Indonesian Political, Business & Finance News

Archive: 19 January 2007

6 articles found

Water firm grapples with growing crisis as dam levels keep dropping

Jakarta water company PT PAM Jaya says it is deploying all its resources to ensure continued tap water services for customers, as the water level at Jatiluhur Dam continues to fall amid unseasonably high temperatures.

Legal Risks for Loans Must Be Lowered

TEMPO Interactive, Jakarta: The increase of banking loan disbursement to the real sector must be supported by a decrease of the law risk perception that is considered as high.The reason is that the potential for debtors to fail to repay was still high.

Japan Asks for LNG Extensions

TEMPO Interactive, Jakarta: Liquefied natural gas (LNG) buyer, Japan, still hopes that Indonesia will supply its gas needs.Eiji Sekine, LNG Senior Managing Director of Japan Corporation, said he hoped for LNG purchase contract extensions from Indonesia.

President asks oil companies to improve corporate governance

yup that is one very big question; tis only a matter of good will from SBY&Kalla actually; anyway, if Exxon and the rest are ready and willing to improve their so called "community outreach" this kinda thing would be not only perfect but also .... perfect, i guess

President asks oil companies to improve corporate governance

i'm not sure that indonesia is ready for that. i would never encourage anyone to invest in publically listed indonesian companies; the accountabilty is just not there. before encouraging public participation, indonesia's corporate culture has to be brought into line.

President asks oil companies to improve corporate governance

hmmmm improving coporate governance, carrying out transparency and following the capital market rules in order to win the market confidence still needs exact implementation and all; how bout letting go of the working interest to the public, let's take Cepu division of working interest as an...