1:04 pm April 25, 2014 | No Comment
Tokyo’s inflation jumped to a 22-year high in April by a key measure, an early sign that companies are making progress in passing on a new tax increase to customers as policy makers seek to pull Japan out of years of deflation.
12:27 pm April 25, 2014 | No Comment
Bank Permata, partly owned by Astra International, posted a slight increase in first-quarter earnings, on higher lending and rising net interest income.
11:05 am April 25, 2014 | No Comment
Jakarta. The Indonesian representatives of Apple Inc, Samsung Electronics and other members of a local industry group said smartphone sales could fall by as much as 50 percent if the government imposes a tax on luxury models. The government is considering a 20 percent tax for smartphones retailing at or above 5 million rupiah ($430), more »
9:58 am April 25, 2014 | No Comment
Newmont Mining, the US parent company of Newmont Nusa Tenggara, reported that it was unable to ship gold and copper from Indonesia during the first quarter because of a ban on ore exports that went into effect in January.
9:28 am April 25, 2014 | No Comment
Thailand’s sovereign bonds, Asia’s best performers over the past six months, are seen faltering as a political stalemate slows growth and risks triggering a credit-rating downgrade.
9:14 am April 25, 2014 | No Comment
Support for Indonesia’s rupiah, this month’s worst-performing Asian currency, is building as the nation’s assets attract funds from abroad and trading patterns suggest its decline is overdone.
9:04 am April 25, 2014 | No Comment
Puma Energy says it expects to get a quarter of its revenue from the Asia-Pacific region in the next few years by building new oil import terminals and raising fuel sales volumes.
8:50 am April 25, 2014 | No Comment
Falling freight rates have opened the way for top sugar exporter Brazil to boost sales to major customers in Asia and the Middle East and made it harder for mills in rival Thailand to sell their output after a record cane crush.
8:42 am April 25, 2014 | 1 Comment
Foxconn Technology Group will decide in October whether to proceed with a planned $1 billion manufacturing project in Indonesia after a new government takes office, a company source said on Thursday.