Assets of 143 SOEs worth Rp 8 quadrillion, minister says

State-Owned Enterprises (SOEs) Minister Rini Soemarno has said that the value of 143 SOEs had reached Rp 8 quadrillion (US$558 billion). She said those companies...

Trump’s trade tweets hammer China’s stocks and currency

Chinese stocks tumbled along with the yuan as a pair of tweets by President Donald Trump undermined confidence in a trade agreement. The ChiNext Index...

GDP expands 5.07 percent in Q1

Indonesia’s gross domestic product (GDP) expanded 5.07 percent year-on-year (yoy) in the first quarter of 2019, slightly higher than the 5.06 percent recorded in...

Telenor, Axiata enter talks to merge Asian businesses

Norwegian telecom operator Telenor said Monday it has entered into talks with Malaysian telecoms group Axiata about a potential merger of the companies' Asian...

Indonesia open to foreign investment in projects for new capital city

National Planning Minister Bambang Brodjonegoro said Indonesia welcomed foreign investors for the development of a long-debated new capital city, a plan revived by President...

Pertamina inks deal to transform terminal into trading hub

State-owned energy holding company Pertamina has inked a heads of agreement (HoA) with US-based commodity firm Freepoint Commodities Pte. Ltd to transform its...

Latest news

Copied!