Indonesian Political, Business & Finance News

Archive: 23 January 2009

5 articles found

Biofuel Industry Seeks Changes to Pertamina Pricing

On the subject of Pertamina I was at a garage two days ago that were still charging Rp5000/L.I thought they were all supposed to be the same. (Rp4,500)

Jeddah, Jakarta sign trade deal

JEDDAH: The Jeddah Chamber of Commerce and Industry and its counterpart in Jakarta have decided to establish networking for mutual benefits of businessmen in the two cities. This follows a memorandum of understanding (MoU) signed by JCCI Vice Chairman Mazen Batterjee and Eddy Kuntadi, chairman of...

Property Analysis: How low can we go?

Anton Sitorus, Researcher To help keep the engine of the economy rolling, the central bank cut the benchmark interest rate (BI Rate) down to 8.75 percent earlier this month. The move received a warm welcome from industry players including property companies with hopes that the cut would help...

Plastics makers may post zero exports: Association

Mustaqim Adamrah, The Jakarta Post, JakartaThe country's plastics industry may post almost zero exports this year as the global economic downturn weakens demand for plastics, says the Indonesian Plastic and Olefin Association (INAplas).

Biofuel Industry Seeks Changes to Pertamina Pricing

Biodiesel producers are urging the government to come up with a new pricing arrangement for purchases of their output by state energy firm PT Pertamina, saying they are no longer able to bear the losses brought on by the recent steep drop in the fuel’s price.