Archive: 14 April 2009
6 articles found
Tue, 14 Apr 2009
KPPU, Carrefour monopoly hearing stalemate
The Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) has declared the retailer’s recent acquisition of publicly listed rival PT Alfa Retailindo is in line with regulations. However, the monopoly watchdog KPPU has announced its objection to the takeover over concerns...
Tue, 14 Apr 2009
Indosmelt plans US$500 mln copper proccesing plant in Sulawesi
Jakarta (ANTARA News/Asia Pulse) -- Indonesia's PT Indosmelt plans to build a copper processing factory in the regency of Maros, South Sulawesi with an investment of US$500 million.Construction of the project will start next year in cooperation with an Australian investor Ausmelt (ASX:AET),...
Tue, 14 Apr 2009
North Sulawesi to Have Geothermal Energy
Tuesday, 14 April, 2009 | 14:37 WIBTEMPO Interactive, Jakarta: The State-owned geothermal company (PLTP) Lahendong units 1, 2, and 3, will supply electricity for people in North Sulawesi by using geothermal energy.
Tue, 14 Apr 2009
Malaysian co to jointly develop petroleum city in Indonesia
Seremban, Malaysia (ANTARA News/Asia Pulse) - The Al-Aidid Petro Corporation Sdn Bhd (APCSB), is set to undertake the development of an integrated petroleum city on Breueh Island in northern Aceh, Indonesia.
Tue, 14 Apr 2009
Indonesia in search for foreign investors
ISTANBUL - Indonesia has set a goal to attract $358 billion of private investment by 2010 and hopes foreign investors, including Turkish businesses, will provide some of the capital, Muhammad Lutfi, chairman at Indonesia’s investment coordinating board, said in Istanbul yesterday.
Tue, 14 Apr 2009
Carrefour Questioned On Alleged Monopoly
The Business Competition Supervisory Commission, or KPPU, brought PT Carrefour Indonesia in for questioning on Monday as part of a probe into allegations that the French supermarket chain was operating a monopoly.