Thames Water to sell stake in Indonesia's Thames PAM Jaya to Acuatico Jakarta (ANTARA News) - PT Thames PAM Jaya (TPJ) said in a statement that its major shareholder, U.K.-based firm Thames Water Plc, has agreed to sell its entire 95 pct stake in the joint venture to Acuatico Pte Ltd for an undisclosed sum. Acuatico Pte Ltd is a consortium formed by PT Recapital Advisors and infrastructure project management company PT Glendale Partners.

House wants SOEs to pay more dividends Urip Hudiono, The Jakarta Post, Jakarta The House of Representatives has asked the government to up its efforts to increase budget revenues from state companies, and ensure higher dividend payments next year.

Indonesia's data storage market still wide open Andi Haswidi, The Jakarta Post, Jakarta Demand for data storage systems around the world will continue to increase, according to top data solutions provider Hitachi Data System, which also says that Indonesia has the fifth highest growth in Asia in the data storage field. "The market for storage systems in Indonesia is still very big.

Big Friend, Small News September, 28 2006 @ 10:07 am Roy Tupai Vice President Jusuf Kalla boasts that his US visit will bring major benefits to the Indonesian people. Indeed? US State Secretary Condoleezza Rice hailed Indonesia as a "great friend", but apart from that, US officials have so far said very little about Kalla's visit. Kalla has held at least 14 meetings with US officials and investors since commencing his Washington trip on September 22 and is confident of strong results.

Singapore visitor arrivals higher in August, led by Indonesians Singapore (ANTARA News) - Singapore's visitor arrivals in August rose 7.2 percent from the same month last year to reach 870,000, the city-state's tourism board said Wednesday. Neighbouring Indonesia led the influx with 164,000 visitors, followed by China, Japan, Australia and Malaysia, the Singapore Tourism Board said as reported by AFP.

Bank BRI to allocate Rp13 trillion for biofuel plantation program Jakarta (ANTARA News) - Publicly-listed Bank BRI will finance a biofuel plantation program with Rp13 trillion in the second semester of 2006 after the national bank allocated Rp6 trillion to Rp7 trillion for the scheme in the first semester, its director Sulaiman Arief Arianto said.