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City turns down Palyja offer to sell water shares

Paper Edition | Page: 9 Jakarta water company PT PAM Jaya rejected France-based utility company Suez Environment’s request to sell its 51 percent stake in private firm PT Pam Lyonnaise Jaya (Palyja)...

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Board Charter (Goliath Gold Mining Limited)

(Source: Goliath Gold Mining Limited) BOARO CHARTER 1. GENERAL 1.1 lnterpretation. This Charter constitutes the terms of reference of the Board of Directors (the "Board") of Goliath Gold Mining...

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Analysis: India is Asia's weakest link in QE-driven rout

SINGAPORE (Reuters) - India is emerging Asia's canary in the 'hot money' mine. As financial markets sell off on concerns over rising U.S. rates, what happens in India, an economy with slowing growth...

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Economy in brief: PLN issues Rp 3 trillion bonds for expansion

Paper Edition | Page: 14 JAKARTA: State-owned electricity company PLN will offer bonds worth Rp 12 trillion (US$1.23 billion) to finance the expansion of...

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Philippines Holds Rates as Capital Outflows Buffet Stocks

The Philippines held its benchmark interest rate and refrained from adding to cuts on its special deposit accounts as Southeast Asia battles capital outflows that have pummeled stocks and currencies....

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Debt Ratios Remain at Comfortable Levels in Q1 2013 (Bangko Sentral ng...

(Source: Bangko Sentral ng Pilipinas) 06.21.2013 Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. reported that the country's outstanding external debt approved/registered by the BSP...

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UPDATE 1-Indonesia's Bosowa Corp set to buy 30 pct stake of Bank...

(Adds quotes, details) JAKARTA, June 13 (Reuters) - Indonesian conglomerate Bosowa Corp is set to be announced as the preferred buyer of a 30 percent stake in mid-size lender Bank Bukopin, worth about...

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Globe Telecom bags award on corporate governance

Globe Telecom was recognized as one of Asia’s Outstanding Company on Corporate Governance at the 9th Corporate Governance Asia Recognition Awards. The recognition was given by the Corporate Governance...

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ADB reaffirms development partnership with West Java, Indonesia

JAKARTA, June 26 (Xinhua) -- An official meeting held between senior officials of Indonesia's West Java Province and the Asian Development Bank (ADB) has reaffirmed the ADB's long-term commitment to...

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Global supervisors take tough line on bank leverage

LONDON, June 26 (Reuters) - Global banking regulators have taken a tough line on how much risk banks can take on in a move that will mostly hit those lenders holding large amounts of financial...

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Eaton to Provide Engine-Driven Pumps, AC Motorpumps for Jakarta-Based...

(Source: Eaton Corporation) Eaton to Provide Engine-Driven Pumps, AC Motorpumps for Jakarta-Based Citilink's New Fleet of Airbus A320 Jets PARIS … Diversified industrial manufacturer Eaton will supply...

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Corporate responsibility call for views published (British Prime Minister's...

(Source: British Prime Minister's Office) The Minister outlined proposals by government to build and act upon the evidence base on the benefits and obstacles for businesses in promoting ethical,...

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Corporate Governance Roundup: ASEAN Scorecard, Transparency In Brazil,...

By Matt, Orsagh, CFA, CIPM From the development of a corporate governance scorecard in Southeast Asia and executive and board transparency in Brazil to debate over redrafting the corporate governance...

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Saratoga Cuts Indonesia IPO by A Third

By LINDA SILAEN, I MADE SENTANA, P.R. VENKAT and CRIS LARANO An Indonesian private-equity fund cut the size of its initial public offering by around a third to $151 million, falling victim to the...

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Proposals for international leverage ratio and associated disclosure...

(Source: BIS - Bank for International Settlements) 26 June 2013 The Basel Committee on Banking Supervision has published today its Revised Basel III Leverage Ratio Framework and Disclosure...

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Bank Indonesia prepared to Strengthen Policy Mix (Bank Indonesia)

(Source: Bank Indonesia) Title Bank Indonesia prepared to Strengthen Policy Mix Data Source Communication Department Date 2-07-2013 Hits 114 Contact Communication Department, Fax.: (62-21) 350-1867,...

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Melco Crown Philippines is the First Manila Casino Resort Operator Honored...

Highlights Melco Crown Philippines' Wide Recognition upon its Entry into the Philippine Market Manila, Philippines, June 20, 2013 - (ACN Newswire) - Integrated resort developer Melco Crown...

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BNI eyes higher trade finance on infrastructure projects

Paper Edition | Page: 14 State-owned Bank Negara Indonesia (BNI) aims at booking higher trade finance business this year by focusing on infrastructure projects and small and medium enterprises (SMEs)....

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Asian Century Business Grant Winners (Parliamentary Secretary for Trade)...

(Source: AUSTRADE - Australian Trade Commission) A total of 27 member-based business organisations have been awarded grants to help them expand their networks in Asia under the Australian Government's...

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Indonesia Fund Sees Opportunity in Stock Slump: Southeast Asia

PT Jamsostek, Indonesia’s biggest pension fund, said the nation’s benchmark stock index will extend losses, giving the manager an opportunity to boost equity holdings amid optimism about the country’s...

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