With Indonesia's banking sector facing slower loan growth and tightening liquidity, CNBC's Christine Tan speaks to Budi Gunadi Sadikin, CEO of Bank Mandiri, to find out how he is managing the headwinds for the country's biggest player by assets.» Read More
While stabilization may have set in for emerging markets, Paul Bloxham, Chief Economist, Australia & New Zealand at HSBC, says the 'fragile five' remain weak with the Fed's continued taper.
MUMBAI, Feb 14- South Asian buyers are snapping up cargoes of Indian corn as prices drop after favourable weather boosted crops and as farmers in rival exporter Argentina hold back the grain as a hedge against inflation.
In this week's episode, CNBC's Christin Tan speaks to Emirsyah Satar, President and CEO of Garuda Indonesia, who is widely regarded for saving the airline from bankruptcy nine years ago.
*Managers seek half of profit from outside Europe in 5 years. ESSEN, Germany Feb 13- German utility RWE's trading subsidiary is seeking to expand in North American and Asian energy and commodities markets because of Europe's slow growth and increased regulation, a senior manager said.
Prakriti Sofat, senior regional economist at Barclays, says she expects Indonesia's growth to be 5 percent in 2014, down from 5.8 percent the year before.
Ahead of Bank Indonesia's policy meeting, Didik Rachbini, Director of the Institute for Development of Economics and Finance, says businesses will suffer if the central bank continues hiking rates.
Emirsyah Satar, President & CEO, Garuda Indonesia, warns that the airline will have to enforce cost-cutting measures to boost yields, which have been hit by reduced purchasing power.
In this week's episode, CNBC's Christine Tan interviews the founders of Ismaya Group, the firm behind some of Jakarta's hottest restaurants.
Chatib Basri, Finance Minister of Indonesia, explains why the country's current account deficit won't be a problem this year.
Chatib Basri, Finance Minister of Indonesia, discusses the country's upbeat fourth-quarter growth data and explains the country's progress in achieving a trade surplus.
Ahead of Indonesia's fourth quarter GDP release, Daryl Liew, Head Of Portfolio Management at REYL Asset Management, discusses his outlook for the Southeast Asian economy.
TOKYO/ JAKARTA, Feb 5- Asia's central bankers are being forced to juggle their day jobs with what their governments have failed to do- steeling their economies for the hard times. India and Indonesia were first in the firing line of investors last year when the Fed's plans to scale back its $85 billion in monthly cash injections started to take shape.
JAKARTA, Feb 4- Indonesia's mines minister, Jero Wacik, has been on an unusual mission in recent months: finding a way out of implementing his own government's policy. A smiling, well-rehearsed politician, Wacik was earlier tourism minister, pushing the charms of his native Bali island and other Indonesian attractions.
*China firms to build metal smelters in Indonesia. *Underlines how Indonesia export ban is changing flow of commodities. In particular, China will supply coke to its firms constructing plants in Indonesia to make nickel pig iron, a substitute for higher grade refined nickel in stainless steel.
JAKARTA/ SYDNEY, Jan 27- Indonesia's ban on exports of key mineral ores- unless they are processed in the country- risks backfiring as weaker commodity prices mean it is not cost-effective to invest in expensive smelters and refineries.
DAVOS, Switzerland, Jan 24- The world's biggest trading powers committed on Thursday to achieving global free trade in environmental goods, though they gave no timeline for a deal they said would boost the fight against climate change.
DAVOS, Switzerland, Jan 24- The world's biggest trading powers unveiled a joint initiative on Thursday to achieve global free trade in environmental goods to help boost the fight against climate change.
*Nation exported on avg $500 mln/ month of ore, concentrates in Jan- Oct 2013. JAKARTA, Jan 24- Indonesia's metal ore and concentrate exports have ground to a complete halt, government officials said on Friday, signalling the turmoil in the mining sector after a ban on ore shipments and an export tax were imposed nearly two weeks ago.
JAKARTA, Jan 24- Indonesia's metal ore and concentrate exports have ground to a complete halt, a trade ministry official said on Friday, signalling the turmoil in the mining sector after a ban on ore shipments and an export tax were imposed nearly two weeks ago.
Jim O'Neill, former chairman of Goldman Sachs Asset Management, explains why he likes the markets of Mexico, Indonesia, Nigeria and Turkey.