Indonesian Political, Business & Finance News

Archive: 5 June 2007

9 articles found

RI`s non-oil exports drop 3.75 pct

Jakarta (ANTARA News) - Indonesia`s non-oil exports in April reached a total value of US$7.35 billion or down 3.75 percent from the previous month`s figure, the Central Bureau of Statistics (BPS) reports.

Monthly exports down for second time this year

The latest trade figures show that Indonesia's monthly exports declined 3.7 percent in April to US$8.85 billion from $9.19 billion a month earlier.The monthly decrease was due mostly to a 3.45 percent decrease in oil and gas exports and a 3.

Austrian firms may set up biodiesel businesses here

At least three Austrian companies are investigating the possibility of becoming involved in the "green energy" business here to help boost the development of biodiesel."Energea, BioDiesel International and the Christof Group are discussing the biodiesel business with a number of leading Indonesian...

More Geothermal Plants Planned

To help ease the threats of power shortages in remote areas, state electricity firm PT PLN plans to build 30 power plants which will be powered by coal or geothermal. The plants are planned for outside Java with an estimated total capacity to reach 1,852 MW by 2010.

Astra Sees H1 Vehicle Sales at 180,000 Units

PT Astra International sees total domestic vehicle sales at 180,000 units in the first half of 2007, company director Johnny Darmawan said on Tuesday (29/5/07).The company had said that total domestic vehicle sales may top 400,000 units this year, recovering from a slowdown in 2006 when the market...

Unilever to Boost Capacity

After a year in which it put on 19% improved net profit, PT Unilever Indonesia will spend around Rp500 million this year on increasing production capacity, The Jakarta Post reported.Unilever Indonesia booked a net profit of Rp1.72 trillion ($194.68 million) in 2006, up from Rp1.44trillion in 2005.

Telkom May Spend $2b on Expansion

PT Telkom may spend as much as $2 billion this year to expand its networks and fend off competition, its president commissioner Tanri Abeng said.The state company expects sales to rise more than 20% in 2007 with the addition of millions of users to its mobile network, Abeng said Monday (28/5/07) in...

Govt. to Restrict Expansion of Hypermarkets

Trade Minister Mari Pangestu said the government will issue a regulation restricting the expansion of hypermarkets to protect small retail traders, Antara reported on Tuesday (29/5/07).Pangestu said her department will issue the regulation.

Foreign Investors Eye Low-Cost Apartments

Several foreign investors have shown interest in investing in low-cost apartments for rent, to be built in various regions in Indonesia, Housing Minister Yusuf Asyari said, according to Antara."Several foreign investors have already come to Indonesia, including from Malaysia and the Middle East,...