Indonesian Political, Business & Finance News

Archive: 9 November 2006

6 articles found

Minister asks Contractors to be more professional

Jakarta (ANTARA News) - Public Works Minister Djoko Kirmanto has asked major contractors grouped in the Indonesian Contractors` Association (AKI) to be more professional by improving their competence and competitiveness. "I call on the association not to be trapped in a prolonged conflict concerning the certification process," the minister said in remarks at the opening of a seminar organized in conjunction with AKI`s 33rd anniversary here on Wednesday.

President Interested in De Soto's Idea

TEMPO Interactive, Jakarta: President SBY has stated that he was interested in Hernando de Soto's “recipe” for improving the well-being of poor people. In his meeting with the President yesterday, the renown Peruvian economist set forth the significance of providing poor people or informal economic groups with access to information and the economy.

Indonesia still considered corrupt despite graft war

Originally posted by: Orang Kanada You know it... Silver Bird = wealthy passenger = police want a bribe... oh poor you Kanada, but trust me if you go with me, no police will bribe you

Indonesia still considered corrupt despite graft war

You know it... Silver Bird = wealthy passenger = police want a bribe...

RI becomes Microsoft's biggest growth market in SE Asia

Indonesia has overtaken the Philippines as world-software-giant Microsoft's most rapidly growing market in Southeast Asia thanks to a surge in the sales of the company's antivirus products here. Microsoft Indonesia executive Adrian Anwar said Tuesday in Jakarta that sales of antivirus products in Indonesia jumped by 230 percent in the first quarter of the company's financial year (July 2006 to September 2006), as compared to the same period last year.

Indonesia's Mobile-8 IPO looks expensive

Jakarta (ANTARA News) - PT Mobile-8's indicative price range of 200-240 rupiah per share for its planned initial public offering (IPO) of 3.9 bln shares is "expensive" compared to its telecom peers, brokerage firm UOB Kay Hian said. The IPO is slated for Nov 22-24. "At an indicative IPO offer price of 200-240 rupiah per share, this puts its valuation at a P/E of 23.3 to 28 times prospective 2007 earnings.