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Indonesia’s Indomobil Divests Multistrade Shares for $108M

JAKARTA (TheInsiderStories)- Indonesian automotive maker, PT Indomobil Sukses Internasional Tbk (IDX:IMAS) divested PT Multistrada Arah Sarana Tbk (IDX:MASA) shares to French tire manufacturer Michelin...

Hyundai, VW Plan to Build Car Factory in Indonesia

JAKARTA (TheInsiderStories) - Two global car maker, Germany Volkswagen (VW) and South Korea' Hyundai Motor Corp., plans to build a car factory in Indonesia,...