Archive: 16 December 2006
4 articles found
Sat, 16 Dec 2006
Palapa Ring Project Not Viable
TEMPO Interactive, Jakarta: The Palapa Ring project, a fiber optic network construction connecting all areas in Indonesia that is worth US$1.517 billion, is not viable. Spokesman of the Directorate General of Post and Telecommunication at the Information and Communication Department, Gatot S.
Sat, 16 Dec 2006
High Rise Tax to be Eliminated
TEMPO Interactive, Jakarta: The President's decision on High Rise Construction instructs related ministers to eliminate all kinds of tax to make a success out of construction of 1,000 towers. This program is important to overcome the problems of public housing and traffic jams in major cities,...
Sat, 16 Dec 2006
Infomedia to focus on contact-center business
PT Infomedia Nusantara, a telephone directory publishing company, plans to invest Rp 125 billion (US$13.7 million) next year, with 80 percent of the money going on the development of the firm's contact-center business."The growth of our core business, Yellowpages, only amounted to 8 percent in 2006.
Sat, 16 Dec 2006
Non-nationals may be allowed to buy property
The government seems likely to issue a long awaited regulation next year allowing non-nationals a restricted right to own some forms of real property, such as apartments, in a move that is expected to further fuel the growing property market, Indonesian Chamber of Commerce and Industry (Kadin)...