Archive: 23 October 2007
6 articles found
Tue, 23 Oct 2007
Cosmetics companies feel pinch as ladies tighten purse strings
Blessed with many friends in this country, my own experience tells me that Indonesian women have a distinctive ability to turn on the charm, changing situations and altering outcomes with a smile, a look and the unsaid word.That's not a generalization, even if it sounds like one.
Tue, 23 Oct 2007
Indonesia says Temasek breaking competition law
Jakarta (ANTARA News) - Indonesia's competition authority announced Monday that state-linked Singapore investment firm Temasek Holdings has broken the law relating to its ownership of two Indonesian mobile phone carriers.
Tue, 23 Oct 2007
Indonesia Slightly Miss Palm Oil Target – Minister
Indonesia forecast that it would miss a target for output of palm oil this year because of dry weather, exacerbating a shortage of the commodity that has helped drive the price to a record.“Last year, our production was around 16 million tons and this year the prediction was 17, but because of...
Tue, 23 Oct 2007
Dubai’s Limitless Eyes $1.7b Project
Limitless, a real estate arm of Dubai World, is looking to develop a mixed-use project in Jakarta at an estimated development cost of $1.7 billion.The company may invest about Rp2 trillion ($220 million) for a 30% stake in PT Bakrie Swasakti Utama, a unit of property developer PT Bakrieland...
Tue, 23 Oct 2007
Riau Islands Expects $5b Investment Over 5 Years
Riau Islands hopes to attract up to $5 billion in new foreign investment over the next five years after parliament passed a bill turning the area into a free trade zone, its governor said Wednesday (17/10/07).
Tue, 23 Oct 2007
Moody's Upgrades Ratings
Moody's Investors Service upgraded Indonesia's credit ratings on Thursday (18/10/07), citing progress in cutting its debt and ample foreign exchange reserves and trade surplus, which offer buffers against external shocks, Dow Jones Newswires reported.