6:16 pm July 24, 2014 | No Comment
Astra International, a Jakarta-based diversified conglomerate, reported net income rose 11 percent to Rp 9.8 trillion ($852 million) in the first half of this year from a year earlier, the company said in a statement on Thursday.
4:39 pm July 24, 2014 | No Comment
The outlook for emerging Asia has dimmed further this year on weak demand for exports, although growth in India is expected to accelerate into 2015 even as China is held back in part by a slowing property market, Reuters polls showed.
4:29 pm July 24, 2014 | No Comment
Indonesia’s president has said the government will take stern action against Newmont Mining, which has filed for international arbitration over the country’s mineral export tax, the country’s chief economics minister quoted him as saying.
4:12 pm July 24, 2014 | No Comment
Bumi Serpong Damai, the property unit of Sinar Mas Land, reported a 73 percent increase in profit for the first half of this year, thanks to the purchase of a stake in property developer Plaza Indonesia Realty, which boosted revenue.
12:59 pm July 24, 2014 | No Comment
Monetary Authority of Singapore said it’s too early for the city-state to ease property measures that are helping curb surging residential prices.
12:38 pm July 24, 2014 | No Comment
Growth in foreign direct investment in Indonesia started to pick up in the second quarter this year led by the transport, warehouse and telecommunication sectors, after slumping in the first quarter, data showed on Thursday.
12:26 pm July 24, 2014 | No Comment
The Asian Development Bank is allocating a loan of up to $50 million to finance the development and exploration phase of the Rantau Dedap geothermal project in South Sumatra.
11:42 am July 24, 2014 | No Comment
Indonesia’s biggest cement maker Semen Indonesia posted a 9.3 percent rise in first-half net profit, lifted by strong demand for construction materials in Southeast Asia’s largest economy.
10:53 am July 24, 2014 | No Comment
Indonesia is expected to issue US mining giant Freeport-McMoRan with a government permit to resume exporting copper concentrates in one or two weeks, a mining ministry official said on Thursday.
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