Thursday, May 23 2013, 12:34 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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  • BNI gets government bonds

    JAKARTA (JP): Bank Negara Indonesia (BNI) has signed a management contract with the Ministry of Finance, paving the way for the publicly listed bank to join the government-sponsored recapitalization p

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  • JSX may make gains if government meets IMF demands

    JAKARTA (JP): Clear progress in the implementation of lagging areas of the government's economic reform programs will remain a driving factor in stocktrading this week, securities analysts said.

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  • Dependency on sugar import dangerous: HKTI chairman

    JAKARTA (JP): The Indonesian Association of Farmers (HKTI) urged the government to raise sugar import duty from the present 25 percent to help speed up the process of Indonesia becoming…

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  • Government: Mining deals must be unaffected by autonomy law

    JAKARTA (JP): The Ministry of Mines and Energy has demanded that the wider autonomy to be given to provincial administrations should not affect existing mining contracts.

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  • Lippo e-Net probed for allegedly misleading public

    JAKARTA (JP): Listed life insurance company PT Lippo e-Net has presented misleading information to the public to give a false image of the company, an informed source has said.

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  • IMF to disburse loan to Indonesia soon

    JAKARTA (JP): The International Monetary Fund (IMF) is expected to disburseUS$400 million in loans to Indonesia later this month, according to CabinetSecretary Marsillam Simanjuntak.

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  • Siemens opens new division

    JAKARTA (JP): PT Siemens Indonesia, a supplier in the energy and communication industry, has opened a new business division to tap a growingdemand for healthcare equipment in the country, the…

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  • BRI to disburse Rp 500b rice credits

    JAKARTA (JP): State-run Bank Rakyat Indonesia (BRI) promised on Friday to begin disbursing Rp 500 billion (US$66.6 million) in credits to village cooperatives on Monday to help them buy unhusked…

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  • Newmont agrees to pay taxes to Minahasa regency

    JAKARTA (JP): Gold mining company PT Newmont Minahasa Raya said on Friday it was ready to pay Rp 550 million (US$71,000) in overdue taxes on buildingmaterial to the Minahasa regency…

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  • Nazif appointed new president of PT Telkom

    JAKARTA (JP): Shareholders of publicly listed telecommunications company PTTelkom approved on Friday the appointment of former banker Muhammad Nazif as new company president, replacing A.A. Nasution,

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