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Medco to sell stake in power unit to Saratoga

16-Dec-2011 Intellasia | Reuters | 7:01 AM

PT Medco Energi Internasional, Indonesia’s biggest listed oil company, said on Wednesday it will sell a majority stake in its power unit PT Medco Power to private [...]
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Internet to outpace economy three-fold until 2016: Report

16-Dec-2011 Intellasia | Jakarta Post | 7:01 AM

Although Indonesia’s Internet penetration is still low compared to some of Indonesia’s neighbouring countries, the global network has begun to transform the way [...]
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Indonesia’s banks are stable: Moody’s

16-Dec-2011 Intellasia | Jakarta Globe | 7:01 AM

The outlook for Indonesia’s $376 billion banking sector remains stable, said rating agency Moody’s Investors Service, citing the nation’s strong domestic [...]
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Rothschild to snub broker Credit Suisse

16-Dec-2011 Intellasia | CITY A.M | 7:01 AM

Billionaire Nat Rothschild is preparing to sideline longstanding adviser Credit Suisse by appointing a new broker for his London-listed mining venture Bumi, City A.M. can [...]
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Don’t bully RIM, business players warn govt

16-Dec-2011 Intellasia | Jakarta Post | 7:01 AM

The relationship between BlackBerry producer Research in Motion (RIM) and the Indonesian government has hit rock bottom as both parties continue to aggravate one another. [...]
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Indonesia set to approve land law as Yudhoyono seeks infrastructure push

16-Dec-2011 Intellasia | Bloomberg | 7:01 AM

Indonesia’s parliament may approve this week a land-acquisition law that will allow the government to accelerate infrastructure projects, bolstering President Susilo [...]
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WB trims Indonesia 2012 growth forecast to 6.2pct

16-Dec-2011 Intellasia | Brecorder.com | 7:01 AM

The World Bank cut its growth expectations for Indonesia in 2012 to 6.2 percent, from a previous forecast of 6.3 percent, due to weaker global growth prospects and [...]
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Indonesia nods off on road to democracy

15-Dec-2011 Intellasia | SMH.com | 7:01 AM

Last week, the Indonesian President, Susilo Bambang Yudhoyono, delivered a fine, astute speech about democracy. The setting was the Bali Democracy Forum, an annual [...]
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Indonesia may approve land law in boost to Yudhoyono’s infrastructure push

15-Dec-2011 Intellasia | Bloomberg | 7:01 AM

Indonesia’s parliament may approve this week a land-acquisition law that will allow the government to accelerate road, port and airport projects, bolstering President [...]
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Bank Rakyat sees 2011 profit up 20pct, eyes acquisitions

15-Dec-2011 Intellasia | Reuters | 7:01 AM

PT Bank Rakyat Indonesia, the world’s biggest micro lender, aims to spend 1 trillion rupiah ($110.5 million) on buying financial firms, including a stock brokerage, [...]
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‘No political prisoners in Papua’, says Indonesia govt

15-Dec-2011 Intellasia | Jakarta Gglobe | 7:01 AM

Coordinating minister for political, legal and security affairs Djoko Suyanto on Monday denied that there are political prisoners detained in Papua as alleged by human rights [...]
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Indonesia minister denies ‘protectionist’ move: report

Indonesia minister denies ‘protectionist’ move: report

14-Dec-2011 Intellasia | AFP | 7:01 AM

Indonesian Trade minister Gita Wirjawan denied that the country’s move to restrict some imports and exports was protectionist, said a report published Monday. Indonesia [...]
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Resource-rich Sumatra, Kalimantan face flood risk

Resource-rich Sumatra, Kalimantan face flood risk

14-Dec-2011 Intellasia | Reuters | 7:01 AM

Indonesia’s commodity-rich Sumatra and Kalimantan regions are among areas at high risk of flooding this month, the state weather agency said on Monday, adding to the [...]
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AirAsia Indonesia postpones IPO until next year

AirAsia Indonesia postpones IPO until next year

14-Dec-2011 Intellasia | AFP | 7:01 AM

The Indonesian subsidiary of Asia’s biggest budget carrier AirAsia will postpone its initial public offering (IPO) until next year due to the global economic slowdown, [...]
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Indonesia threatens to cut BlackBerry data service

Indonesia threatens to cut BlackBerry data service

13-Dec-2011 Intellasia | AFP | 7:01 AM

Indonesia has threatened to cut data services used by millions of BlackBerry customers, the industry body said Saturday, in an ongoing spat over infrastructure and government [...]
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