Indonesian Political, Business & Finance News

Archive: 30 April 2007

6 articles found

Condo market heading for another boom

 Originally Posted By: chewwyUKThey may be selling but how many are being lived in? this is the big questions. i would guess, not many. just take a look at any apartment block at night, and see how many lights are on. you'd be lucky to see 25%.

Condo market heading for another boom

Interesting figures but it still seems to me that the same small % of Indonesians are buying up big in the apartment market. They may be selling but how many are being lived in?

BI asks foreign banks to up corporate lending

Following Vice President Jusuf Kalla's latest criticism of the reluctance of local banks to provide more lending to the real sector, the central bank has pitched into the act, urging foreign lenders operating in the country to increase their corporate lending.

Govt says fine-tuning incentives for special economic zones

After missing the March deadline for submitting a draft law on special economic zones (SEZs), the government says it is still working out details on issues such as incentives and facilities."There is no problem actually, we are just trying to synchronize and harmonize the draft with existing laws...

Condo market heading for another boom

The residential property market, particularly condominiums and apartments, has displayed remarkable growth both in supply and demand as upbeat developers have started to take advantage of the downward trend in lending rates.

KL's Zelan bidding for second $571m power project in RI

KUALA LUMPUR (AP): Malaysia's Zelan Holdings is bidding for another 2 billion ringgit (US$571 million, euro476 million) power plant project in Indonesia as well as one in Botswana in southernAfrica, a report said Sunday.In February, a Zelan-led consortium won a 2.