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  1. Fitch Affirms Indonesia's TBI on Agreement to Buy Tower Assets

    Headlines

    Fri, 31 Oct 2014

    Tower Bersama Infrastructure Tbk's (TBI) Long-Term Issuer Default Ratings at 'BB'. At the same time, Fitch Ratings Indonesia affirmed the National Long-Term Rating at 'AA-(idn)'. The Outlooks for the ratings are Stable. A full list of rating

  2. Asset sale not on the cards for Indonesia's indebted Bakrie Group-sources

    Headlines

    Fri, 31 Oct 2014

    JAKARTA, Oct 31 (Reuters) - Indonesia 's mining-to-telecoms conglomerate Bakrie Group will negotiate with creditors to restructure part of its $8 billion in debt rather than sell major assets, people familiar with its strategy say.

  3. Fitch Publishes Greenwood's 'BBB+(idn)' Rating; Rates Bonds

    Headlines

    Fri, 31 Oct 2014

    following statement was released by the rating agency) JAKARTA/SYDNEY, October 31 (Fitch) Fitch Ratings Indonesia has published Indonesia -based PT Greenwood Sejahtera Tbk's (Greenwood) National Long-Term Rating of BBB+(idn)' with

  4. INDONESIA PRESS-Bakrieland buys 100 pct stake in Jungleland Asia - Investor Daily

    Headlines

    Thu, 30 Oct 2014

    Indonesian property company PT Bakrieland Development, through its unit PT Graha Andrasentra Propertindo, acquired a 100 percent stake in PT Jungleland Asia, the operator of Indonesia 's largest theme park, said Corporate Secretary Erry Zul Amri Djaelani.

  5. INDONESIA PRESS-China's Oppo Electronics to build smartphone factory in Tangerang -Investor Daily

    Headlines

    Thu, 30 Oct 2014

    China's smartphone manufacturer Oppo Electronics Corp, through its unit PT Indonesia Oppo Electronics, plans to invest $30 million to build a mobilephone manufacturing factory in Tangerang, said CEO Jet Lee.

  6. Teachers' Pension Funds of the U.S. and Korea to Form $1 Bil. Inv. Fund

    Commentary

    Thu, 30 Oct 2014

    the two teachers' pension funds will seek mid-level risk and mid-level returns with about 6 percent of returns a year." I wonder where the next joint investment will be; Indonesia ? I doubt it will be Thailand or Malaysia. Ray

  7. INDONESIA PRESS-BSD Q3 net profit up 49 pct to 3.2 trln rph -Kontan

    Headlines

    Thu, 30 Oct 2014

    Property developer PT Bumi Serpong Damai (BSD) reported a 49 percent increase in third-quarter net profit to 3.2 trillion rupiah ($264.68 million) from the same period last year.

  8. Strong Increase in Trading Income Lifts UOB's Third Quarter Result

    Commentary

    Thu, 30 Oct 2014

    concern is an increase in impairments from SGD 85 million to SGD 162 million, mainly concentrated in Singapore, Thailand and Indonesia . While this is off a low base to the comparable quarter, we expect impairments to increase going forward as the Singaporean

  9. Global Economic Overview and Equity Commentaries: September 2014

    Headlines

    Thu, 30 Oct 2014

    further drop during September. Select countries including Indonesia and Turkey reported an improvement in new factory orders ..... driver in large emerging countries such as China, India, and Indonesia . The reduction in fuel prices could boost consumer surplus

  10. SE Asia Stocks-Mostly up; Jakarta down on political concerns

    Headlines

    Thu, 30 Oct 2014

    programme. The Jakarta Composite Index edged down 0.3 percent after gaining 1.5 percent in the previous session as a vote on Indonesian parliament commission leaders weighed on sentiment. Bucking the trend in the overall market, shares of Indones

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