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  • Unilever targets palm oil transparency in Indonesia

    JAKARTA -- Unilever is on course to complete an eco-friendly palm oil processing plant on the North Sumatran coast of Indonesia by the beginning of next year. Located in the Sei Mangkei Special Economic Zone, the new facility is intended to brin

    June 9, 2014 08:12 pm JST
  • Indonesia's Indosat to fight smartphone tax 'all the way'

    JAKARTA -- Alexander Rusli, CEO of Indonesian telecommunications operator Indosat, has had a tough 2013. The weakening rupiah pushed his company to a net loss that wiped out three years worth of profits. The company struggled to hold its ground agai

    June 9, 2014 01:00 pm JST
  • Indonesian presidential candidates promise economic independence

    JAKARTA -- The leading candidates in Indonesia's presidential election are conducting campaigns that focus on policy efforts to make the country more economically independent. The election, slated for July, is shaping up as a one-on-one battle b

    June 6, 2014 07:00 pm JST
  • Japan's trade ministry, J. League team up to tap Asian markets

    TOKYO -- The Ministry of Economy, Trade and Industry is bringing its "Cool Japan" cultural campaign to the world of soccer with plans to help the Japan Professional Football League, better known as J. League, break into other Asian markets. The

    June 6, 2014 02:00 pm JST
  • Sinar Mas to increase palm oil refining capacity 40%

    JAKARTA -- Indonesian conglomerate Sinar Mas Group plans to boost its refining capacity for crude palm oil by nearly 40% as part of efforts to increase exports of the group's processed food products. The move comes as the government is trying to s

    June 5, 2014 02:47 pm JST
  • Indonesia, Australia leaders try to move past spying scandal

    JAKARTA -- Australian Prime Minister Tony Abbott and Indonesian President Susilo Bambang Yudhoyono agreed Wednesday to quickly draw up a code of conduct for intelligence gathering, in their first face-to-face parley since a phone-tapping flap last f

    June 5, 2014 05:55 am JST
  • Criticism, praise and silence at Asia's shareholders meetings

    BANGKOK -- Now is the season for general shareholders meetings in Asia. The region's growing middle class and corresponding rise in individual investors means major companies are seeing several new faces among their shareholders. The varying moods a

    June 5, 2014 12:00 am JST
  • Southeast Asian women bring fresh perspectives to top jobs

    Philippines BDO takes banking to the peopleThe SM group is a Philippines conglomerate made up of the country's largest shopping mall chain and one of its biggest banks. The family operation was founded by Chinese-Filipino business tycoon Henry Sy, w

    June 5, 2014 12:00 am JST
  • Thai instability to impact region

    The events unfolding in Thailand are likely to have an impact on regional integration, said Asean Secretary-General Le Luong Minh. "We are in the process of building the Asean Economic Community," Minh said on the second day of the conference. "

    June 5, 2014 12:00 am JST
  • Infrastructure, cross-border connectivity vital to development

    Asia needs stability, or at least the perception of stability, to continue its economic growth, said Surin Pitsuwan, former secretary-general of the Association of Southeast Asian Nations. He stressed his belief that shared expansion throughout East

    June 5, 2014 12:00 am JST
  • Criticism, praise and silence at Asia's shareholders meetings

    BANGKOK -- Now is the season for general shareholders meetings in Asia. The region's growing middle class and corresponding rise in individual investors means major companies are seeing several new faces among their shareholders. The varying moods a

    June 5, 2014 12:00 am JST
  • Malaysia Airlines mulls its turnaround options

    SINGAPORE -- Malaysia Airlines is under pressure to restructure after a long period of weak earnings. Opposition by the employees union, a base of support for the government, makes this easier said than done. The company's stock has been languis

    June 5, 2014 12:00 am JST
  • In politics, big gains, many pains

    BANGKOK -- More than a few women have ascended to lead Southeast Asian countries, but many have come from powerful families. Unable to fully exhibit their true potential, they have tended to become caught within power struggles. "I served with p

    June 5, 2014 12:00 am JST
  • Female CEOs making their mark

    Female executives are making their presence felt across Southeast Asia. With flexible ideas, customer-centered perspectives, attention to detail, risk management and other positive characteristics, they are breathing fresh air into industry and taki

    June 5, 2014 12:00 am JST
  • Lessons from Asean infrastructure development

    For fast-developing economies throughout the world, infrastructure holds the key to sustainable growth. Southeast Asia is no exception, particularly in light of the ambitious plan by the 10-member Association of Southeast Asian Nations to launch an

    June 4, 2014 01:00 pm JST
  • Ciputra Development might cut earnings forecast in second half of 2014

    JAKARTA -- Ciputra Development said Tuesday it would consider revising down its earnings forecast for 2014, after Indonesian property developer reported sluggish performance in the first quarter. At a press conference in central Jakarta, finance

    June 4, 2014 12:56 pm JST
  • Overseas investors return to Asian bond markets, ADB reports

    MANILA -- Foreign investors are returning to East Asia's emerging markets, boosting their holdings of local currency-denominated bonds on the back of robust economic growth in the region, the Asian Development Bank said Wednesday. In its latest

    June 4, 2014 12:52 pm JST
  • Frederic Neumann: First India, now Indonesia?

    India's election was a game-changer. Narendra Modi's thumping victory holds out the prospect of far-reaching reforms that will ultimately foster growth, even if this may take a little more time than investors would like to believe. Now hopes are

    June 3, 2014 07:00 pm JST
  • Ciputra to open eye clinic in Jakarta as it branches out from real estate

    JAKARTA -- The Indonesian conglomerate Ciputra Group will open an eye clinic in Jakarta by the end of this year as the company, better known for its real estate business, invests more in the medical field. Ciputra Development, the group's proper

    June 3, 2014 01:00 pm JST
  • Indonesia's nickel export ban pushes Aneka Tambang to quarterly loss

    JAKARTA -- Indonesia's largest nickel producer, Aneka Tambang, reported a net loss for the first three months of 2014. Its earnings were hit hard by the government's decision at the start of the year to ban exports of nickel ore. The state-owned

    June 2, 2014 05:00 pm JST