Yesterday, Bumi agreed to recover the missing US$173 million from its former CEO, Rosan Roeslani but is still subject to shareholders' approval.
Tags: Indonesia
Hilton Worldwide looks to expand in Indonesia
International Hotelier Hilton Worldwide is looking at the possibility of expanding its presence in Indonesia.
Fitch gives 'BBB-(EXP)' rating to Indonesia's bonds
Fitch gave a 'BBB-(EXP)' rating to Indonesia's USD-denominated global bonds. Fitch Ratings assigned a 'BBB-(EXP)' rating to Indonesia's USD-denominated global bonds.
Tata to make export hub out of Indonesia
Tata Motors reported that its investments in Indonesia is aimed to make the country its export hub. Tata Motors Ltd. has made it clear that they will make Indonesia an export hub for their vehicles to the rest of Southeast Asia.
Asia's shipping industry offers opportunities for investors
Asia's shipping industry was believed to be the best spot to experience recovery from the industry's worst slump.
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Indonesia’s IPO market overturned after foreign and local funds exit from Jakarta after being threatened with a wave of global volatility and valuations.
Intrepid Mines shareholders approve the plan to recover the rights over the Tujuh Bukit project. (Photo : REUTERS)A miner breaks stones containing gold in Poboya in Indonesia's Central Sulawesi province April 12, 2012.
India's rapidly declining currency is a clear sign that US policy affects the whole world. (Photo : REUTERS)Indian currency of different denominations are seen in this picture illustration taken in Mumbai India is emerging as the canary in the mine for Asia's money market.
Plans to boost capacity in Indonesia would be reached through the construction of a new Mitsubishi Motors plant in the country.
Rainfall in one of the world's main growing area of robusta coffee signals bearish bets as the industry stumbles, falling to its lowest level in almost a year and a half. The weather is expected to be more favorable for growers in Indonesia next week.
Indonesian stocks fall to a four-month low after the rupiah suffers a setback, falling to its lowest level in three years.
CT Corp announces to buy 80% of Telkomvision stake in Indonesia for less than US$100 million deal. (Photo : Reuters)CT Corp Founder and Chairman Chairul Tanjung June 5, Indonesian billionaire Chairul Tanjung agrees to buy 80% stake in the second largest pay-TV operator in the country, Telkomvision.
In an announcement, oil blocks in Indonesia are now available for bidding. The Indonesian government announced the opening of a rights tender for twenty one oil and gas exploration blocks last Friday.
SMBC formalizes acquisition of 40% of BTPN. Sumitomo Mitsui Banking Corp has agreed to acquire nearly 40% of BTPN the Indonesian financial institution.
