Corporate News

Pulp giant stirs new conflicts with Indonesian villagers

Dec 21, 2017

Less than five years after it pledged to end dozens of disputes over land and gain local consent for new plantations in Indonesia, one of the world's largest paper companies is backsliding on those vows.

AP Exclusive: Pulp giant tied to companies accused of fires

Dec 20, 2017

AP Exclusive: Indonesian paper giant Sinarmas is linked to opaque network of shell companies that own plantations accused of stealing lands and starting forest fires

Greenpeace calls for investigation into Sinarmas dealings

Dec 20, 2017

Greenpeace has called for an investigation into the relationship between paper giant Sinarmas and its wood suppliers after AP found substantial ties between them despite the Indonesian conglomerate's assertions the suppliers are independent.

Indonesia police say policeman killed in Papua mine attack

Nov 15, 2017

Indonesian police say gunmen shot and killed a police officer in the latest attack by separatists near a giant gold and copper mine in easternmost Papua

Malaysia Airlines outgoing CEO says Ryanair needs his help

Oct 18, 2017

Malaysia Airlines outgoing CEO Peter Bellew says he decided to return to Ryanair as a form of national service because the Irish budget airline needed his help

CEO wants Proton to become 1 of SE Asia's top-selling brands

Sep 29, 2017

A new CEO appointed by Chinese automaker Geely to head Malaysia's Proton presented a 10-year plan to revitalize the national car maker as he vows to make Proton among Southeast Asia's top vehicle brands

Vettel's recklessness plays straight into Hamilton's hands

Sep 17, 2017

Vettel's recklessness plays straight into Hamilton's hands at Singapore Grand Prix

Freeport to cut stake in Indonesia mine after gov't pressure

Aug 29, 2017

Indonesia is allowing Freeport-McMoRan to continue operating a giant gold and copper mine after the U.S. mining company agreed to sell a majority stake in the mine

China's Geely buys stakes in Malaysia's Proton, Lotus

May 24, 2017

The Chinese owner of Sweden's Volvo Cars is expanding its presence in Southeast Asia with an agreement to buy 49.9 percent of Malaysian automaker Proton

Standard & Poor's raises Indonesia credit rating

May 19, 2017

Standard & Poor's has raised Indonesia's sovereign credit rating to investment grade in recognition of a more stable political environment and improved control over government finances

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