Showing 1 - 10 of 25
CMAN to Acquire 60% Stake in Indonesian Lime Firm
Published on 14/10/2025
» Expanding its footprint across Southeast Asia, Chememan Public Company Limited (CMAN) has entered into agreements to acquire a 60% equity stake in PT Bukit Bunea (BB), a subsidiary of Indonesia’s PT Citatah Tbk (CTTH). The acquisition, valued at USD 10.5 million (approximately THB 336 million), will be executed through the purchase of newly issued shares under a Conditional Shares Subscription Agreement (CSSA) and a Shareholders’ Agreement (SHA) with CTTH and its founder, Mr Taufik Johannes. The strategic investment remains subject to customary conditions precedent and is expected to be completed by the second quarter of 2026.
Indonesia poised to export durians to China, threatening Thai dominance
South China Morning Post, Published on 21/03/2025
» HONG KONG — Indonesia is expanding cultivation and completing legal procedures in preparation to begin exporting durians to China, offering consumers a new - and possibly cheaper - alternative to fruit from Thailand and Vietnam.
Malaysia starts 'luxury' durian exports to China as Indonesia sniffs the market
South China Morning Post, Published on 27/08/2024
» BEIJING - Malaysia's first shipment of fresh durian to the giant China market has arrived, vying for demand from eager consumers who are used to buying the spiky and pungent fruit from Thailand and Vietnam.
Indonesia offers 5 oil, gas blocks in first auction of 2024
Reuters, Published on 14/05/2024
» TANGERANG - Indonesia has launched its first oil and gas auction this year with an offering of five oil and gas blocks, energy ministry senior official Dadan Kusdiana said on Tuesday.
Indonesia on value-adding crusade
Bloomberg News, Published on 25/02/2023
» The value of Indonesia’s nickel exports surged tenfold in five years after it forced buyers to set up refineries in the country. Now Southeast Asia’s biggest economy plans to use that blueprint to vault nto the ranks of higher-income economies by processing everything from copper to fish.
Indonesia bans bauxite exports in latest protectionist move
Bloomberg News, Published on 21/12/2022
» JAKARTA: Indonesia will impose a ban on bauxite exports from the middle of next year, the country’s latest move aimed at boosting domestic processing of its mineral resources.
Explainer: How important is China-Indonesia trade, and what are the main exports?
South China Morning Post, Published on 27/07/2022
» Indonesian president Joko Widodo became the first foreign leader to hold a face-to-face meeting with President Xi Jinping since February on Tuesday.
Indonesia's green ambitions
Asia focus, Ismira Lutfia Tisnadibrata, Published on 01/11/2021
» Construction of the country's first floating solar power plant, along with other renewable energy installations, mark a new phase in Indonesia's green quest to phase out dependence on fossil fuel and achieve its goals of net zero emissions by 2060.
Indonesia could have key EV edge
Asia focus, Thaweelap Rittapirom, Published on 05/07/2021
» Indonesia is the world's top producer of nickel, accounting for up to 30% of global production. It has the world's largest nickel reserves, which are set to last for more than 30 years, and also boasts large amounts of copper, bauxite and nickel ore.
Two-way street
Asia focus, Pattama Kuentak, Published on 01/06/2020
» The European Union and the Association of Southeast Asian Nations (Asean) have vowed to strengthen their cooperation at a time when the world is facing unprecedented health and economic crisis caused by coronavirus outbreak.