ICRA pulls out services from Indonesia

Last Updated: Monday, June 15, 2015, 17:44

Rating agency ICRA Ltd Monday said it has withdrawn its services from Indonesia in the wake of significant challenges in the current environment in the country.

Not so fast: Thrifty consumers put brakes on Indonesia's economy

Last Updated: Sunday, June 7, 2015, 09:10

The Muslim fasting month is traditionally a time of plenty in Indonesia: shoppers throng Jakarta`s markets snapping up gifts to exchange at extravagant fast-breaking celebrations.

AirAsia profit up in Q1 on lower fuel costs

Last Updated: Friday, May 29, 2015, 15:59

Malaysia-based AirAsia, the region`s biggest low-cost carrier by fleet size, said its first-quarter net profit climbed seven percent year-on-year due mainly to lower fuel and operating costs.

Indonesia's quarterly growth slowest since 2009

Last Updated: Tuesday, May 5, 2015, 12:31

The economy expanded a lower-than-expected 4.71 percent year-on-year in the three months to the end of March, according to the statistics agency.

S&P downgrades outlook on Tata Power

Last Updated: Friday, April 24, 2015, 00:40

Rating agency Standard & Poor's (S&P) has revised downwards its outlook on Tata Power Company (TPC) to 'stable' from 'positive', citing slow progress on tariff revisions for Mundra project and delay in receiving the proceeds from the stake sale in its Indonesian coal mine.

Jet Airways expands codeshare pacts with Vietnamese, Indonesian carriers

Last Updated: Friday, April 10, 2015, 19:46

Private carrier Jet Airways Friday announced expansion of its codeshare pacts with the national carriers of Vietnam and Indonesia, which would allow its passengers unhindered air travel to the ASEAN region.

Tata Comm, Indosat tie up for telecom services in Indonesia

Last Updated: Thursday, March 26, 2015, 14:37

Internet firm Tata Communications and Indonesia's telecom major Indosat have entered into a partnership for providing communication solutions to business houses in the island nation.

Zee launches entertainment channel in Indonesia

Last Updated: Monday, March 23, 2015, 13:59

The new channel would feature popular Indian serials localised for the Indonesian audience, the Essel Group firm on Monday said in a statement.

India opposes new US proposal on food stockholding at the WTO

Last Updated: Sunday, March 22, 2015, 17:02

India and other members of the G-33 grouping have opposed a new US proposal for a permanent solution to the factious issue of food stockholding for food security in developing countries at the second informal meeting at the WTO this year.

GM's Indonesia closure highlights automakers' emerging markets woes

Last Updated: Friday, February 27, 2015, 02:36

General Motors Co`s decision to shutter a car factory in Indonesia comes as global automakers rethink the timing and scope of investments in emerging markets once touted as engines of growth.