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Indonesia’s Bakrieland pays $29m debt, avoids default

Indonesia’s Bakrieland pays $29m debt, avoids default

14-Mar-2013 Intellasia | The Jakarta Globe | 6:00 AM

Indonesian property firm Bakrieland Development has obtained last-minute funding to redeem a Rp 280 billion ($29 million) bond, avoiding default in the latest of a series of [...]
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Indonesia’s Bakrie property unit fails to pay $29m in debt

13-Mar-2013 Intellasia | Reuters | 6:00 AM

Shares in PT Bakrieland Development were suspended on Monday after the Indonesian property firm failed to redeem a $29 million bond, the latest in a series of financial [...]
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Indonesia’s palm oil exports drop in January as China buys less

13-Mar-2013 Intellasia | bloomberg | 6:00 AM

Palm oil exports from Indonesia, the largest producer, fell for a second straight month in January as sales to China declined, an industry group said. Shipments, which [...]
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Indonesia awarded the second-best exhibitor

13-Mar-2013 Intellasia | thejakartapost | 6:00 AM

Indonesia’s “impressive” pavilion at the international travel trade show, the Internationale Tourismus Borse (ITB) Berlin, has earned the country an award [...]
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Indonesia, Thailand emerge top luxury residential markets in 2012

13-Mar-2013 Intellasia | globalpropertyguide | 6:00 AM

Luxury residential markets in the cities of Jakarta and Bali, Indonesia had been touted as growth markets in 2012, Knight Frank’s prime International Residential Index [...]
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Indonesian government will regulate entrepreneurship and technology incubators

Indonesian government will regulate entrepreneurship and technology incubators

12-Mar-2013 Intellasia | AFP | 2:07 PM

Indonesian government will regulate entrepreneurship and technology incubators in order to legitimise all entities involved in this sector. Good news for all tech startups in [...]
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Premier jets off to Indonesia

12-Mar-2013 Intellasia | thenewage.co.za | 6:00 AM

Premier Noxolo Kiviet is leading a 13-member delegation on a seven-day visit to Indonesia aimed at establishing cooperation agreements on how her provincial government can [...]
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Insight: Improving Indonesia’s energy security

12-Mar-2013 Intellasia | thejakartapost | 6:00 AM

It says much about the nature of global issues today that energy has entered the hitherto hallowed realm of security, which was once reserved for issues of state and war. [...]
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Australia offers Indonesia Corby parole guarantees

12-Mar-2013 Intellasia | globalpost | 6:00 AM

Australia on Sunday said it had offered Indonesia a formal guarantee that drug trafficker Schapelle Corby would comply with parole in a letter supporting her release from [...]
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Road building to drive sales of heavy trucks in Indonesia

12-Mar-2013 Intellasia | thejakartaglobe | 6:00 AM

Increasing demand due to infrastructure improvement, fleet rejuvenation and lively domestic trade will drive up sales for medium and heavy-duty trucks in Indonesia, said [...]
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Editorial: Seizing the moment in Indonesia’s surging economy

12-Mar-2013 Intellasia | thejakartaglobe | 6:00 AM

These are exciting times for Indonesia’s equity market. The Jakarta Composite Index rose to a new record high on Friday amid positive sentiment from US and Japanese [...]
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Indonesia too important to avoid trips abroad: SBY

Indonesia too important to avoid trips abroad: SBY

12-Mar-2013 Intellasia | thejakartaglobe | 6:00 AM

President Susilo Bambang Yudhoyono has defended himself against accusations that he went overseas too frequently, saying that if anything he was very selective about choosing [...]
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Tin exports from Indonesia drop for first time in three months

11-Mar-2013 Intellasia | bloomberg | 6:00 AM

Refined tin shipments from Indonesia, the world’s largest exporter, declined for the first time in three months in February after rains disrupted mining. Exports [...]
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Asia Grains-Indonesia buys wheat; Indian soymeal prices rise

11-Mar-2013 Intellasia | Reuters | 6:00 AM

Indonesia bought 25,000 tonnes of Australian wheat for May shipment as global prices continued to slide this week, with improving weather across the US grain belt and other [...]
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Reserves slump to 2-year low

09-Mar-2013 Intellasia | Thejakartapost | 2:54 PM

Bank Indonesia’s (BI) foreign exchange (forex) reserves fell to a two-year low in February due to the sharp increase in US dollar demand from local companies and an [...]
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