Indonesian Political, Business & Finance News

Archive: 20 May 2011

3 articles found

Asia Pacific Commercial Investment Activity Upticks as Region's Economy Grows

We escaped to Jakarta at David Dixon's fall/winter LG Fashion Week show – Toronto Life (blog) Property WireAsia Pacific Commercial Investment Activity Upticks as Region's Economy Grows …World Property ChannelNet effective rentals increased the most in Jakarta (+9.5% qoq) on the back of strong leasing activity and falling vacancy. A further strong uplift was also seen in Hong Kong (+9.2% qoq in Central) and Singapore (+7.9% qoq in Raffles Place).

Crude, Palm Oil Recoveries Boost JCI As Investors Hunt for Emerging Assets

From: The Jakarta Globe The continued recovery in commodity prices from last week’s reversals helped the Jakarta Composite Index to a second day of gains, boosted by investors seeking assets in emerging markets. “There was a significant increase in commodity prices, especially in the energy sector, that helped boost local equities. Crude oil rebounded on Wednesday, and palm oil continued its gains,” said Ibrahim, an analyst at Harvest International Futures.

New Investors Could Return Mandala to Indonesia’s Skies

From: The Jakarta Globe By Francezka Nangoy After a five-month search for new investors, Mandala Airlines’ prospects for the future soared as two companies announced they planned to buy stakes in the struggling airline. Singapore-based Tiger Airways Holdings and Saratoga Investama, an Indonesian strategic investment company, announced their plans in a filing to the Singapore Stock Exchange on Thursday.