1. We, the Heads of State/Government of ASEAN Member States, gathered in Bandar Seri Begawan, Brunei Darussalam for the 22nd ASEAN Summit on 24-25 April 2013. We had productive discussions under the theme “Our People, Our Future Together”, with an emphasis on the role of our people in ASEAN’s community building efforts and the future Read more
(The Insider Stories) - Within its Annual General Meetings of Shareholders (“AGM”) held earlier today, the PT Matahari Putra Prima Tbk (“Company”)’s shareholders concurred and approved the Directors’ Report on the Company’s business achievements and financial results for the fiscal year 2012. The Directors reported that Matahari Food Division (“MFD”) has successfully established an impressive Read more
(The Insider Stories) - Aon has just released the biannual Aon Global Risk Management Survey, which finds that risk leaders are struggling to identify and manage the major risks facing their organizations. The report unveiled the top 10 risks as well as hidden risks facing organizations today, illustrating the importance of no longer evaluating risk Read more
(Insider Stories) — PT HM Sampoerna Tbk. today announced its plans to inaugurate a hand-rolled kretek cigarette manufacturing facility in Jember, East Java. The factory is expected to absorb a workforce of approximately 4,500 people, a strong catalyst for economic development in the Jember area. Surabaya, 18 April 2013 – Sampoerna (IDX: HMSP) made the Read more
(The Insider Stories) — Standard & Poor’s Ratings Services today assigned its ‘BB+’ issue rating to the 2.95% senior unsecured notes due March 28, 2018, by PT Bank Rakyat Indonesia (Persero) Tbk. (BRI: BB+/Stable/B; axBBB+/axA-2). The rating on the notes reflects the long-term issuer credit rating on the bank. The notes will constitute unsecured and Read more
(The Insider Stories) - PT Indika Energy Tbk. (“Indika Energy”) announces that its wholly-owned subsidiary PT Tripatra Engineers and Constructors (“TPEC”) has signed and concluded a Sale and Purchase Agreement (“SPA”) with PT Indika Logistic & Support Services (“ILSS”) in relation to the sale of 95.0% ownership in PT Kuala Pelabuhan Indonesia (“KPI”). Indika Energy Read more
(The Insider Stories) — TBG Global Pte. Ltd, a wholly owned subsidiary of PT Tower Bersama Infrastructure Tbk. (“TBIG”),announced that it has priced its debut US$300 million 5-year notes offering with a coupon of 4.625%. The US$300million notes will constitute senior unsecured obligations of the issuer and will be guaranteed on a senior unsecured basis Read more
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