Indonesian Political, Business & Finance News

Archive: 10 November 2006

3 articles found

Retail Business Not Yet Prospective

TEMPO Interactive, Jakarta: Retail industry activities until next year are regarded as not yet prospective because consumers’ purchasing power is still weak.The retail business is still categorized as a business of high costs and low profits.

The collapse of East Kalimantan-Java gas pipeline

The US$1.25 billion East Kalimantan-Java gas pipeline project handled by PT Bakrie Brothers Tbk is apparently on the verge of collapse after energy minister Purnomo Yusgiantoro declared the project is not feasible, Kompas reported. The very same minister initially endorsed the project.

Consumer confidence index rises to 14-month high

Jakarta (ANTARA News) - Indonesia's consumer confidence index rose to 98.1 points in October, its highest mark in 14 months, up from 96.1 points in September, a central bank survey showed Wednesday.The confidence index, which indicates respondents' optimism about the economy, last stood above 100...