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Business

  • What to do when good intentions backfire

    Sometimes business goals and community ideals just don’t fit. How far should you go to be sustainable and meet your company‘s corporate social responsibilities?

  • Employee disengagement starts with the job offer

    Putting tight deadlines on job offers may seem like a good way to grab desirable talent, but doing so carelessly damages firms in the long term.

  • 2014, The year of living dangerously

    When economics and geopolitics collide.

  • Minister Susi to launch marine industry overhaul

    The Indonesian government will conduct a thorough review and formulate revisions of regulations and policies for the marine industry in order to reform the sector, a minister says.

  • SBY’s team says ‘hello’ again to campus, business life

    The former economic ministers of former president Susilo Bambang Yudhoyono are returning to normal life, following a busy stint steering Southeast Asia’s largest economy through a challenging external environment.

  • Car makers brace for bumpy ride next year

    Indonesia’s car manufacturers may expect another year of hardship in 2015 as automobile sales prospects remain gloomy in the lead-up to an imminent fuel price hike and a lingering economic slowdown.

  • Pelindo II plans $1-billion bond offering to build three new ports

    State-owned port operator PT Pelabuhan Indonesia II (Pelindo II) plans to issue US$1 billion in bonds in the second quarter of next year to finance the construction of its three new ports in the country.

  • MNCN, SCMA shine amid surging TV advertisement

    The country’s growing media spending, particularly on TV advertisements, provided a boost for media conglomerates’ top and bottom lines during the January-September period of this year.

  • RI, Angola to partner in oil refinery

    State-owned oil and gas giant PT Pertamina and Angola firm Sonangol EP sealed an agreement on Friday that would pave the way for cooperation and the possibility of building refineries in Indonesia.

  • Consumer products best seller in Indofood

    Giant food producer PT Indofood Sukses Makmur (INDF) posted a 57.6 percent net profit increase between January and September this year, thanks to a major net sales contribution from its subsidiary operating in consumer branded products (CBP).

  • Miners Adaro Energy, Vale post higher top line over first nine months

    Mining companies Adaro Energy (ADRO) and Vale Indonesia (INCO) reported higher revenues during the January to September period, thanks to positive sales and production performance.

  • Pertamina’s new CEO to be named soon

    State-Owned Enterprises (SOE) Minister Rini Soemarno said Friday that she would appoint Pertamina’s definitive CEO in early December, replacing Karen Agustiawan, who resigned to pursue a teaching career.

     

  • Mayora’s profit drops on rising costs

    Publicly listed food manufacturer PT Mayora Indah (MYOR) reported a net profit slump during the first three quarters of this year, driven primarily by surging costs of goods sold and negative currency.

     

  • Chevron meets VP, asks for support in case

    Representatives of oil firm PT Chevron Pacific Indonesia (CPI), part of US giant Chevron, met with Vice President Jusuf Kalla on Friday, asking for the government's support in its bioremediation case.

  • Indonesia inks oil deal with Angola

    President Joko “Jokowi” Widodo has signed a Memorandum of Understanding (MoU) forging an energy deal with the African nation of Angola.

  • Indonesia suffers huge losses due to fish theft

    Newly elected Maritime Affairs and Fisheries Minister Susi Pudjiastuti said on Friday that losses from rampant fish theft in Indonesian waters were estimated to be in the trillions of rupiah.

  • Rupiah weakens to 12,115 at opening

    The rupiah interbank trade in Jakarta weakened by 33 points to Rp 12,115 against the US dollar from an earlier position of Rp 12,082 on Friday.

  • RI economy grew 5.0-5.1 percent

    Indonesia’s economy grew between 5.0-5.1 percent in the third quarter from a year earlier, and the September trade balance was expected to show a small deficit, the country’s new finance minister said on Thursday.

  • Rupiah drops most in a month

    Indonesia’s rupiah fell the most in a month as the Federal Reserve’s decision to end its stimulus program spurred bets it’s on course to raise interest rates.

  • Govt seeks to cut debt maturities

    The Indonesian government plans to shorten the average maturity on its government bonds as offering longer-term notes has raised interest costs to a record, said Robert Pakpahan, director-general at the debt-management office.

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