Tue, 23 Sep 2008
The number of foreign projects in Batam approved by the Investment Coordinating Board (BKPM) from January to August this year rose 18% to 54 from 34 in the same period last year, Asia Pulse reported.

The 54 projects are worth $65.934 million, while 15 more projects to expand existing operations are valued at $179.310 million, the Batam Authority's chief of marketing and public relations, Rustam Hutapea, said on Friday.

In August, the BKPM approved foreign applications for nine new projects worth $7.280 million and four extension projects valued at $5.565 million.

During the month the BKPM approved one domestic investment application valued at Rp500 billion ($54 million), bringing the number of domestic investment projects approved from January to August to four with a total investment of Rp16.614 billion.



News Search/Filter
Transaction Rates
20 Oct 17
Buy
Sell
AUD1
10,990.73
10,204.03
BND1
10,316.48
9,579.07
BTC1
76,748,629
76,748,629
CAD1
11,208.22
10,407.77
CHF1
14,272.48
13,248.85
CNH1
2,119.13
1,967.71
DKK1
2,225.91
2,066.78
EUR1
16,569.50
15,382.19
GBP1
18,386.10
17,069.19
HKD1
1,796.75
1,668.53
JPY100
12,386.89
11,500.13
LAK1
1.69
1.57
NOK1
1,763.30
1,636.47
NZD1
9,793.68
9,089.77
PGK1
4,499.46
3,957.17
SEK1
1,720.76
1,597.41
SGD1
10,316.48
9,579.07
THB1
422.96
392.67
USD1
14,017.00
13,017.00
VND1
0.62
0.57
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services