8:53 pm February 27, 2015 | No Comment
A day after announcing it is to stop making GM-branded cars in Indonesia, General Motors said on Friday it would cease production of its Chevrolet Sonic in Thailand by the middle of this year.
5:35 pm February 27, 2015 | No Comment
Samsung Electronics will unveil its next smartphones this weekend, with the focus on whether they can draw customers from Apple. The real question may be whether the phones can pull customers from Qualcomm and Sharp.
5:22 pm February 27, 2015 | No Comment
Airbus plans to boost production of its workhorse A320 single-aisle aircraft to 50 a month to meet surging demand for more fuel-efficient airliners.
3:58 pm February 27, 2015 | No Comment
Indonesia’s biggest listed property developer Lippo Karawaci will hold a property exhibition from March 2-8 at Sun Plaza in Medan, North Sumatera, the company said in a statement.
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.
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 | 2 Comments
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.
9:13 pm February 26, 2015 | No Comment
Lippo Karawaci, the Jakarta-based property developer, plans to showcase its two latest luxurious housing projects named Holland Village and Millenium Village in Sun Plaza, Medan, from March 2 to 8, 2015 in a bid to get closer to its potential customers.
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.
6:19 pm February 26, 2015 | No Comment
Indonesia’s state-owned airline has planned the nation’s first corporate global sukuk sale to tap dollar wealth in the Middle East and cut funding costs.
5:18 pm February 26, 2015 | No Comment
If Apple’s past is anything to go by, it won’t have to worry about paying the $533 million that a jury said the company owes for infringing patents related to data management in iTunes.The iPhone maker has already gotten two big patent verdicts that it lost in the same Texas district tossed, and has pledged to fight Tuesday’s jury decision. The company plans to appeal through a separate court in Washington where judges have sought to rein in the ability of patent holders to extract high royalty payments from companies.
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