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PETALING JAYA: Sime Darby Plantation Bhd is said to be mulling a multi-billion ringgit corporate exercise involving its plantation estate in Indonesia known as Minamas Plantation.
PETALING JAYA: Maybank IB Research has reiterates its defensive core equity strategy given the persisting headwinds in the Malaysian equity market.
JAKARTA: Indonesia posted its widest trade deficit in more than five years in November as exports fell, adding pressure on the currency.
PETALING JAYA: Indonesia rupiah hit an all-time low of 14,933 against the US dollar. The emerging market crisis has sent the currency of the country with the largest population in the region to a level last seen during the 1998 Asian financial crisis.
Obtained two loans from Retirement Fund Inc (KWAP) amounting to RM4bil
AS Malaysians prepare to go to the polls, emerging-market currencies and the stock market are falling under the weight of the appreciating US dollar and the rise in US interest rates.
JAKARTA: A string of fatal accidents is threatening to derail Indonesia’s relentless infrastructure drive ahead of the Asian Games, a push seen as a key to revving up growth in South-East Asia’s biggest economy.
JAKARTA: Loose or corroded joints may have caused the sudden collapse of a mezzanine floor at the Indonesian Stock Exchange building this week that sent visiting students plunging to the ground, a preliminary report by the public works ministry has found.
PUTRAJAYA: Malaysian students and officials who were in the Jakarta Stock Exchange when its mezzanine floor collapsed on Monday (Jan 15) are safe, Wisma Putra said on Tuesday (Jan 16).
JAKARTA: Indonesian investigators were sifting through the rubble at Jakarta’s stock exchange complex Tuesday as they looked for clues on what caused a walkway collapse that left scores injured, including dozens of students.