JAKARTA: Grohe, a manufacturer and supplier of sanitary fittings, will establish a subsidiary in Indonesia to improve its services and sales network in the country.The property…

JAKARTA: The Indonesian unit of Unilever NV, the worlds second-largest consumer-goods company, reported today a 16.94% increase in second quarter net income on higher sales.PT…

JAKARTA: A consortium for construction of regional hub port in Sorong District, Papua has been created after memorandum of understanding has already been signed today.The…

JAKARTA: PT Bank OCBC NISP Tbk targets to disburse consumer credit as much as IDR11 trillion this year, relying much on automotive credit.The bank plans to achieve the consumer…

JAKARTA: PT Bukit Asam Transpacific Railway, PT Bukit Asam Tbk, appointed Standard Chartered Bank as its financial adviser in obtaining financial support for rail transportation…

JAKARTA: PT Hero Supermarket Tbk pocketed IDR107.65 billion net profit in the first half of 2011 or 38.74% bigger than IDR77.59 billion on the same period last year.Operating…

JAKARTA: PT Sarana Menara Nusantara Tbk booked IDR257.09 billion net profit in the first 6 months of 2011, bigger than IDR38.66 billion on the same period last year amid…

JAKARTA: A number of multinational companies in telematics, such as Yahoo and Nokia are aggressively working on local multimedia content to enhance the penetration of its…

JAKARTA: PT Jakarta International Container Terminal and PT Pelabuhan Indonesia II was urged to optimize field and dock facility in terminal 2 of Tanjung Priok Port.Head…

JAKARTA: PT Bank Mandiri Tbk is considering the possibility to acquire PT Bank Mutiara Tbk for IDR6.7 trillion, conforming Finance Ministers demand for state-controlled banks…

JAKARTA: PT Agung Podomoro Land Tbk decided to issue bonds at the very most IDR800 billion merely to back its working capital this year.The bond I/2001 is issued in two series…

JAKARTA: A risk for downgrading USs credit rating and slow process of debt settlement in Europe provide positive sentiment against equity markets in Asia, including Indonesia.Director…

BOGOR: PT Bakrieland Development Tbk, a parent company of PT Bakrie Tol Road, is ready to organize a tender offer for toll road construction of Pejagan-Pemalang and Ciawi-Sukabumi…

JAKARTA: At least, four palm plantation companies had reported net income growth by 132% in average for a period of the first half of 2011 because of a soar of sales volume…

JAKARTA: Port operator PT Pelabuhan Indonesia II has received an IDR11 trillion (US$1.28 billion) bank loan commitment to help it fund a sea port construction project that…

JAKARTA: Miscellaneous industries and finance stocks motored Indonesian stocks to maintain its gain today though was opened 0.09 point lower.The Jakarta Composite Index (JCI)…