Indonesian Political, Business & Finance News

Archive: 1 September 2006

6 articles found

Only Small-Sized Biofuel Enterprises to be Granted Incentives

Only Small-Sized Biofuel Enterprises to be Granted IncentivesFriday, 01 September, 2006 | 13:48 WIBTEMPO Interactive, Jakarta: The government will only grant incentives to small-sized enterprises that develop vegetable-based fuel or biofuel.“We won't give incentives to large-sized enterprises.

Government to auction 400 property assets

Government to auction 400 property assetsThe Jakarta Post, JakartaAsset Management Company (PPA), a state agency set up to manage assets formerly handled by the Indonesian Bank Restructuring Agency (IBRA), is putting 400 of its property holdings up on offer in an open auction, to help finance this...

Multi Sindo Utama to Build Paint Factory in Indonesia

Multi Sindo Utama to Build Paint Factory in IndonesiaThursday, 31 August, 2006 | 19:59 WIBTEMPO Interactive, Jakarta: PT Multi Sindo Utama, the sole distributor of Insultec paint from Australia, is planning to build production facilities in Indonesia in order to enhance its market share here.

Four Harbors Proposed as International Ports

Four Harbors Proposed as International PortsThursday, 31 August, 2006 | 19:56 WIBTEMPO Interactive, Jakarta: The Indonesian Maritime Council has proposed that four local harbors are turned into international hub ports.

Government to Accelerate Kerosene Conversion Program

Government to Accelerate Kerosene Conversion ProgramThursday, 31 August, 2006 | 19:48 WIBTEMPO Interactive, Jakarta: The government is to accelerate the kerosene conversion to liquefied natural gas (LPG) program from six to four years.

Government Only Wants to Sell PGN Above Market Price

Government Only Wants to Sell PGN Above Market PriceThursday, 31 August, 2006 | 19:58 WIBTEMPO Interactive, Jakarta: The government has signaled that it will only sell the shares of PT Perusahaan Gas Negara Tbk (PGN), the state gas company, above the current market price.