Bank Pikko plans to merge with the publicly listed Bank Danpac in
Bank Pikko plans to merge with the publicly listed Bank Danpac in
a bid to create a more efficient and stronger banking
institution, according to the former's president Ary Karyono.
State-owned fertilizer company PT Pupuk Sriwijaya, also known as
Pusri, plans to shed up to 1,300 workers from its 5,210-strong
workforce as part of an efficiency program.
Japanese steelmaker Kobe Steel Ltd. said Friday it would cuts its
workforce by 1,300 to cope with sluggish domestic demand and
flagging steel prices.
The world's largest chip-maker Intel is to invest US$302 million
in China to expand its chip packaging and testing plant in
Shanghai, the company said Friday.
India is to get a US$240 million loan from the Asian Development
Bank (ADB) to upgrade its national highway system, the
multilateral lender said Friday.
Saigon Post and Telecommunications (Saigon Postel) said on Friday
it received a license for a $230 million project to develop
Vietnam's third mobile telephone network with a Singapore-based
South Korean joint venture.
German insurance giant Allianz said Friday it expected claims
arising from the terrorist attacks in the United States to be
higher than expected and was therefore cutting its earnings
forecast for this year.
China's leading oil company PetroChina will open 18 new areas for
oil and gas exploration and development by foreign firms, state
media said Friday.
Bank Pikko plans to merge with the publicly listed Bank Danpac in
a bid to create a more efficient and stronger banking
institution, according to the former's president Ary Karyono.
State-owned fertilizer company PT Pupuk Sriwijaya, also known as
Pusri, plans to shed up to 1,300 workers from its 5,210-strong
workforce as part of an efficiency program.
Japanese steelmaker Kobe Steel Ltd. said Friday it would cuts its
workforce by 1,300 to cope with sluggish domestic demand and
flagging steel prices.
The world's largest chip-maker Intel is to invest US$302 million
in China to expand its chip packaging and testing plant in
Shanghai, the company said Friday.
India is to get a US$240 million loan from the Asian Development
Bank (ADB) to upgrade its national highway system, the
multilateral lender said Friday.
Saigon Post and Telecommunications (Saigon Postel) said on Friday
it received a license for a $230 million project to develop
Vietnam's third mobile telephone network with a Singapore-based
South Korean joint venture.
German insurance giant Allianz said Friday it expected claims
arising from the terrorist attacks in the United States to be
higher than expected and was therefore cutting its earnings
forecast for this year.
China's leading oil company PetroChina will open 18 new areas for
oil and gas exploration and development by foreign firms, state
media said Friday.