indonesia

SINGAPORE (May 11): CIMB Research is maintaining its “hold” recommendation on chocolate confectionery distributor Delfi with an unchanged target price of $2.30, despite the group’s slow start to FY17F with its 1Q results falling short of the researc

JAKARTA (May 5): Two thirds of Indonesia’s major companies missed earnings estimates in the first quarter, but that’s done little to stop investors from pouring into this enduring emerging-market darling. 

SINGAPORE (April 26): Despite its size, Singapore has emerged the most connected Asia Pacific (APAC) country on LinkedIn with over a million registered members, and ranks third place globally after the United Arab Emirates (UAE) and the Netherlands.

SINGAPORE (April 21): Mainboard-listed Delfi has entered into a joint venture agreement with Japan’s Yuraku Confectionery Company to produce, develop, market and sell a range of chocolate snack products in Indonesia.

SINGAPORE (April 17): Indonesia’s Agriculture Minister is planning to “evaluate” palm oil exports to Europe, reported Antara news agency.

SINGAPORE (April 17): CIMB Research is downgrading its call on Japfa from “add” to “reduce”, lowering its price target on the counter to 69 cents from $1.41 previously on strong headwinds in the industrial agri-food company’s two largest markets

SINGAPORE (April 3): Singapore sovereign wealth fund GIC announced Monday that it has formed a joint-venture with Indonesian property developer PT Intiland Development Tbk to own and manage an integrated mixed-use complex in Indonesia.

SINGAPORE (March 29): Indonesia’s economy is losing out on commodity gains after lawmakers wrapped protectionist policies around the nation’s resources. Their next problem: finding a lucrative replacement.

SINGAPORE (Feb 28): CIMB Research is maintaining its “add” recommendation on First Resources at an unchanged target price of $2.32 following the release of its financial statement 4Q16/FY16, where final core earnings were above the research house’s

SINGAPORE (Feb 2): Ride hailing platform, Grab, is investing US$700 million ($987.5 million) over next five years to grow the country’s digital economy.