Archive: 12 February 2009
8 articles found
Thu, 12 Feb 2009
Property Market Reduced by Ten Percent
TEMPO Interactive, Jakarta: Research by property consultant Jones Lang LaSalle, said the market in Indonesia was reduced by ten percent. However, Indonesia is still a potential market. Chairperson Lucy Rumantir, said that since the fourth quarter last year, the property market has slowed down due...
Thu, 12 Feb 2009
Government Asks ASEAN Free Trade to be Delayed
TEMPO Interactive, Jakarta: Entrepreneurs are asking ASEAN free trade (AFT) to be delayed. The government is asked to focus on the national interest. “We better delay it until the crisis is over,” said head of Indonesian Employers Association (Apindo), Sofjan Wanandi, yesterday.
Thu, 12 Feb 2009
China-made Shoes Flood Local Markets
TEMPO Interactive, Jakarta:The Indonesian Shoe Producers Association chairman, Eddy Widjanarko, said local shoe production was being squeezed out by imported products from China. "We are concerned that the crisis will force China to dump their products worldwide, including in Indonesia,"...
Thu, 12 Feb 2009
Budget hotels may buck property trend
Benget Besalicto Tnb., THE JAKARTA POST, JAKARTASlowing up: Three towers are under construction in Central Jakarta. Weaker demand and high interest rates are slowing down growth in the property sector this year, delaying start-up dates for planned building sites.
Thu, 12 Feb 2009
Excelcomindo cancels tower sales
The Jakarta Post, JAKARTA Publicly listed cellular phone operator PT Excelcomindo Pratama (XL), the country’s third largest telcom company, has cancelled plans to sell 7,000 telecommunications towers and will instead turn to a rights issue to raise funds.
Thu, 12 Feb 2009
Mazars Accounting Firm to Set Up Shop
France-based accounting firm Mazars is to enter Indonesia through a merger with the local arm of Moores Rowland, said executive Jon Mellows.Mazars will join the list of the big four international accounting firms that already have operations here.
Thu, 12 Feb 2009
Thomson Financial News Indonesia consumer confidence edges up -surveys
Bank Indonesia's survey of 4,600 households in 18 cities across Indonesia, released on its website (www.bi.go.id) released on Wednesday, Journalism FAIL
Thu, 12 Feb 2009
Indonesia seeks greater control over its energy resources
only $201.57 million?Cheapskates...