Category: PMN Business

Oct 2

Bank of Japan survey shows manufacturers optimistic about economy

Article content TOKYO (AP) — Business sentiment among big Japanese manufacturers improved in July-September for the second straight quarter, according to a central bank survey released Monday. The Bank of Japan’s “tankan” quarterly survey measured business sentiment among major manufacturers at plus 9, up from plus 5 in June. Article content Sentiment among major non-manufacturers […]
Oct 2

Barito Renewables to Raise $203 Million in IPO Priced at Top

Article content (Bloomberg) — PT Barito Renewables Energy, owned by Indonesian billionaire Prajogo Pangestu, is poised to raise 3.13 trillion rupiah ($203 million) through an initial public offering in Jakarta, according to a statement published on Monday.  The company, which has Pangestu’s energy firm PT Barito Pacific as its main shareholder, priced the shares at […]
Oct 1

Indonesia is set to launch Southeast Asia’s first high-speed railway, largely funded by China

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Niniek Karmini Published Sep 30, 2023  •  3 minute read Join the conversation Article content JAKARTA, Indonesia (AP) — Indonesia is launching Southeast Asia’s first high-speed railway, a key project under China’s Belt and Road infrastructure initiative that will cut travel time between […]