Despite further slowing economic growth in 2014 and possible rupiah depreciation ahead of higher US interest rates later this year, global ratings agency Moody’s Investor Service said that the outlook for Indonesian companies is stable in terms of foreign exchange risks. Brian Grieser, Vice President and Senior Analyst of Corporate Finance at Moody’s, believes that weak rupiah performance is manageable for most of these companies. Starting from mid-2013, Indonesia’s rupiah has depreciated significantly amid US monetary tightening.

Read more ›

Indonesia Investments added a preliminary company profile of PT MNC Investama Tbk (BHIT) in the Indonesian Companies' section. MNC Investama, which was formerly known as Bhakti Investama until it changed its name in May 2013, is one of Indonesia's leading investment companies. Its businesses include media, financial services, energy & natural resources and portfolio investments. The company was founded by business tycoon Hary Tanoesoedibjo, one of the richest Indonesians and who still holds are large stake in the company.

Read more ›