Indonesian Political, Business & Finance News

Archive: 15 May 2006

7 articles found

Electricity Tariff for Industry

Electricity Tariff for IndustryMonday, 15 May, 2006 | 17:01 WIBTEMPO Interactive, Jakarta: The State Electricity Company (PT PLN) will still put into effect a disincentive rate or Dayamax Program for industry using electricity at peak loads between 5pm and 10pm.

Government to Build International Internet Backbone

Government to Build International Internet BackboneMonday, 15 May, 2006 | 16:34 WIBTEMPO Interactive, Jakarta: The government will build an international Internet backbone in Indonesia which will mean cheaper bandwidth prices for the general public.

Rupiah lower vs dollar on technical rebound factor

Considering for the highly depreciation economic pressure which could obstruction of macro economic stabilization, BI take some steps including of trying to make the rate of exchange value being stabilized.

Rupiah lower vs dollar on technical rebound factor

May 15 10:11Rupiah lower vs dollar on technical rebound factorJakarta (ANTARA News) - The rupiah fell against the dollar in early deals as the US unit saw a technical rebound after recent falls, dealers said. At 9:35 am, the rupiah was at 8,845/8,855 to the dollar compared to 8,730/8,735 on Friday.

Hefty dividend rumored for Bumi Resources investors

Hefty dividend rumored for Bumi Resources investorsThe Jakarta Post, JakartaObservers expect publicly listed mining concern PT Bumi Resources, the country's largest coal producer, to provide a hefty annual and interim dividend of Rp 200 per share to investors.

Minister says draft law will drive investment

Minister says draft law will drive investmentBenget Simbolon Tnb., The Jakarta Post, JakartaIndonesia is banking on an investment draft law recently submitted to the House of Representatives to improve the business climate and the flow of investment into the country.

Surf's up for Australian business in Indonesia

Surf's up for Australian business in IndonesiaDuncan Graham, ContributorHaving surfing as a major interest on your resume probably wouldn't endear you to most bosses.Surfers don't have a great public image, despite SurfAid International programs in isolated areas of the archipelago where...