Tags Indonesia

Tag: Indonesia

Indonesia World Bank

Lower Economic Growth Forecast for Indonesia

The World Bank has trimmed its growth for Indonesia from 5.3 percent to 5.2 percent this year, citing global uncertainty and rising inflation. In...
OJK Reinsurance

Indonesia Now Has 42 Reinsurance Brokerage Firms

The number of reinsurance brokerage companies in Indonesia now stands at 42 after the country's financial services regulator granted operational licenses to two new...
Yamaha

Yamaha to Set Up New Plant in India, Indonesia

JAPAN - Yamaha Corporation (Yamaha) is planning to establish a manufacturing subsidiary in Indonesia, PT. Yamaha Musical Products Asia (YMPA), and construct a new...

Bali, Indonesia Landslide Kills 7

INDONESIA - At least seven people died while four others were injured when landslides hit houses in Indonesia's Bali before midnight Thursday, the national...
Grab Indonesia

Fast Facts on Grab’s $700 Million Investment in Indonesia

Southeast Asia's ride-hailing platform Grab is investing up to US$700 million in Indonesia over the next four years, according to the country's Investment Coordinating...

Indonesian Terror Suspect, 14 Others Killed in Philippine Airstrikes

LANAO DEL SUR, Philippines - An Indonesian terror suspect was among the 15 suspected terrorists killed in the latest operation launched by the Armed...
Frasers Hospitality

Frasers Hospitality Strengthens Foothold in Indonesia

In line with plans to anchor its presence in the largest economy in Southeast Asia, Frasers Hospitality Group, a division of Frasers Centrepoint Limited,...
Maynilad PT Moya Indonesia

3 Fast Facts on Maynilad’s Joint Venture Deal with Moya Indonesia

Maynilad Water Services Inc (Maynilad), the private firm managing the water services of the western zone of Metro Manila in the Philippines, has signed...
Garuda Indonesia

Garuda Indonesia Posts Strong Net Income Growth in Q3

Indonesia’s flag carrier, Garuda Indonesia (IDX:GIAA), posted net income of US$19.6 million during the third quarter of this year as an outcome of the...

Indonesia’s Wintermar Offshore Marine Posts 197% Profit Rise in 9 Months

Wintermar Offshore Marine (IDX:WINS), an Indonesian offshore marine services firm, has posted profit growth of 197%, year-on-year, to USD7.1 million in the first nine...
Insurance Commission

Philippines to Participate in 2nd Asean Insurance Summit

The Insurance Commission, together with the insurance industry players in the country, will join the insurance regulators, leaders, policymakers and practitioners from the different...
LiveWell Global (LWG)

Indonesia’s LiveWell Global To Meet Korean Beauty Firms for Opportunities

JAKARTA - LiveWell Global (LWG) - an Indonesian company which focuses on offering health and beauty products - is scheduled to meet with some...
INAGRITECH Indonesia

INAGRITECH 2016 Opens in Jakarta This Week

INDONESIA - About 250 exhibitors and 15,000 trade visitors from 15 countries have signed up to attend the 4th Indonesia International Agricultural Machinery, Technology...
Indren Naidoo

Manulife Names Indren Naidoo as Indonesia CEO

Manulife Indonesia has announced the appointment of Indren S. Naidoo as the new Chief Executive Officer in Indonesia. Based in Jakarta, Indren will be responsible for leading the...
Chubb Indonesia Tai-Kuan Ly

Chubb Names New Indonesia General Insurance Head

Publicly traded property and casualty insurer Chubb has named Tai-Kuan Ly as its new president director in Indonesia. Ly will head Chubb’s general insurance operation...
BPJS Indonesia

Foreign Workers in Indonesia Ordered to Sign Up for State Insurance

The Indonesian government has ordered all companies in the country that are employing foreigners to have their workers covered by state insurance program. Manpower Minister...

Company Shares of Aboitiz Power Corporation (PSE:AP) Up In Early Trading

PHILIPPINES - Aboitiz Power Corporation (PSE:AP)'s stock inched higher in the opening hour at the Philippine Stock Exchange (PSE) on news that it has...

Aboitiz Power’s Stock Gains on Indonesia Acquisition Report

Aboitiz Power Corporation (PSE:AP)'s stocks inched up on Monday's trading session on news that it has acquired a participating interest in a 110-megawatt geothermal...

Indonesia Plans Lowering Corporate Income Tax in 2017

INDONESIA - The Indonesian government announced plans to trim the country's corporate income tax rate in 2017, a move seen by analyst as among...

Indonesia Closely Monitoring Insurance Industry

Indonesia's Financial Services Authority (OJK) revealed that it was closely monitoring the country's insurance industry, especially the industry's exposure to bonds and stocks. Authority head...