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Fri, May 25, 2012
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CORPORATE NEWS

Tomy Winata to Build Jakarta's Tallest Building

Businessman Tomy Winata and US firm MGM Hospitality are joining forces to build a Rp 18 trillion ($2 billion) 638-meter tower — which will be Jakarta’s tallest building — in the Sudirman Central Business District (SCBD), a company executive said. 10:37am May 24, 2012

Malaysia’s CIMB Q1 Net Profit Climbs 10%

Kuala Lumpur. Malaysia’s No.2 lender CIMB Group Holdings on Thursday announced a 10.3 percent increase in first-quarter net profit mainly due to stronger regional corporate banking and treasury markets businesses. 8:50pm May 24, 2012

Indonesia's Bayan Eyes $2 Billion in Sales for 2012

Bayan Resources Tbk is eying a total of $2.5 billion in sales this year, or 36 percent higher than last year, the company said in a public statement. 2:06pm May 24, 2012

BP Plc to Supply Gas from Papua's Tangguh to PLN in 2013

BP Plc will supply 230 million cubic feet of gas per day (mmscfd) to state utility firm Perusahaan Listrik Negara (PLN) from the Tangguh refinery in West Papua staring next year, a minister said on Wednesday. 12:47pm May 24, 2012

Maspion Aims for Rp 4 trillion in Exports in 2012

Surabaya. Maspion (Maspion Group) is projecting its exports of household wares to reach $450 million in 2012, which is a 12.5 percent increase from last year, CEO, Alim Markus, said. 11:39am May 24, 2012

Pandora Sees Higher Loss, But Revenue Grows

San Francisco. Internet radio firm Pandora on Wednesday reported that its loss widened in the past quarter but investors welcomed news of a jump in revenue. 8:38am May 24, 2012

BlackBerry Mania Shows No Signs of Slowing in Indonesia

BlackRock Names New Australian Head

Indonesia's Bank Permata Will Hold Bond Offering

News From Fitch Is Good for Indonesia's Telkomsel

‘Strong Interest’ in Thai AirAsia IPO

Soekarno-Hatta Airport Expansion to Start in July

Dahlan Says Indonesia's Merpati Should be Audited

Tri Bayan Tirta Names Valbury as Underwriter

Enron’s Skilling Seeks New Trial

Tommy Winata at his home area of ​​Ancol, North Jakarta in an undated photo. Winata and US firm MGM Hospitality are joining forces to build a Rp 18 trillion ($2 billion) 638-meter tower — which will be Jakarta’s tallest building — in the Sudirman Central Business District (SCBD), a company executive said. (Mohammad Defrizal / GA Photo)

MOST READ CORPORATE NEWS STORIES

Tomy Winata to Build Jakarta's Tallest Building

Businessman Tomy Winata and US firm MGM Hospitality are joining forces to build a Rp 18 trillion ($2 billion) 638-meter tower — which will be Jakarta’s tallest building — in the Sudirman Central Business District (SCBD), a company executive said. 10:37am May 24, 2012


BlackBerry Mania Shows No Signs of Slowing in Indonesia

Old promotional deals may be ending, but BlackBerry maker Research In Motion is still enjoying its honeymoon in Indonesia, with sales expected to rise as operators compete with better prices, bigger networks and new bargains. 3:50pm May 23, 2012


Soekarno-Hatta Airport Expansion to Start in July

The ground breaking ceremony for the expansion work of the Soekarno-Hatta international Airport in Tangerang will take place in July, an executive of the company managing the operation of the facility has said. 11:36am May 23, 2012


Dahlan Says Indonesia's Merpati Should be Audited

Following accusations that something was amiss with his sudden removal of Merpati Nusantara Airline’s president director, State Enterprises Minister Dahlan Iskan said on Tuesday that the Supreme Audit Agency (BPK) should audit the airline to ensure transparency. 3:39pm May 22, 2012


BP Plc to Supply Gas from Papua's Tangguh to PLN in 2013

BP Plc will supply 230 million cubic feet of gas per day (mmscfd) to state utility firm Perusahaan Listrik Negara (PLN) from the Tangguh refinery in West Papua staring next year, a minister said on Wednesday. 12:47pm May 24, 2012


BIZ BLOGS
  • 9:29pm | Nearly Every High School Stude...
    I can already imagine how many future Nobel prize laureate will be coming from the ranks of these students. And of course how many Nobel Prize winn
  • 9:28pm | Lady Gaga Refuses to Tone Down...
    Ladygaga is my new heroine, she has more balls than our President and so-called majority peace-loving moderate but silent Muslims.. Now bataks shou
  • 9:24pm | Update: Australia, Indonesia D...
    blightyboy, The cases emerged my friend was pointing out were in their late thirties up to late forties. Most of the cases go indetected according
  • 9:06pm | Most Still Unaware of Indonesi...
    tell that to the journalist that just got stabbed by the government minister. The US needs to hurry up and sell these apes some artillery so they c
  • 9:02pm | Indonesia ‘Most Tolerant Count...
    Jubal.Harshaw: post of the day sir.
  • 8:47pm | Most Still Unaware of Indonesi...
    Good one, i believe it's the first country in the region(S.E.Asia) doing so, beside Australia and kiwi.
  • 8:36pm | Some Experts Say Indonesia's B...
    @JohnnyFool I strongly believe everyone is entitled to speak freely on any topic . Those thugs have so many different fundamental b
  • 8:29pm | Indonesia ‘Most Tolerant Count...
    22 - read the artice - most the people they reffering to are Indonesians NOT overseas. Its ok anyway because Indons have the highes