Indonesia Stock Markets News
Astra, Aviva Set Up Insurance JV
A Toyota Astra showroom in Jakarta. (Reuters Photo/Supri) Astra International, the largest automotive distributor in Indonesia, and Aviva, the largest insurer in the United Kingdom, signed an agreement on Friday to set up a joint venture insurer. The …
Investors not in favor of Pertamina's plan to acquire PGN
State-owned oil and gas company Pertamina's plan to acquire publicly listed gas distribution company PT Perusahaan Gas Negara (PGN) could cast a shadow on PGN's price performance on the bourse, as investors fear the acquisition plan will have negative …
Astra moves into life insurance with UK partner
Safety in numbers: Group CEO of Aviva plc, Mark Wilson (second left), shares a light moment with PT Astra International president director Prijono Sugiarto (second right), Aviva Asia CEO Khor Hock Sent (left) and Astra director Gunawan Geniusahardja after …
Renewal of Continuing Connected Transactions In Relation To The Exclusive Distribution Agreements And Extension of Japan ...
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever …
From the Man in the Woods to Indonesia
'Chop your own wood and it will warm you twice,' said early American writer Henry David Thoreau. Indonesian politicians must have picked up a copy of his complete works. Last weekend, the government banned the export of mineral ore out of the …
Property's hazy outlook
Last weekend, about 1,600 participants attended a property seminar called Property Outlook Conference 2014 in Kuala Lumpur. Organised by an event organiser, speakers comprised property consultants, developers and property gurus. Participants comprised …
Southeast Asia stocks: Thai shares fall; Vietnam outperforms
BANGKOK: Thai stocks retreated on Friday as investors cut some risk exposure after a blast at an anti-government protest rally, with most others in Southeast Asia rangebound amid Asian stock market weakness and downbeat results on Wall Street. Thai …
How to invest in 'MINT'
The geographical location of Mexico is one reason why economists are excited about its long term growth potential. Mexico has close links to the US and fast growing Latin American countries, most notably Brazil. Over the past five years Mexico has …
Stock market garners more than Rp 100t in 2013
Top Gainer Price % Change BSWD Bank Of India Ind... 1,625 +25% DOID Delta Dunia Makmu... 97 +11.49% SSTM Sunson Textile Ma... 86 +10.26% BBLD Buana Finance Tbk... 850 +8.97% WSKT Waskita Karya (pe... 555 +8.82% RMBA Bentoel Internasi... 515 +8.42% KAEF …
Jinjiang Inn finds room for Indonesian partner
China's first homegrown budget hotel brand, Jinjiang Inn, is furthering its global push. On Thursday, it announced a partnership with Indonesia's PT Marindo Investama to open at least 30 Jinjiang Inns in that country. In a statement to the …
Mexico's reversal of fortune
In Latin America, this looks to be the year of Brazil — thanks to the impending World Cup and presidential elections. But with another lackluster year looming in emerging markets, fans of transformation, growth and investment potential should instead look …
Indonesia Plans Pertamina Acquisition of Gas Utility PGN
Indonesia plans for state energy company Pertamina to acquire state gas utility Perusahaan Gas Negara (PGN), a minister said on Thursday, as Southeast Asia's largest economy moves to reduce supply bottlenecks. With declining crude output, the former OPEC …
Panin Syariah Becomes Indonesia's First Listed Islamic Lender
Kuala Lumpur. Bank Panin Syariah, a unit of Indonesia's seventh-largest bank, has raised 475 billion rupiah ($39.3 million) with an initial public offer of shares, becoming the first full-fledged Islamic lender listed on the country's stock exchange. …
Panin Syariah makes unimpressive debut at stock exchange
Panin Bank Syariah (PBS), the country's first sharia lender to enter the bourse, made unimpressive trading during its debut at the Indonesia Stock Exchange (IDX) on Wednesday. PBS shares, listed on the stock exchange under the code PBNS, opened flat with …
PT Capitol Nusantara Indonesia Tbk launches initial public offering at Indonesia Stock Exchange
Wednesday, 15 Jan 2014 07:00pm EST PT Capitol Nusantara Indonesia Tbk:Says it has launched its initial public offering at Indonesia Stock Exchange on Jan. 16.Says its total shares of 833,440,000 with offering price of 200 rupiah each will trade under the …
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