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Thu, February 9, 2012
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BUSINESS

Hyundai Aims for a Bigger Presence in Indonesia

Hyundai isn’t a big player in Indonesia’s automotive sector. Not yet, anyway. Jongkie D. Sugiarto, president director of Hyundai Mobil Indonesia, the sole distributor of cars for Hyundai Motor here, described Hyundai as “a brand in waiting” and a “sleeping tiger.” 10:19pm Feb 8, 2012

Toyota to Invest $534m for New Indonesia Plant

Toyota Motor, Japan’s biggest automaker, said that it would spend 41.3 billion yen ($534 million) to build a second plant in Indonesia to meet growing demand in Southeast Asia’s largest economy. 10:40pm Feb 8, 2012

Economists Expect Bank Indonesia to Maintain 6% Rate

The central bank will likely keep its benchmark interest rate unchanged on Thursday amid a bleak outlook stemming from the euro zone debt crisis and a weakening global economy, even as Indonesia’s inflation rate slows. 9:26pm Feb 8, 2012

Indosat Raises $519m in Tower Sale

Indosat, the country’s second-largest mobile phone operator, has sold 2,500 cellular phone towers to a mobile-phone infrastructure provider for $519 million in a bid to pay off its debt and focus on its core business. 9:51pm Feb 8, 2012

Bukopin Sets Sights on Rp 2t in Bond Sales

Bank Bukopin, a midsize lender, has set the coupon on its planned Rp 1 trillion ($113 million) of bond sales at 9.25 to 10.25 percent, its president director said on Wednesday. 9:31pm Feb 8, 2012

Malaysia Halting Palm Oil Sales to Iran, Traders Say

Kuala Lumpur. Malaysian palm oil exporters have stopped supplying most of the 30,000 metric tons of the food staple Iran used to buy each month from the Southeast Asian producer as fresh Western financial curbs on Tehran stymie payment procedures, two trading sources said. 8:39pm Feb 8, 2012

China Might Cut Iron Ore Purchases From Iran

All Airbus A380 Jets to Be Checked for Wing Cracks: EASA

Indonesia Hopes to Boost CPO Exports to Pakistan

Challenging Bank Indonesia, Asia’s Biggest Dove: Analysis

Toyota to Boost Capacity at Indonesia Plant to 120,000 Cars

Indonesia Stocks Rise on Greek Debt Hopes

Sumitomo Bets on Indonesia’s Growing Need for Electricity

Indonesia Property Demand to Rise With Economy

Russian Railways to Build $2.4b Coal Line in Indonesia

Bank Indonesia holds its next policy-setting meeting on Thursday, and economists widely expect it to hold rates steady. (Antara Photo)
Hyundai sold 4,786 cars in Indonesia in 2011, but is hoping to grab a far larger share in the near future. (Reuters Photo)
A fishermen in Tanjung Pinang, Riau Islands, on Tuesday evening. The Jakarta Composite Index added 9.42, or 0.2 percent, to 3,964.87 at the midday break on Wednesday, on track to halting a three-day 1.5 percent slide. (Antara Phot...
South Korea’s Samsung Electronics said on Wednesday that it plans to sell more than 25 million “smart TVs” this year as it tries to capture the emerging Internet TV market eyed by competitors including Apple. (AFP Photo)
ECONOMY

China Might Cut Iron Ore Purchases From Iran

China is likely to reduce the amount of iron ore it buys from Iran from March due to concerns that sanctions may disrupt exports valued at more than $2 billion a year to the world’s largest consumer of the raw material, traders said on Wednesday. 8:41pm Feb 8, 2012

Indonesia Hopes to Boost CPO Exports to Pakistan

Challenging Bank Indonesia, Asia’s Biggest Dove: Analysis

Indonesia Property Demand to Rise With Economy

MARKETS

JCI Halts Three-Day Slide on Optimism for Greek Deal

Indonesian stocks gained on Wednesday, following advances across the Asia-Pacific region on optimism that Greece would work out a plan with creditors to reduce its debt burden. 8:25pm Feb 8, 2012

Indonesia Stocks Rise on Greek Debt Hopes

Govt’s Rupiah-Demoninated Bond Sales Soar to $1.34 Billion

JCI Follows Region’s Decline as Indika Energy Falls on Unit’s Sale

CORPORATE NEWS

All Airbus A380 Jets to Be Checked for Wing Cracks: EASA

The European Aviation Safety Agency ordered Wednesday that all Airbus A380 superjumbo planes be checked for wing cracks, even as the aircraft manufacturer insisted there was nothing to worry about. 8:10pm Feb 8, 2012

Toyota to Boost Capacity at Indonesia Plant to 120,000 Cars

Sumitomo Bets on Indonesia’s Growing Need for Electricity

Pupuk Sriwidjaja to Spend $1.86b on Fertilizer Plants

COLUMNS

Martin Roll: Your Brand Is No Longer All Your Own

Amid rampant globalization involving the breaking down of trade barriers, a continual improvement in infrastructure, the ubiquitous presence of the Internet and continuous innovations ushered in by technological advancements, customers and companies find themselves affected by these fundamental changes in very different ways. 10:31pm Feb 5, 2012

Martin Roll: Launching Products With Limited Funds

Martin Roll: Cost Leaders Close the Brand Gap

Four Indonesian Market Trends to Watch This Year

BIZ BLOGS