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CBA bids for 83% stake in Indonesia's Bank Arta Niaga

Tue, 9 Jan 2007 15:10:00 GMT | banking-business-review.com

Bank Commonwealth, the Indonesia unit of Commonwealth Bank of Australia, has revealed plans to purchase 157.71 million shares of Indonesia's Bank Arta Niaga Kencana at IDR1,660 each. The purchase would give Bank Commonwealth an 83% stake in the bank, for a total consideration of A$29 million.


Official: Indonesia could lose 2,000 islands to global warming by 2030

Mon, 29 Jan 2007 03:41:00 -0500 | canoe CNEWS

JAKARTA, Indonesia (AP) - Rising sea levels could inundate about 2,000 Indonesian islands by 2030, and rice shortages are expected next year due to wild weather blamed on climate change, the environment minister said Monday.


Floods inundate Indonesian capital

Fri, 2 Feb 2007 04:48:00 -0500 | canoe CNEWS

JAKARTA, Indonesia (AP) - Severe storms caused the worst flooding in Indonesia's capital in five years Friday as rivers broke their banks, inundating thousands of homes and businesses and submerging streets in shoulder-deep muddy water.


Indonesia to sign exclusive vaccine deal

Tue, 6 Feb 2007 16:28:00 -0500 | canoe CNEWS

(CP) - Vaccine manufacturer Baxter International Inc. said Tuesday that a vaccine agreement it will sign with Indonesia on Wednesday will not give it exclusive access to H5N1 viruses from that country.


Vaccine maker says deal with Indonesia doesn't give it sole access to viruses

Wed, 7 Feb 2007 00:39:00 -0500 | CANOE Money

(CP) - U.S. vaccine manufacturer Baxter International Inc. said a vaccine agreement it signed with Indonesia on Wednesday will not give it exclusive access to H5N1 viruses from that country.


Farmers outside Indonesia's flood-hit capital say crops destroyed

Mon, 12 Feb 2007 04:52:00 -0500 | canoe CNEWS

MUARA BAKTI, Indonesia (AP) - Farmers living outside Indonesia's flood-hit capital said Monday they were struggling to survive after hundreds of square kilometres of land were inundated, destroying rice and other recently planted crops.


Indonesia quake triggers tsunami warning

Tue, 20 Feb 2007 04:38:00 -0500 | canoe CNEWS

MANADO, Indonesia (AP) - A powerful earthquake in northeastern Indonesia on Tuesday caused panicked residents to flee shaking buildings on islands in the Maluku Sea and briefly triggered a tsunami warning, officials said.


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