Closing of $600 million notes of CNH Industrial Capital LLC

London, May 24, 2021 CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has completed its previously announced offering of $600 million in aggregate principal amount of 1.450% notes due 2026, with an issue price of 99.208%. The net proceeds of this offering were approximately […]

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Indonesia, PNG concur on resumption of cross-border trade

Jayapura (ANTARA) – Indonesia and Papua New Guinea (PNG) have agreed to resume cross-border trade activities. “The plan to reopen the border has been discussed at a meeting between the two countries’ officials at the Skouw integrated cross-border post in Jayapura,” Head of the Border and Overseas Cooperation at the Papua Provincial Administration Suzanna Wanggai told Antara in Jayapura on Sunday. At the meeting held on Thursday (May 20), delegations of both nations agreed to reopen the state border for cross-border trade activities on Tuesdays and Thursdays. The border will…

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Indonesia, Uzbekistan explore investment in fertilizer industry

Jakarta (ANTARA) – Indonesia and Uzbekistan are exploring prospects to bolster economic cooperation, including investment in the fertilizer industry, according to the Industry Ministry. “We encourage collaboration between Indonesia’s and Uzbekistan’s industrial players, for instance, in the fertilizer industry sector. This effort is expected to boost competitiveness,” the ministry’s Director General of Chemical, Pharmaceutical, and Textile Industry (IKFT), Muhammad Khayam, stated here on Monday. The ministry recently sent a trade mission, accompanied by Deputy House Speaker Rachmat Gobel, concurrently a prominent businessman, along with several other legislators to Uzbekistan. “There…

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IOC offers Pitzer COVID-19 vaccine for Indonesian athletes

Jakarta (ANTARA) – The International Olympic Committee (OIC) has offered the Indonesian Olympic Committee (KOI) Pitzer COVID-19 vaccine for its athletes competing in the Tokyo Olympiad to be held from July 23 to August 8, 2021. However, the KOI has not accepted the offer since Indonesian athletes were administered the Sinovac vaccine in February 2021, KOI Secretary General Ferry Kono noted in Jakarta on Sunday. “The OIC has offered us (the Pitzer vaccine). They have written a letter to us about their readiness to send the Pitzer vaccine if any…

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Indications of economic recovery becoming increasingly apparent

Jakarta (ANTARA) – The signals of Indonesia’s economic recovery were increasingly visible, particularly from the record trade surplus of US$2.19 billion clocked as of April 2021, according to the Presidential Staff Office (KSP). Deputy III of the Presidential Staff Office Panutan Sulendrakusuma revealed that with trading partners, Indonesia recorded a trade surplus of up to US$1.2 billion with the United States. “The government is optimistic that Indonesia’s economic conditions would continue to experience significant improvements,” Sulendrakusuma noted in a written statement in Jakarta, Monday. Apart from a trade surplus with…

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