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Banks planning to raise interest rates on time deposits (Jul 24)
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Garuda, Korean Air sign agreement on marketing cooperation (Jul 24)
Indonesian flag carrier Garuda Indonesia and Korean Air have agreed to cooperate more closely in the marketing of their services. read more


Kogas to pay highest price for RI gas (Jul 24)
Korea Gas Corp (Kogas) has agreed to buy liquefied natural gas (LNG) from the Tangguh project at the record price of US$20 per million British thermal units (mmbtu). read more


Charoen Pokphand Indonesia profit doubles (Jul 24)
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Note to HR managers: Invest in people (Jul 24)
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OECD to look over RI's prospects, challenges (Jul 24)
The Organization for Economic Cooperation and Development (OECD) Secretary-General, Angel Gurria, is to launch the OECD's first economic assessment of Indonesia here today. read more


Trada eyes rp 408b from IPO proceeds (Jul 24)
PT Trada Maritime is expecting to raise at least Rp 480 billion (US$52.1 million) from its plan to sell 45.81 percent of its shares through an initial public offering (IPO) in August. read more


Aston Bogor Hotel to open in December (Jul 24)
BOGOR: Subsidiary of property developer PT Bakrieland, PT Graha Andrasentra Propertindo, and the international property management Aston International signed an agreement Wednesday to cooperate inread more


Oil drops below US$128 a barrel in Asia (Jul 23)
Oil prices slipped further Wednesday after tumbling more than US$3 a barrel in the previous session as a hurricane looked likely to spare key oil installations in the U.S. Gulf of Mexico.read more


Pertamina to increase fuel imports to compensate for refinery repairs (Jul 23)
State oil and gas company PT Pertamina will raise its fuel imports by 60 percent for a month starting August to compensate for a pause in production at its Cilacap refinery in Central Java. read more