indonesia

SINGAPORE (Mar 23): BreadTalk Group’s wholly-owned subsidiary BreadTalk International has entered into a joint venture agreement with PT Pura Indah Berkat (PIB) to develop and operate the Toast Box brand in Indonesia.

SINGAPORE (Feb 28): Billionaire Low Taek Jho’s 300-foot luxury superyacht, The Equanimity, is reported to have been seized in Bali by the Indonesian government today.

JAKARTA (Jan 4): Indonesia’s economy, the largest in Southeast Asia, hit a milestone last year by reaching US$1 trillion ($1.3 trillion), yet the mood wasn’t celebratory as the government continued to miss its revenue targets.

JAKARTA (Reuters): Indonesia is investigating reports that US$1.4 billion ($1.9 billion) held by Standard Chartered Plc in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency

(Oct 3): Indonesia’s central bank should avoid cutting interest rates further because borrowing costs are at an appropriate level even as loan growth remains subdued, according to the chief of the country’s biggest lender.

JAKARTA (Sept 28): The first Indonesian e-commerce startup to go public will test investors’ appetite for technology companies that hail from Southeast Asia’s largest economy.

SINGAPORE (Sept 26): PSD Singapore, a wholly-owned subsidiary of Pacific Star Development, has signed a non-binding memorandum of understanding (MoU) with Indonesian master developer, PT Kukuh Mandiri Lestari (KML) to jointly develop a series of mixed-use

SINGAPORE (Sept 13): OCBC Investment Research is maintaining its “buy” call on Keppel Corporation at a fair value estimate of $7.36 on the notion that it is well positioned to benefit from opportunities in Indonesia’s small-scale liquefied natural g

SINGAPORE (Sept 6): CapitaLand is acquiring the 192-unit serviced residence, Ascott Sudirman Jakarta, for $74.3 million.

(Aug 24): Indonesia’s central bank surprised most economists on Tuesday by lowering interest rates, reflecting its relative comfort with the currency and inflation outlook.