Saturday, May 25 2013, 21:38 PM

Business

Krakatau to up stakes in two joint ventures

Publicly listed steel maker PT Krakatau Steel will increase its share ownership in the company’s joint ventures with Korean and…

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  • PT Toyota launches new car amid bullish market

    JAKARTA (JP): After two years of delay, car manufacturer PT Toyota-Astra Motor launched on Wednesday its new sedan, which it hopes will benefit fromthe surge in the domestic car market.

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  • Newmont reaches out-of-court settlement

    JAKARTA (JP): The months-long tax dispute pitting gold mining company PT Newmont Minahasa Raya against a local government in North Sulawesi ended onWednesday as both parties finally agreed on an…

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  • IMF demands greater transparency at IBRA

    JAKARTA (JP): The International Monetary Fund (IMF) said on Wednesday that an independent body to oversee the Indonesian Bank Restructuring Agency (IBRA) must be established in a bid to ensure…

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  • Travoo's online services

    JAKARTA (JP): PT Travoo Online, a new Internet-based travel company, launched on Tuesday its online ticketing, travel-related products and information services.

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  • Nikko, BII sign agreement

    JAKARTA (JP): PT Nikko Securities Indonesia signed an agreement on Tuesday with publicly listed Bank Internasional Indonesia (BII) to allow its retailclients to purchase equity stocks using the bank's

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  • JSX probes 29 firms for wrongdoing

    JAKARTA (JP): Twenty-nine companies listed on the Jakarta Stock Exchange have been investigated for price manipulation and insider trading during the period from October last year to February this yea

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  • Laksamana says no sign his job is at risk

    JAKARTA (JP): State Minister of Investment and State Enterprises Development Laksamana Sukardi said on Tuesday President Abdurrahman Wahid gave no indication to him his job might be on the line.

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  • Bayer plans to delist from SSX

    JAKARTA (JP): PT Bayer Indonesia will pull out from the Surabaya Stock Exchange (SSX) due to what the pharmaceutical company called a lack of liquidity in the East Java capital's…

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  • Remote-sensing specialists in Indonesia seek equal treatment

    JAKARTA (JP): A standard for qualification of professional remote-sensing specialists will soon be forwarded to the government by the Indonesian Geomatics Council to ensure fair treatment between Indo

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  • Court asked to suspend Roche drug distribution

    JAKARTA (JP): Drug distributor company PT Perusahaan Dagang Tempo has requested that the South Jakarta District Court order a temporary stop to the distribution of some products of drug company…

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