Indonesia sets economic growth between 5.2% and 5.6%, Google to pay up taxes

Bank Indonesia (BI) had offered a range of 5.1 per cent to 5.5 per cent with lawmakers leaning towards the range BI has set.

Jun 14, 2017

Moody's changes outlook on Indonesian banking system from stable to positive

Moody's assessment of Indonesia's banking system is based on five factors.

Jun 13, 2017

Malaysia: Boustead Plantations looks ahead of dwindling crude oil prices, aims at boosting efficiency

The group expects a larger CPO production from next month spanning to early next year with the group posting a surge in its revenue.

Jun 13, 2017

Garuda Indonesia soars above challenges, gears up for growth

Antara News quoted Garuda Indonesia President Director, Pahala N Mansury, saying that the airline would focus on performance improvement.

Jun 12, 2017

Malaysia: Sapura Energy earns 'outperform' call following contracts worth RM879m

Sapura Energy was given an "outperform" call with a target price of RM2.08.

Jun 9, 2017

Indonesia: Job opportunities on horizon as investment grade rating spurs capital inflows

He said larger money circulation would increase the regional economies and boost peoples' buying power.

Jun 9, 2017

Indonesian tax revision raises grouses, finance ministry revises plan

According to reports, the Finance Ministry said the revision was pulled following the feedback from related stakeholders.

Jun 8, 2017

Indonesian tourism industry takes blow from Qatar diplomatic row

Transportation Ministry's Aviation Director Maria Kristi Endah Murni says that the latest policy had a minor impact on their flight operations.

Jun 7, 2017

Malaysian palm oil giant suspends CEO and CFO, probe launched over PwC findings

In a statement issued to Bursa Malaysia, the company said it could continue its business as usual.

Jun 6, 2017

Indonesia: Energy Ministry announces petrol price review post-Idul Fitri celebrations

The review which is expected to affect the subsidised Premium Ron 8 and diesel oil will be done in July as reported by Antara News on Tuesday.

Jun 6, 2017

E&E sector spurs Malaysia's April exports up by 20.6%

According to data released by the Statistics Department, the imports sector grew to RM65.21 billion or 24.7%, which was below the 31.3% forecast by economists' reported The Star Online.

Jun 5, 2017

Indonesia-Japan partnership paving way for rail development

The six train sets are expected to be operational on June 14.

Jun 5, 2017

Deutsche Bank: Deeper Asean integration is the key to achieve AEC 2025 Vision

The report highlighted the fundamental role played by digital technology in facilitating integration and sustainable economic growth.

Jun 2, 2017

Indonesia: Inflation rises as government battles to control prices

The inflation rate in May brought the annual inflation to 4.33% year-on-year.

Jun 2, 2017

Malaysia-China set to meet over Bandar Malaysia, Melaka Gateway proposals

The meeting will include discussions to jointly develop the Bandar Malaysia project, which is linked to the nation's controversial state investment fund 1Malaysia Development Bhd (1MDB).

Jun 1, 2017

BI, Public Works Ministry to roll out electronic tolls in October

The partnership entails a non-cash payment system on toll roads while establishing an electronic toll collection consortium to manage the system.

Jun 1, 2017

Positive outlook for Malaysia's US$96.1 billion international reserves

The detailed breakdown of international reserves showed positive information on the size, composition, and usability of the reserves and other foreign currency assets.

May 31, 2017

Proton-Geely deal may boost production plans but raises doubts over saleability

Proton, under the conglomerate DRB-Hicom will see Chinese automaker Zhejiang Geely Holding Group acquiring a 49.9% stake in the company.

May 30, 2017

Airbnb to expand in Indonesia, Korean Air expands wings in Lombok

Airbnb's country manager said Indonesia was an important country not only in the Southeast Asia region but also for the entire Asia Pacific region.

May 30, 2017

AirAsia expands beyond Asean; Japanese operations to commence in late 2017

Aireen added that this year, the group fleet size is expected to grow by 29 aircraft, making it 203 A320s by the end of the year.

May 29, 2017