Indonesian Political, Business & Finance News

Archive: 30 May 2006

5 articles found

Sinar Mas boost shares in toll road operator

Sinar Mas boost shares in toll road operatorSinar Mas Group has been aggresively expanded its business in the last few years. After the banking business comeback last year with the acquisition of small bank PT Bank Shinta through PT Sinar Mas Multiartha, the listed financial sub-holding of Sinar...

Indonesia damage raises tourism worries

Indonesia damage raises tourism worriesPrambanan, Indonesia (ANTARA News) - Damage to some of Java's cultural treasures in the Indonesian earthquake has raised fears about long-term effects on the local economy, which depends heavily on tourism.

WB to push infrastructure development

WB to push infrastructure developmentEndy M. Bayuni and Prodita Sabarini, The Jakarta Post, JakartaIt's full steam ahead for World Bank infrastructure lending thanks to the insistence of its new president, Paul Wolfowitz, who feels that the bank needs to be part and parcel of poverty eradication...

PLN's Future Competitors

PLN's Future CompetitorsTuesday, 30 May, 2006 | 14:38 WIBTEMPO Interactive, Jakarta: The government will form several new electricity companies. These State-owned enterprises will operate in distribution and generating, not in the transmission.

Government signs seven turnpike contracts

Government signs seven turnpike contractsThe Jakarta Post, JakartaThe Public Works Ministry and a number of investors signed contracts Monday for the development of seven sections of expressway totaling 155 kilometers in length.