7:14 pm November 25, 2014 | No Comment
Twitter has tripped up one of its top executives. Chief Financial Officer Anthony Noto on Monday publicly tweeted about a plan he has to buy a company, including how he wanted to help make the deal happen at a meeting in mid-December. The message was posted on the microblogging service before it was deleted, with Twitter spokesman Jim Prosser confirming that Noto was trying to send the message privately.
6:09 pm November 25, 2014 | 1 Comment
A prolonged fall in the price of palm oil is hitting Indonesia’s legions of smallholder farmers, forcing cutbacks that will reduce output in coming years and raising the prospect of a bout of sell-outs to major producers.
2:34 pm November 25, 2014 | No Comment
Indonesian car sales next year will be unchanged from the 1.25 million sales expected this year, partly due to the president's decision last week to cut fuel subsidies, an executive with the country's biggest auto distributor Astra International said on Tuesday.
2:19 pm November 25, 2014 | No Comment
Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank’s readiness to expand stimulus further to meet its price goal, a message that was partially echoed by an European Central Bank policymaker as the euro zone economy battles to lift off.
2:04 pm November 25, 2014 | No Comment
Honda Motor failed to notify US safety regulators of 1,729 claims of injuries and deaths related to accidents in its vehicles since 2003, the automaker acknowledged.
1:54 pm November 25, 2014 | No Comment
The Indonesian government wants to set fuel subsidies at a fixed amount at petrol stations to make government costs more predictable, the country’s finance minister said on Tuesday.
11:33 am November 25, 2014 | No Comment
Indonesian President Joko Widodo will need to "show teeth" in pushing for his plan to transform the Investment Coordinating Board, or BKPM, into an agency that can simplify investment permits into one roof, according to former trade minister and BKPM chief Gita Wirjawan.
11:04 am November 25, 2014 | 3 Comments
Indonesian Finance Minister Bambang Brodjonegoro re-affirmed the government’s intention to let the price of subsidized fuel float and keep the amount of the subsidy at a fixed amount.
10:10 am November 25, 2014 | 2 Comments
The Indonesian government looks to investments as the key driver of growth for Indonesia next year amid a more unfavorable global market, the finance minister says.