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We are pleased to announce that RBTH, a leading source of information about contemporary Russia will now be available in Indonesia.

At the beginning of Vladimir Putin’s latest presidential term, Russia began to shift its foreign policy noticeably to the east, and a special emphasis was made on economically integrating Russia into the Asia-Pacific region. Putin even celebrated his 61st birthday in Bali – the Indonesian region that hosted the APEC summit in October, following last year’s summit in the Far East city of Vladivostok.

Read more at:  http://rbth.ru/news/2013/11/27/russia_and_indonesia_becoming_closer_32079.html

Nov 15 (Reuters) – General Electric Co said on Friday it would spin off part of its North American retail finance business in an initial public offering next year.

GE said it plans to float about 20 percent of the retail finance unit in the IPO.

Read more at: http://in.reuters.com/article/2013/11/15/ge-investors-idINL2N0J00OG20131115

The secondary listing of Glencore Xstrata on the JSE on Wednesday will “send a powerful signal to the world” about South Africa as a destination for mining investment, say fund managers.

The listing will be the biggest on the JSE since the secondary listing of British American Tobacco (BAT) in 2008. Glencore will be the third-biggest company on the exchange after SABMiller and BAT, and will bring more diversity to the resources sector for investors.

Read more at: http://www.bdlive.co.za/business/mining/2013/11/10/glencore-listing-sends-strong-signal-say-fund-managers

American conglomerate General Electric plans to make India a manufacturing hub for its global markets, leveraging on the available talent pool and lower manufacturing costs.

Banmali Agrawala, President and CEO, GE South Asia, said its upcoming manufacturing facility at Chakan, Pune, was the first major step in this direction. “The Chakan plant, which is expected to be operational by the middle of next year, will be used to manufacture products for our global markets,” he told mediapersons on the sidelines of a function at the Indian School of Business here today.

Read more at: http://www.thehindubusinessline.com/companies/ge-to-make-india-manufacturing-hub-for-global-markets/article5329548.ece

Indonesia, Nov 04, 2013 (Menafn – ACN Newswire via COMTEX) –The Investment Coordinating Board (BKPM) reported that total investments had jumped 23 percent year-on-year to top Rp 100.5 trillion (US8.9 billion) in July-September, the highest ever recorded, despite the capital outflows and financial market turbulence that took place during that period.

“This is an important signal that Indonesia, amid the bleak global economic outlook, remains a major destination for investment,” BKPM chairman Mahendra Siregar told a press briefing.

Indonesia is on course to meet its annual investment target as overall investment growth has been maintained at above 20 percent in the third quarter, with robust growth in domestic direct investment (DDI) compensating for the slowdown in foreign direct investment (FDI).

http://www.menafn.com/15dd676a-be6b-4bac-83a0-89ff267002f1/Indonesia-Remains-a-Major-Investment-Destination?src=main

Indonesia’s rupiah completed its best week since June 2009 on speculation the Federal Reserve will delay cutting stimulus. Government bonds rallied, pushing the 10-year yield to an almost four-month low.

The currency strengthened the most since Sept. 19 Friday after global funds increased their sovereign debt holdings to a record Rp 309.05 trillion (US$28.1 billion) Thursday. Overseas investors bought more local stocks than they sold this week through Oct. 24, the first net inflow in a month. The Fed will postpone a plan to pare its $85 billion a month of bond buying to March, an Oct. 17-18 Bloomberg survey showed, instead of December as predicted by a similar poll last month.

http://www.thejakartapost.com/news/2013/10/26/rupiah-has-best-week-2009-foreign-funds-return.html

Oct 25 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1415 GMT on Friday:

 ** Yue Xiu Group, the trading arm of China’s Guangzhou city government, has agreed to buy a stake of up to 75 percent in family-run Chong Hing Bank Ltd for about HK$11.64 billion ($1.50 billion) as part of its push into Hong Kong. The deal would give Yue Xiu Group, which operates real estate, securities, and transportation infrastructure businesses, access to Chong Hing’s 53 branches in Asia’s sixth-biggest bank loan market.

 ** Rio Tinto has agreed to sell its majority stake in Australia’s third-largest thermal coal mine to Glencore Xstrata and Japan’s Sumitomo Corp for just over $1 billion, pushing ahead with plans to focus on larger, core operations. Rio put its 50.1 percent stake in the Clermont mine in Queensland on the block earlier this year, but appetite had been considered by industry advisers to be weak, given a poor outlook for coal prices and high costs in Australia

http://www.reuters.com/article/2013/10/25/deals-day-idUSL3N0IF35H20131025.