Insider News
01 August 2013 | 11:52
The lapse of the agreement for Singapore's DBS to buy a majority stake in Indonesia's Bank Danamon highlights challenges in the regulatory environment, which may deter foreign interest in Indonesian banks, Fitch Ratings says. DBS was only able...
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01 August 2013 | 10:05The Finance Ministry will soon issue a regulation that will eliminate value-added tax (VAT) and income tax for the importation of non-fiction books, a move that is expected to help the public afford international resources deemed beneficial for...
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01 August 2013 | 10:00Financa Minister Chatib Basri said, Indonesia government is preparing several short- and long-term mitigation policies to overcome the country’s slowing economic growth caused by uncertainties in the global...
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Insider Executives
Bank CIMB Niaga, Indonesia's fifth largest lender by assets appointed Vera Handajani as a new director, the lender said in a statement on ...
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Karen Agustiawan, the first Indonesian female leader of PT Pertamina, has been elected by the government as the sole shareholder of the state-owned oil and gas firm to lead the energy corporation for ...
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Shareholders of state-owned mining company PT Aneka Tambang (IDX:ANTM) have picked Tato Miraza as president director (CEO) to oversee its expansion plans, replacing Alwinsyah ...
Company Profile
Established in 1995 as a subsidiary company of PT. Kawan Lama Sejahtera, #1 commercial and industrial supplies company in Indonesia, PT. Ace Hardware Indonesia, Tbk. is the master franchise/license holder of ACE Hardware brand in the country, ...
Adaro Energy TbkAdaro Energy was established under the name PT Padang Karunia, a limited liability company established in Indonesia in 2004. On April 18, 2008 Padang Karunia changed its name to PT Adaro Energy Tbk in preparation for becoming a ...
Press Release
Singapore Airlines will boost India services from the Northern Winter operating season (27 October 2013 – 29 March 2014), with a third daily flight to the capital New ...
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The Roundtable on Sustainable Palm Oil (RSPO) continued its successful engagement in China last week, delivering a keynote speech at the Chinese Chamber of Commerce of Foodstuffs and Native Produce’s (CFNA) 2013 Oils ...
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In the midst of the intense competition, Matahari Department Store once again proved its excellent performance by obtaining Top Brand Award 2013 given by Marketing ...
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Insider Highlight
PT Matahari Putra Prima Tbk (“MPPA”) announced Q1 ‘2013 Revenues, Gross Profit and Net Profit After Tax of IDR2.6 trillion, IDR419.1 billion and IDR63.2 billion respectively for the period ending March 31,...
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Indonesia handset distributor and retailer PT Erajaya Swasembada (IDX:ERAA) has signed memory of understanding (MOU) with Taiwan-based Foxconn Technology Group to to find partnership opportunities in ...
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e Group’s hotels in Bali and Lombok hotels have been accredited to deliver “Optimum Service Standards” for its European guests, ensuring that inbound European travelers receive the highest level of service when they visit these ...
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Analysis
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Fed expected to begin cautiously tapering monetary stimulus in ...
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- We expect the downtrend in the price of WTI crude to continue - Japan’s manufacturing PMI may show small decline in July (00.15 BST) - ...