US tobacco maker Philip Morris sells 5.7% stake in the Indonesian company, raising $1.4 billion and equating to an annualized return of 37.3%.

Philip Morris is obliged to offload part of its stake in its Indonesian unit before the nation's new free-float requirements come into effect in early 2016.

Indonesia's Sampoerna plans to splurge Rp2.8 trillion to construct a new cigarette manufacturing facility in West Java.

The palm oil producer is set to raise $122 million from Indonesia's first internationally marketed IPO this year.

Indonesian bank restructuring agency makes final decision on Indomart.

The international cigarette company has tabled a bid to buy Indonesian clove cigarette company Sampoerna in a deal that could be worth $5.2 billion.

The cigarette maker becomes the latest Indonesian heavyweight to tap the nascent rupiah bond market.

Representatives of the country's most respected companies gather in Jakarta.

We honour the outstanding companies in Indonesia.

More than 250 leading figures from the world of finance gathered at the Grand Hyatt in Hong Kong to honour the winners of FinanceAsia's annual Achievement Awards. Pictured here are the winners of the Country Awards.