Pan Brothers
Indonesian clothing company in expansion drive
Publicly listed Indonesian garment manufacturer Pan Brothers has prepared $70 million for a massive three-year expansion to help the company tap the potential of...
Indonesia pushes Central Java as Asian low-cost manufacturing hub
The sleepy province of Central Java, which has long been the heartland of a Javanese culture that frowned on aggressive profit-seeking, is trying to...
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Garuda halves debt, believes profitability in sight
Indonesia’s national carrier Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations with creditors, according to a...
Stories of the week
ING next foreign bank to exit retail banking in the Philippines
Dutch financial services group ING Bank is exiting the retail banking market in the Philippines, just shortly after US banking giant Citi did the...