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  • *Top producers India, Thailand and Vietnam suffer severe drought. A heat wave is sweeping top rice exporter India, while the No.2 supplier Thailand is facing a second year of drought. "As of now we haven't seen a large price reaction to hot and dry weather because we have had such significant surplus stocks in India and Thailand.

  • Go-Jek, a play on the local word for motorbike taxis, has become popular among commuters on the traffic-clogged streets of Jakarta as its phone app removes much of the hassle of finding a driver and negotiating fares. But Go-Jek cannot afford to continue relying on subsidies as "you end up where you run out of money", Go-Jek founder Nadiem Makarim told Reuters on the...

  • At first glance, iflix might appear to have a lot in common with Netflix, but CEO Mark Britt is adamant that the two companies are not competing.

  • MNC Group's business outlook

    Hary Tanoesoedibjo, MNC Group president and CEO, identifies challenges in Indonesia that hinder OTT content from taking off.

  • *Poses risk to coffee crops in Vietnam, Indonesia. LONDON/ HANOI, April 22- The growing likelihood of La Nina could be good news for coffee producers in drought-hit Colombia where the weather pattern is associated with heavy rains and the sugar sector in India where it may trigger a stronger-than-normal monsoon. Traders and analysts said, however, much would...

  • SEOUL/ JAKARTA, April 22- Months after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported this week.

  • Indonesia economy

    Economics professor and former Indonesian finance minister, Chatib Basri, says negative interest rates elsewhere will drive investments into the Southeast Asian nation.

  • *Indonesian, Malaysia, Philippines ministers to meet. JAKARTA, April 21- Indonesia fears piracy on a shipping route along its sea border with the Philippines could reach Somalian levels and has told vessels to avoid danger areas, officials said on Thursday, after a spate of kidnappings. Concerns over maritime attacks by suspected Islamist militants are...

  • *Indonesia, Malaysia, Philippines ministers to meet in Jakarta. JAKARTA, April 21- Indonesia fears piracy on a busy shipping route along its maritime border with the Philippines could hit levels seen in Somalia unless security is tightened, its chief security minister said on Thursday, following a spate of kidnappings. For the first time, concerns over rising...

  • Indonesia's E-commerce Scene

    Rudy Ramawy, managing partner at Southeast Asia-focused Venturra Capital, says investment-worthy sectors in the region's start-up scene include transportation and e-commerce.

  • Speaker of the House of Commons John Bercow (R) applauds Indonesia's President Joko Widodo, who spoke to parliamentarians at the Palace of Westminster on April 19, 2016 in London.

    Infrastructure investment is likely at the top of the Indonesian president's mind as he tours Europe, but E.U. officials may have other ideas.

  • JAKARTA, April 20- Authorities from at least two Indonesian coal ports have stopped allowing vessels to leave for the Philippines due to security concerns following a spate of ship hijackings in the southern Philippines, a government official said on Wednesday. Departure permits for the Philippines were no longer available for shipping vessels at the Port...

  • Customers and real estate agents looking at several building models at a real estate exhibition in Jiashan, east China's Zhejiang province.

    Bank of America Merrill Lynch reversed its five-year long negative view on emerging markets, partly based on its view of a stabilizing China.

  • *Sale is the biggest deal involving Myanmar assets. HONG KONG/ SINGAPORE, April 18- U.S. oil and gas major Chevron Corp has put its Myanmar gas block stakes worth an estimated $1.3 billion up for sale, banking sources familiar with the matter said, in what would mark the biggest M&A transaction involving the country's assets. "Companies understand that Myanmar is in a...

  • SINGAPORE, April 18- Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output, leaving the credibility of the OPEC producer cartel in tatters and the world awash with unwanted fuel. Tensions between Saudi Arabia and Iran were blamed for the failure, which revived industry fears that major...

  • Indonesia President Jokowi to visit UK

    There are opportunities for foreign investors as Indonesia looks to scale up infrastructure, says UK MP and trade envoy to the country, Richard Graham.

  • JAKARTA, April 15- Indonesian state miners may team up with a consortium including prominent businessman Arifin Panigoro to buy a controlling stake in Newmont Mining Corp's local operations, an official at the state enterprises ministry said on Friday. Panigoro's group offered to buy a controlling stake in PT Newmont Nusa Tenggara, which runs Indonesia's...

  • CNBC Exclusive: Lippo Karawaci

    Indonesia's economy is doing well but the flow-through to diverse companies is yet to be seen, says Lippo Karawaci executive director, Mark Wong.

  • BEIJING/ BENGALURU, April 12- Alibaba Group Holding Ltd has agreed to buy a controlling stake in Southeast Asian online retailer Lazada Group for about $1 billion, its biggest deal overseas, as the Chinese ecommerce giant seeks fertile new turf while growth slows at home. Lazada, founded by Germany's Rocket Internet in 2012, is headquartered in Singapore and...

  • BEIJING/ BENGALURU, April 12- Alibaba Group Holding Ltd said on Tuesday it has agreed to buy a controlling stake in Southeast Asia online retailer Lazada Group for about $1 billion, its biggest deal overseas, as the Chinese e-commerce giant seeks fertile new turf while growth slows at home. Lazada, founded by Germany's Rocket Internet in 2012, is headquartered in...