HONG KONG: PT Bank Negara Indonesia Tbk starts fostering trade financing between domestic and Chinese business people, as the bank launched its renovated branch office in…

JAKARTA: Vehicle ownership loans in the first-half of this year surged -- beating the growth of other types of loans -- on the back of the robust automotive industry.Bank…

JAKARTA: At least 31 investment managers are not eligible in meeting obligatory function requirements set by Capital Market and Financial Institution Watchdog (Bapepam-LK).Out…

JAKARTA: Listed paper converter company, PT Alkindo Naratama Tbk seeks up to US$2 million bank loan to construct new plants in Thailand.Alkindo requires US$1.5 million-US$2…

JAKARTA: Sari Roti-brand bread producer, PT Nippon Indosari Corpindo Tbk probably recorded 28% revenue jump in the first half of 2011, compared to IDR200 billion in the same…

JAKARTA: PT Wintermar, a subsidiary of PT Wintermar Offshore Marine Tbk and PT Kaltim Prima Coal signed contract worth US$18 million for 5 years ahead.In the contract, Wintermar…

JAKARTA: Keputusan Bank Indonesia mempertahankan tingkat suku bunga acuan di level 6,5% yang dibarengi kelangkaan pasokan batu bara di pasar global menjadi katalis baru bagi…

JAKARTA: Province of Riau needs IDR40 trillion to realize 12 infrastructure projects.One of the ambitious projects is the construction of 135 km Pekanbaru-Dumai toll road.…

JAKARTA: Economic growth in the next year is estimated to be higher than projected by the government, if there are optimal fiscal supports for economic stimulus.Umar Juoro,…

JAKARTA: Indonesian stocks rose tailing the regional market which mainly gains at the midday trading break today.

JAKARTA: Government is yet to receive any official report regarding to a transfer of 30% participating interest in Abadi field, Masela block from Inpex Masela to Shell Upstream…

JAKARTA: PT Krakatau Steel Tbk's operating profit fell 73.16% in the first half of 2011 on lower sales volume, while net profit rose, thanks to a one-time gain from an asset…

JAKARTA: PT BII Finance Center plans to use the recently sealed credit facility of IDR1 trillion from PT Bank OCBC NISP Tbk in early August for achieving financing target.The…

JAKARTA: Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) plans to extend the segment of factoring, which earlier covers only account receivables…

JAKARTA: PT Tambang Batubara Bukit Asam, a state-controlled coal mining company, said profit in the second quarter rose almost double thanks to increasing revenue.In a statement…

JAKARTA: Global automotive industries still wait and see for investment in the development of low-cost and eco-car in Indonesia considering that there is no clarity of regulation.So…