6:58 pm April 15, 2014 | No Comment
Manulife Aset Manajemen Indonesia, which has Rp 44 trillion ($3.9 billion) in assets under its management, warned the country’s growing population to prepare for funding their pensions as their generation would likely receive less support from post-retirement work, family, or social security.
4:35 pm April 11, 2014 | 7 Comments
Coca-Cola Bottling Indonesia has closed all five of its last operating wells at its troubled Sumedang factory, reducing the facility’s capacity by 30 percent. CCBI is now under police criminal investigation for an allegation that it had used the wells without a permit since 2010.
6:47 pm April 9, 2014 | No Comment
International Monetary Fund has cut its projections for Indonesia’s economic growth in 2014 and 2015 to 5.4 percent and 5.8 percent respectively, citing a drag on gross domestic product expansion from Jakarta’s tight monetary policy to fix the country’s external vulnerabilities.
8:08 pm April 7, 2014 | No Comment
Foreign exchange reserves at the country’s central bank fell slightly in March as the government paid overseas debts maturing last month.
9:01 pm April 6, 2014 | No Comment
Sydney-based property company Crown International Holdings is seeking to raise Rp 1.5 trillion ($134.6 million) by attracting Indonesia’s elite to invest in property in Australia.
11:40 am April 1, 2014 | No Comment
Rising commodity prices pushed Indonesia’s trade balance to surplus in February, while inflation eased in March to a nine-month low due to tame food prices.
6:17 pm March 13, 2014 | No Comment
Bank Indonesia maintained its benchmark rate at 7.5 percent for a fifth straight month on Thursday as slowing inflation gave room for the central bank to keep up the favorable rate for boosting economic growth. Stocks and the rupiah rose.
9:45 pm March 9, 2014 | 3 Comments
Coca-Cola Bottling Indonesia isn’t spared from the country’s notorious red tape — becoming instead a symbol of the bureaucratic hurdles that hold back foreigners from investing in this country.
12:29 pm March 8, 2014 | No Comment
Indonesia’s foreign reserves rose 2 percent last month, bolstered by persistent inflow of offshore funds, which were attracted to an improving economy.