9:04 pm October 30, 2014 | No Comment
Next year will be a big year for Sinar Mas Land, a holding company for property businesses of Sinar Mas group, as the first Aeon mall and a large convention and exhibition center, which are currently being developed, will kickstart their commercial operations.
6:45 pm October 30, 2014 | No Comment
Sido Muncul, Indonesia’s largest herbal medicine producer, booked a 3.8 percent profit increase in the first nine months of this year, compared with the same period last year, as the company continues with its efforts to reduce costs.
2:36 pm October 30, 2014 | No Comment
Profit at Astra Agro Lestari, the plantation arm of Astra International, more than doubled in the third quarter, on higher palm oil prices.
2:23 pm October 30, 2014 | No Comment
AirAsia Chief Executive Officer Tony Fernandes said he made a mistake by trying to run a Formula One team at the same time as Asia’s largest budget airline. Caterham, the Leafield, England-based team, filed for protection from creditors last week after a proposed sale to Swiss company Engavest SA stalled. Fernandes began managing the team […]
2:19 pm October 30, 2014 | No Comment
State-controlled Semen Indonesia, the country’s biggest cement manufacturer, posted higher profit in the January-September period amid strong demand.
12:35 pm October 30, 2014 | No Comment
Tokyo. Japanese video game maker Nintendo will develop a device to measure a user’s fatigue and map their sleep, Chief Executive Satoru Iwata said on Thursday, the first offering from the company’s newly created healthcare division. The device will be developed with US firm ResMed, which currently makes products to treat sleep disorders, and will […]
12:07 pm October 30, 2014 | No Comment
Seoul. South Korea’s Hyundai Motor said it is developing its first dedicated gas-electric car that would go up against Toyota Motor’s best-selling Prius. The move will help it diversify its eco-friendly vehicle line-up and hedge its bets in next-generation green technology to meet stricter emission regulations in key markets. More than other automakers, Hyundai has […]
11:55 am October 30, 2014 | No Comment
Seoul. Samsung Electronics on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The global smartphone leader’s market share declined in annual terms for the third straight quarter in July-September, lagging Apple […]