EPFM sets sights on Java to double sales growth The Jakarta Post, Jakarta South Sulawesi-based PT Eastern Pearl Flour Mills (EPFM) is aiming to expand its market in the crucial Java region by introducing new 1 kilogram packs of its flour products. EPFM sales and marketing director Oskar Fajar Damanik said that the strategy was expected to help double sales growth to 10 percent this year to 470,000 tons.

CPO, coal drove RI exports in April Urip Hudiono, The Jakarta Post, Jakarta Indonesia's main commodities -- crude palm oil and coal -- continued to keep the country's export performance on track in April, with the overall value of exports rising 2 percent to US$7.59 billion from their value the previous month, the Central Statistics Agency (BPS) reported Thursday.

Jasa Marga looking to IPO in Q4 Rendi Akhmad Witular, The Jakarta Post, Jakarta After several delays caused by regulatory uncertainties, state-owned turnpike operator PT Jasa Marga is now gearing up to go public via an initial public offering in the fourth quarter of this year. The firm is expected to sell up to 20 percent of its stock and hopes to raise between Rp 1.5 trillion (US$163 million) and Rp 2 trillion in proceeds.

Investment From Middle East Doubtful Friday, 02 June, 2006 | 15:16 WIB TEMPO Interactive, Jakarta: Economist Faisal Basri doubts the entry of investment from Middle East countries to Indonesia. He believes that the government is mistaken to expect funds to be transferred from the leaders of these oil-producing countries. According to Faisal, a large part of the money belonging to the Middle East oil kings is organized by fund managers from Europe and America.