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Indonesia, South Korea Accelerates Cooperation and Investment

JAKARTA (TheInsiderStories) - Indonesia and South Korea have a potential to strengthen cooperation in the economic sector, especially increased investment in the manufacturing industry sector, said one...

Lotte Buys Two Indonesian Chemical Firms

JAKARTA (TheInsiderStories) - Korean retail giant Lotte said on Dec. 21 it has purchased two Indonesian synthetic resin makers, according to local media reports. Lotte...

Salim Group-Lotte Commits US$100 Million to iLotte

JAKARTA (TheInsiderStories) - Indonesia's Salim Group conglomerate has established a joint venture with Lotte Group, South Korea’s fifth-largest conglomerate, looking to expand its retail business...