Indonesian Political, Business & Finance News

Archive: 28 March 2009

5 articles found

KPPU to Probe Claims of Carrefour Monopoly

i don't think circle K and indomaret have too much to worry about. they are among indonesia's best franchise stores. i'm certain they could match anything carrefour did through Alfa.

100 UEA investors to visit Padang

Padang (ANTARA News) - Some 100 investors from the United Arab Emirates (UEA) are expected to visit here late June to explore the possibility of investment, an official said.They would come to West Sumatra to see for themselves small islands off the provincial capital Padang, Padang Mayor Fauzi...

KPPU to Probe Claims of Carrefour Monopoly

The Business Competition Supervisory Commission, or KPPU, plans to investigate allegations of monopolistic practices by the local arm of French retail giant Carrefour SA, especially accusations that the retail giant charged the supermarket’s stall-holders “excessive” rental fees.

Officials: Economic Growth May Drop To 3% as Exports Tumble

The national economy may only grow by 3 percent this year because of problems caused by rapidly shrinking exports, which are expected to slump to record lows this year, two senior officials said on Friday.

RI feels the need for new international currency

Jakarta (ANTARA News) - Indonesia underlined the need for a new international currency for international transactions to reduce the highly unsafe financial sector in view of the strong dependence on the US dollar.