Archive: 22 April 2008
3 articles found
Tue, 22 Apr 2008, 15:25 WIB
Banks still avoid textile, property sectors: BI
Aditya Suharmoko, The Jakarta Post/Jakarta Despite healthy growth in bank lending during the first quarter this year, Indonesian banks have been reluctant to lend to the process manufacturing industry and property sector, a BI survey says. The BI survey, issued Monday, showed banks were little interested in disbursing loans to the process industry, particularly textile and wood processing companies.
Tue, 22 Apr 2008, 15:24 WIB
Crude price hikes affect investment in RI, BKPM says
Jakarta (ANTARA News) - The crude price hike which happened to reach US$117 per barrel is expected to discourage investors to realize their investments in Indonesia, investment agency chief said. "Investors will recalculate their investments if prices are now surging," Capital Investment Coordinating Board (BKPM) Chairman M. Lutfi said here on Monday.
Tue, 22 Apr 2008, 14:17 WIB
S'pore businesses ask Jakarta to improve roads, bureaucracy
The Singapore Chinese Chamber of Commerce and Industry (SCCCI) aired complaints Monday to the Jakarta administration regarding business hurdles it faced in the capital. Jakarta Governor Fauzi Bowo said the organization was concerned about frequent floods and chronic traffic jams that had disrupted its activities. "They asked the administration to expeditiously overcome those issues," he told reporters at City Hall after meeting with SCCCI representatives.