Publicly listed steel maker PT Krakatau Steel will increase its share
ownership in the company’s joint ventures with Korean and…
Asian stocks continued to retreat Friday after being routed the day
before by unexpectedly weak Chinese manufacturing and fears the Federal
Reserve will start withdrawing its monetary stimulus.
Indonesia will consume more subsidized gasoline this year than the quota
planned by the government, thanks to a price disparity between fuel
products and strong car and motorcycle sales.
PT Samsung Electronics Indonesia (SEIN), the local arm of the South
Korean electronics giant, is focusing on sales of its premium products
to maintain the company’s dominance in the country’s…
New York-listed Freeport-McMoran Copper & Gold Inc., is sticking to
its target to expand into an underground mine in Grasberg, Papua,
despite a recent fatal incident at its training facility…
Publicly listed Bank Tabungan Pensiunan Nasional (BTPN) will begin its
branchless banking project this month to tap the country’s unbanked and
underbanked citizens and increase its customer base.
The Finance Ministry’s fiscal agency head Bambang Brodjonegoro has said that after deflation in April, it is expected that inflation will recur in May because harvests will have been collected.
Sales of new U.S. homes rose in April to the second highest level
since the summer of 2008 while the median price for a new home hit a
Garuda Indonesia has prepared three Bombardier CRJ 1000 NextGen aircraft carriers with a capacity of 96 seats to serve in Kuala Namu, an international airport in Deli Serdang, North Sumatra,…
The price of oil fell below $93 per barrel Thursday after a survey
showed manufacturing activity in China falling to its lowest level in
seven months, a sign that the…
Japanese stocks plummeted Thursday after a spike in government bond
yields and unexpectedly weak Chinese manufacturing spooked investors
sitting atop months of massive gains in share prices. The Nikkei 225…
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