Indonesian Political, Business & Finance News

Archive: 11 October 2006

7 articles found

Dutch bizman to invest in Aloe Vera Plantation in Bali

Dutch bizman to invest in Aloe Vera Plantation in Bali Denpasar, Bali (ANTARA News) - A Dutch businessman, Henk Swanberg, said he was planning to invest in an Aloe Vera plantation in Bali Island. Bali Island was a suitable place to develop and cultivate Aloe Vera, Swanberg said here on Tuesday. He told Bali Governor Dewa Beratha that his government supported his plan to invest in the tourist destination area.

State Gas Company to Manage Coal Bed Methane

State Gas Company to Manage Coal Bed Methane at Banyuasin Tuesday, 10 October, 2006 | 16:29 WIB TEMPO Interactive, Jakarta: PT Perusahaan Gas Negara (PGN), a state gas company, and the government of the Banyuasin Regency will organize a coal bed methane site at the Banyuasin Regency, South Sumatera. Managing Director of PGN W.M.P Simandjuntak said the methane gas contained in the coal will be channeled through gas pipelines of I and II phases of South Sumatera-West Java transmission.

Pertamina's Plan to Import LPG Tubes Denied

Pertamina's Plan to Import LPG Tubes Denied Tuesday, 10 October, 2006 | 13:17 WIB TEMPO Interactive, Jakarta: The Department of Industry has rejected the plan of PT Pertamina (Persero) to import 200 thousand LPG tubes from China due to the conversion program of kerosene to LPG this year. According to the Director General of Steel, Machineries, Textile and Multifarious Industries Anshari Bukhari at the Department of Industry, the import plan will hurt domestic industry.

American investors ask government to lower tax hurdles

American investors ask government to lower tax hurdles Urip Hudiono, The Jakarta Post, Jakarta The government could do more to improve Indonesia's tax system in order to attract more investment from the U.S., a business delegation from that country says.

Garuda Indonesia’s Debt Restructuring Delayed

i dont care kuku, garuda got a very bad reputation anyway. i'm glad that they are in a deep shit! and dont fly into LA anymore! its very "malu-maluin".

Garuda Indonesia’s Debt Restructuring Delayed

Garuda Indonesia’s Debt Restructuring Delayed Monday, 09 October, 2006 | 20:38 WIB TEMPO Interactive, Jakarta: The restructuring of PT Garuda Indonesia’s debt amounting to US$794 million, or Rp7.3 trillion, to several domestic and foreign creditors has been delayed. At first, Garuda presented debt restructuring schemes in September, but because the government had not decided which scheme should be used, debt restructuring will almost certainly to be delayed until the beginning of November.

Car Sales Rise 30 Percent

Car Sales Rise 30 Percent Tuesday, 10 October, 2006 | 09:17 WIB TEMPO Interactive, Jakarta: Approaching the Eid holiday, leading car producers in Indonesia have recorded sales rises pf 30 percent compared to previous months. Joko Trisanyoto, PT Toyota Astra Motor’s Marketing Director, said the rise of sales target approaching Eid had already been foreseen. He explained that during August to September, 2005, Toyota has booked up to 94,600 units in sales.