Archive: 19 March 2008
7 articles found
Wed, 19 Mar 2008
Krakatau, Pertamina to become non-listed public cos
The government said it will change the status of steel maker PT Krakatau Steel and oil and gas company PT Pertamina into non-listed public companies this year, Asia Pulse reported Tuesday (11/3/08).Under the new status, the two state companies will be required to report their business operations to...
Wed, 19 Mar 2008
Govt. to announce tax incentives for industries soon
The government said it will soon announce tax incentives for select industries in a move to boost investment, Asia Pulse reported Wednesday (12/3/08).A number of related ministers will meet to finalize the plan and to determine industries entitled to tax incentives, Coordinating Minister for...
Wed, 19 Mar 2008
Accor Group to open new hotels
The Accor Group will open five new hotels in Indonesia and four in Malaysia this year, its regional vice president Gerrard Guillouet said, Asia Pulse reported Thursday (13/3/08).The five hotels to be opened in the country this year are the Ibis in Solo and Semarang, the Grand Mercure Suite in...
Wed, 19 Mar 2008
Major groups to expand palm plantations
Two major groups announced plans last week to pump a total of $345 million into oil palm plantation expansion.PT Charindo Palma Plantations (CPP), a unit of Thailand’s Charoen Pokphand group, plans to invest $280 million after starting the planting of seedlings in its new plantations, Asia Pulse...
Wed, 19 Mar 2008
AILKI exporting 20% more lights this year
The Association of Lighting and Electrical Industries (AILKI), predicts exports of tubular lamps and light bulbs will increase by up to 20 percent this year.The association, which covers around 60 percent of the nation's total lamp production, groups together PT Philips Indonesia, PT Osram...
Wed, 19 Mar 2008
The Vietnam property boom: Will Indonesia follow?
Over the past year we have seen many international property developers in the United States and Asia, including Indonesia, start to look to Vietnam for property investment.It was reported foreign investment in property in Vietnam had reached US$5 billion in 2007, contributing 24.
Wed, 19 Mar 2008
Taiwanese firms to invest in labor-intensive sectors
Hundreds of Taiwanese small and medium businesses could relocate their operations here if the government improves its labor regulations, the Indonesian Employers Association (Apindo) says.Apindo chairman Sofjan Wanandi said the firms were interested in Indonesia because China's new labor law, in...