John Aglionby

ADB probe criticises its own investments

ft.com
yesterday
        

By John Aglionby in Jakarta The Asian Development Bank’s private equity fund investments have produced “unsatisfactory” returns, selection has lacked focus while environmental and other safeguards have been weak, its own...

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Rupiah plunges after forex changes

ft.com
13-Nov-2008
        

The rupiah fell 3.6 per cent to a 7½-year low as investors took the view that a new Indonesian central bank regulation restricting some foreign exchange purchases might be a precursor to currency controls

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Indonesia to sue failed Dutch bank

ft.com
03-Nov-2008
        

By John Aglionby in Jakarta Jakarta is taking legal action against a collapsed Dutch bank wholly owned by Indonesia’s central bank as it seeks to distance itself from a crisis threatening to undermine investors’ perception of...

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Bakrie family to sell Bumi stake

ft.com
02-Nov-2008 2 related
        

The billion-dollar debt crisis blighting the business empire of Indonesia's powerful Bakrie family appeared to ease after the holding company agreed to sell its stake in coal company Bumi Resources to an affiliate of the Texas...

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Falling prices leave palm oil producers struggling to survive

ft.com
01-Nov-2008 3 related
        

By John Aglionby in Jambi province Plummeting prices forced Asnawi to close his three-year-old oil palm fruit transportation business in the Indonesian province of Jambi two weeks ago. "In August, the [palm oil] factories were...

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Court ruling boosts Indonesian bond market

ft.com
01-Nov-2008
        

By John Aglionby and Taufan Hidayat in Jakarta Indonesia’s bond market received a welcome fillip on Friday when the supreme court announced it had overturned rulings freeing a subsidiary of Asia Pulp and Paper from repaying...

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Mars 'shocked' by Indonesia's destruction of safe chocolates

ft.com
30-Oct-2008 3 related
        

By John Aglionby in Jakarta Mars said yesterday it was "shocked" that Indonesia had confiscated and destroyed thousands of cartons of its sweets because of melamine contamination fears even though tests had shown they were safe...

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Porsche now needs to concentrate on making cars

ft.com
30-Oct-2008 162 related
        

By John Aglionby and Paul Betts After doubling its stake in Volkswagen, Porsche yesterday doubled the free float of VW's shares - albeit to a still measly 10 per cent. It said it was selling 5 per cent of VW to avoid "further...

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Indonesia's former central bank governor jailed

ft.com
29-Oct-2008
        

By John Aglionby and Taufan Hidayat in Jakarta Indonesia’s former central bank governor was convicted on Wednesday of bribing parliamentarians to pass legislation in one of the country’s most high-profile corruption cases in...

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Indonesia rolls out rescue package

ft.com
29-Oct-2008
        

By John Aglionby in Jakarta The Indonesian government and central bank on Tuesday night unveiled an emergency 10-point package to “protect the stability of the financial system and national economy” in response to increasing...

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