Indonesian quarterly growth slowest since 2010
Indonesia’s economy expanded by 6.02 percent in the first quarter, official data showed Monday, the slowest pace in more than two years as exports fell due to the weak global economy.
Indonesia’s economy expanded by 6.02 percent in the first quarter, official data showed Monday, the slowest pace in more than two years as exports fell due to the weak global economy.
Trade ministers from the 10-member Association of Southeast Asian Nations (Asean) are set to tackle issues that have kept the region from addressing supply chain choke points and other trade barriers during key meetings this weekend.
Motor Image Enterprises Singapore recently invited select members of the motoring media to test-drive in the beautiful island of Bali, Indonesia, the final production versions of the Subaru XV, currently Motor Image’s hottest-selling compact crossover vehicle in the Asean region.
Months behind schedule, the construction crew racing to finish a highway encircling Indonesia’s traffic-choked capital is being blocked by a determined group of locals and the ramshackle cemetery that is home to their ancestors.
While Bank of the Philippine Islands has entered an advanced stage of negotiations to acquire a controlling stake in Philippine National Bank, the prospective banking deal of the decade seems to have encountered a major stumbling block—getting the imprimatur of taipan Lucio Tan.
Q: Our concern is still about branding but different from those you’ve dealt with in the last two or three Fridays.
Japan’s Toyota group said Saturday it would invest about 13 trillion rupiah ($1.3 billion) over the next five years in expanding its vehicle production in Indonesia.
Manila Water Company Inc., a unit of the Ayala group, will further expand its presence in Asia, starting with its acquisition of a majority stake in Jakarta’s water supply concessionaire.
Southeast Asia’s largest budget airline AirAsia has scrapped plans to acquire Indonesian carrier Batavia Air because the move was too risky, its chief executive said Monday.
An Indonesian company is eyeing this agricultural town to be the site of a power plant that will utilize agricultural wastes as fuel.
Retailer Penshoppe has gained a foothold in Southeast Asia’s most populous market, Indonesia, as part of its road map for global expansion via the franchising mode.
Indonesian men rank as the world’s top smokers, with two out of three of them lighting up in a country where cigarettes cost pennies and tobacco advertising is everywhere.
