Indonesian Political, Business & Finance News

Archive: 6 November 2009

6 articles found

Pay-TV Has Yet to Pay Off, But Market is Wide Open

The nation’s pay-TV providers have failed to turn a profit yet, but they are rapidly adding customers as they scramble to capture a largely untapped market.Last year, 850,000 Indonesian households subscribed to pay-TV - about 2 percent of the 40 million who own televisions.

RI needs reform body: WB

Indonesia may need a regulatory reform commission to tackle coordination problems between economic ministries in a bid to boost investment and accelerate economic growth after the economic crisis, the World Bank says.

Polish Businessmen Visit Batam

TEMPO Interactive, Batam: A delegation of about 38 Polish businessmen led by Remigiusz Yakubuski yesterday met with the governor of Riau Archipelago, Ismeth Abdullah, in Batam.Accompanied by Indonesian Ambassador to Poland, Hazairin Pohan, the group asked about investment opportunities in the free...

Garut Still Waiting for Profit from Geothermal Power

TEMPO Interactive, Garut: The Garut regency government in West Java, has not received its share of profits worth Rp 56 billion in the geothermal power businesses from PT Indonesia Power (the power plant business unit in Kamojang) and PT Chevron Geothermal Indonesia.

Krakatau Steel to sign jv deal with S. Korea`s Pohang

Jakarta (ANTARA News/Asia Pulse) - Indonesian state-owed company PT Krakatau Steel will sign a joint venture agreement with South Korea's steel giant Pohang Iron and Steel to build a US$5 billion steel plant in the country.

Do Homework on Franchises Before Investing, Says Indonesian Chamber

Tighter government regulation of the fast-growing franchising sector would reduce messy failures, an official from the Indonesian Chamber of Commerce and Industry said on Thursday.“In franchising, I strongly suggest that investors investigate before investing,” said Amir Karamoy, a member of...