2015 | No Comment
Oil major Royal Dutch Shell said on Thursday it would curtail spending by $15 billion over the next 3 years while keeping dividends stable in a bid to calm investors amid plunging oil prices.
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