The owners of businesses operated under franchises say they are grateful for the recent publication of the much anticipated new Franchise Regulation, but say that it is not enough to support optimal growth in the industry. More ...
State-owned oil and gas firm PT Pertamina expects its net profit to drop by 18 percent to Rp 17 trillion (US$1.8 billion) next year on the back of the lower margin it will receive from the distribution of state subsidized fuels. More ...
State power utility PT Perusahaan Listrik Negara (PLN) plans to invite bids early next year for the development of the Sumatra and Java power transmission networks, a company executive says. More ...
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