Wednesday, May 22 2013, 15:18 PM

Business

Foxconn to team up with Erajaya to run RI factory

Foxconn Technology Group, a subsidiary of the world’s largest electronics contract manufacturer Taiwan based Hon Hai Precision Industry Ltd., will…

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  • AIA offers travel protection

    JAKARTA (JP): PT Asuransi AIA Indonesia, a member of the American International Group, launched on Tuesday a leisure protection product to travelers of between 17 years and 70 years old.

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  • APRIL books 21% rise in net profit

    JAKARTA (JP): Asia Pacific Resources International Holdings Ltd. (APRIL), which owns pulp and paper mills in Riau province, has reported a 21 percentincrease in net profit to US$26.2 million in…

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  • Govt backs policy on BRI corporate loan transfer

    JAKARTA (JP): The government defended on Tuesday its controversial policy requiring state Bank Rakyat Indonesia (BRI) to divest its corporate loans by the end of this year despite the bank…

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  • Three units of Salim Group to go public through IPOs

    JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) plans to sellthree companies of the Salim Group through initial public offerings (IPOs) before the end of the year, according to an…

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  • WB urges end to W. Timor violence

    JAKARTA (JP): World Bank President James Wolfensohn urged Indonesian President Abdurrahman Wahid in a letter last week to halt violence in West Timor but he said nothing about any plans…

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  • PSF producers take EU row to government

    JAKARTA (JP): Makers of polyester staple fiber (PSF) products have called on the government to intervene after the European Union and Turkey imposedantidumping duties on their products.

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  • 10 foreign fund managers eye Indonesia's debt market

    JAKARTA (JP): Ten foreign fund managers with some US$5 billion in investment funds are on a visit here to take a closer look at the Indonesian debt market, a senior…

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  • Indonesia cuts export taxes on CPO and products

    JAKARTA (JP): Minister of Trade and Industry Luhut Pandjaitan said on Monday that the government had agreed to cut down export taxes on crude palm oil (CPO) to five percent…

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  • Few Malaysian visitors to RI

    JAKARTA (JP): Indonesia is not a very attractive place to visit for Malaysians compared to several other countries in the region, despite the close cultural ties between the nations, chairman…

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  • State firms 'must set aside' profit for the poor

    JAKARTA (JP): The government announced on Monday it would order state-ownedcompanies to contribute 1 percent of their net profit to poor families and small-scale enterprises.

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