Indonesian Political, Business & Finance News

Archive: 8 August 2008

5 articles found

Demand for industrial land robust in H1: Procon

The Jakarta Post, JakartaNet take-up in 36 industrial estates in Greater Jakarta has doubled in the first semester from the previous period, a report by property consultant Procon Indah shows.During the January-June period, 58.

Major cities a haven for shopping malls

Jakarta, Surabaya, Medan and Bandung are the most sought after cities for investors seeking to engage in the retail sector, a recent study from property consultant Jones Lang LaSalle reveals.The study, revealed Thursday, suggests that the cities are launch pads for new entrants into the retail...

Purchasing power is strong enough to support economic growth

Purbaya Yudhi Sadewa, AnalystThe fuel price hikes in May resulted in double-digit inflation. By July 2008, the year-on-year inflation rate had reached 11.97 percent.Some analysts might have contended that the heightening inflationary pressures were likely to hurt consumer purchasing power and...

More work needed to meet tourism target

The Jakarta Post, JakartaIndonesia, Southeast Asia's largest economy, has been cashing in from increasing foreign tourist arrivals, thanks to better security, more money on promotion and mushrooming leisure events.Between January and June this year, the country recorded a 11.

East Java to seek out illegal expat workers

The East Java Manpower Agency said it would cooperate with police and immigration officials to conduct raids on thousands of expatriates working in the province without the proper authorization."Raids will be conducted simultaneously in a number of companies on Aug.