The rupiah weakened further 0.87% to Rp14,507 on Thursday (Dec 6) inline with other currencies. There is also risk triggered by the lack of clarity in the US-China trade truce and increasing concerns over a global recession....
Read MoreRukun Raharja (RAJA) plans to add a new business line in the clean water sector in 2019 through acquisition. It allocates US$1.6-2 million for the said acquisition, funded by internal cash.
Read MoreIn mid-November, the Government of Indonesia announced that it would allow foreigners to own shares in 54 business types by revising the Negative Investment List (DNI), but it has now changed its mind. The Government has taken out 13 business types from the consideration, bringing the number of revision down to 41 business types to be opened to foreign ownership.
Read MoreCrude oil decreased 0.83% to US$51.14 per barrel on Friday (December 7) Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946. Yesterday, the Organisation of...
Read MoreSolid, though decelerating, global economic growth will continue to support banks’ creditworthiness in 2019, says Moody’s Investors Service in a report published on Thursday (Dec 6). Geopolitical and domestic risks, however,...
Read More