The Insurance Commission, together with the insurance industry players in the country, will join the insurance regulators, leaders, policymakers and practitioners from the different ASEAN countries in the 2nd ASEAN…
JAKARTA – LiveWell Global (LWG) – an Indonesian company which focuses on offering health and beauty products – is scheduled to meet with some Korean beauty companies in the fourth…
INDONESIA – About 250 exhibitors and 15,000 trade visitors from 15 countries have signed up to attend the 4th Indonesia International Agricultural Machinery, Technology & Services Exhibition (INAGRITECH) that will…
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 business, and…
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 in the country, taking over…
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 M Hanif Dhakiri said all…
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 signed an agreement for a hydropower…
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 prospects in Indonesia. The company, which…
INDONESIA – The Indonesian government announced plans to trim the country’s corporate income tax rate in 2017, a move seen by analyst as among the measures that President Joko Widodo…
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 Muliaman Hadad told Reuters that…
From the current limit of 40 percent, Indonesia’s Financial Services Authority has hinted that it is open to lifting the curb and allowing a higher percent of foreign ownership in…
INDONESIA – American financial services firm Standard and Poor’s (S&P) revised Indonesia’s rating outlook from Stable to Positive and affirmed the rating at BB+. The positive outlook reflects the possibility…
JAKARTA, INDONESIA – South Korea’s first life insurance company, Hanwha Life Insurance, is seeking to hire 650 new financial consultants in Indonesia within this year to double its existing number…
MANILA, PHILIPPINES – Philippine President Benigno Aquino III vowed to personally appeal the case of Mary Jane Veloso, the 30-year-old Filipina who is in the death row in Indonesia, to…
JAKARTA, INDONESIA – An Indonesian court has sentenced to 10 years and 18 years in prison an American couple, from the state of Chicago, for the murder of the convicted…
INDONESIA – Despite Australia’s appeal for clemency for the planned executions of two Australian drug smugglers, who are members of the Bali Nine, an Indonesian court here said death by…
