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Diamond Food Indonesia Releases Shares with worth US$179M

JAKARTA (TheInsiderStories) - PT Diamond Food Indonesia Tbk (IDX: DMND) officially floored on the Indonesia Stock Exchange (IDX) today (01/21). Beside list its shares, the issuer...

US’ Pepsico Officially Left Indonesia

JAKARTA (TheInsiderStories) - One of the largest beverage manufacturers in the world, Pepsico has officially left Indonesia. Pepsico, Inc., will terminate the production contract...

Indonesia’s TPS Food Sues Former Directors

JAKARTA (TheInsiderStories) — After some misunderstandings between commissioners and former directors of PT Tiga Pilar Sejahtera Food Tbk (IDX: AISA), the drama continues. Recent management...

Indonesia’s TPS Food Shareholders Meeting Held Amid Management Spat

JAKARTA (TheInsiderStories) - Indonesian food producer, PT Tiga Pilar Sejahtera Food Tbk (IDX: AISA), also known TPS Food, holding extraordinary shareholders meeting without board of directors presence...

Rupiah Depreciation Hits Indonesia’s Food & Beverages Industries

JAKARTA (TheInsiderStories)--Food and beverage industry sees its production cost rising by 3-5 percent due to rupiah depreciation against US dollar, said Chairman of Indonesian Food and...