Business
Jardine C&C subsidiaries to acquire Indonesian gold mining company for US$540 million
Two of its subsidiaries have agreed to acquire Indonesia-incorporated gold mining company Arafura Surya Alam Jardine Cycle & Carriage on…
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Indonesian
Business
Jardine C&C units to acquire Indonesian gold mining company for US$540 million
Two of its subsidiaries have agreed to acquire Indonesia-incorporated gold mining company Arafura Surya Alam Jardine Cycle & Carriage on…
Business
Jardine C&C group aims to strike gold with US$540 million Indonesian gold mine buy
Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units Jardine Cycle & Carriage on Monday…
Business
Jardine C&C aims to strike gold with US$540 million Indonesian gold mine buy
Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units Jardine Cycle & Carriage on Monday…
Business
Jardine C&C goes for gold with US$540 million Indonesian gold mine buy
Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units Jardine Cycle & Carriage on Monday…
Business
Indonesian yield curve steepest since early 2023 on fiscal fears
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those…
Business
Indonesian markets face sell-off after finance minister’s exit
The rupiah has already weakened more than 1% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee…
Business
Indonesian currency, stocks fall after finance minister’s exit
The rupiah has already weakened more than 1% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee…
Business
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million…
Business
UOB partners edtech player to teach digital skills to 90,000 Indonesian students
UOB has partnered with Indonesian edtech platform Ruangguru to give 90,000 students in the archipelago access to digital learning tools…
Business
Indonesian stocks near record high, unfazed by foreign selling
Indonesian stocks are closing in on an all-time high as booming domestic demand offsets a deluge of foreign outflows. Foreign investors…
Business
Richest Indonesian adds US$20 billion to wealth on energy rally
Billionaire Prajogo Pangestu’s fortune is soaring once again, a sharp reversal from the precipitous falls that erased billions over the…
Business
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries Indonesian petrochemical producer Chandra…
Business
Hiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys 11.9% stake
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO…
Business
Grab-GoTo merger talks face Indonesian regulatory hurdles: sources
[JAKARTA/SINGAPORE] Singapore-based Grab’s plan to acquire Indonesia’s GoTo to create a dominant South-east Asian ride hailing and food…
Unsorted
EMA grants conditional licence to RGE, TotalEnergies’ Indonesian solar project to import electricity to Singapore
The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture (JV) between RGE…
Unsorted
Old video misrepresented as Indonesian legislature 'rejecting asset seizure bill against graft convicts'
After several executives from subsidiaries of Indonesia's state-owned energy firm were arrested for alleged corruption, calls for the…
News
Wilmar maintains innocence after Indonesian judges who acquitted it are arrested on corruption charges
Wilmar International maintained its innocence after four judges who cleared it – as well as two other palm oil companies – in a corruption…
Business
Indonesian coffee chain Fore says its IPO oversubscribed by 200 times
The seven-year old company is the first domestic coffee chain to list on the bourse Indonesian coffee chain Fore said on Friday (Apr 11)…
Business
Indonesian rupiah falls to lowest since Asian financial crisis
The central bank has repeatedly intervened in the markets this year, while the government implemented a rule forcing commodity exporters…
![Harrowing Video Captures Moment Teen Girl Is Swept to Her Death by Giant Wave While Posing for Photo on Rocks at Indonesian Beach [WATCH]](https://data.ibtimes.sg/en/full/78897/merlin-septiana.jpg)
News
Harrowing Video Captures Moment Teen Girl Is Swept to Her Death by Giant Wave While Posing for Photo on Rocks at Indonesian Beach [WATCH]
A chilling video has emerged that captures the tragic moment when a teenager was swept away to her death while posing for a photo on a…
Business
Indonesian arm of Malaysia’s Mr DIY drops on market debut
THE Indonesian arm of Malaysia-based home improvement retailer Mr DIY Group dropped in its stock market debut on Thursday (Dec 19) after…
Business
Axiata, Sinar Mas are said to near deal for Indonesian units
MALAYSIAN wireless carrier Axiata Group and Indonesian conglomerate Sinar Mas Group are nearing an agreement to merge their…
News
Indonesian fishermen rescue 116 Rohingya refugees
LHOKSEUMAWE, Indonesia (AP) — Indonesian fishermen on Saturday rescued 116 Rohingya refugees, mostly hungry and weak women and children,…