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Sat, 03 Jun 2006
Indofood plans palm unit IPO
Indofood plans palm unit IPOThe Jakarta Post, JakartaGiant instant noodle maker PT Indofood Sukses Makmur is set to launch an initial public offering (IPO) for its crude palm oil business.The publicly listed company's president director, Anthoni Salim, said that the IPO plan had been adopted to...
Sat, 03 Jun 2006
Kutai Administration to buyback coal producer, why?
Kutai Administration to buyback coal producer, why?The rich Kutai Regency Administration in East Kalimantan province want to buyback 13% shares of PT Kaltim Prima Coal (KPC), the giant coal mining company which just divested by PT Bumi Resources Tbk to PT Borneo Lumbung Energi, at market price.
Sat, 03 Jun 2006
Indonesia faces huge rebuilding job
Indonesia faces huge rebuilding jobBy CHRIS BRUMMITT, Associated Press Writer Fri Jun 2, 2:23 PM ETTELAN, Indonesia - It is 7:30 a.m., and Soliman and his wife are hard at work, digging through the rubble of their quake-destroyed house and neatly stacking reusable bricks, tiles and wooden posts.
Sat, 03 Jun 2006
Bali dream homes: resiliently ever-rising
Bali dream homes: resiliently ever-risingBy Vaudine England International Herald TribuneFRIDAY, JUNE 2, 2006SEMINYAK, Indonesia Although hotel reservations in Bali plummeted - at least temporarily - after the terrorist bombings of October 2002 and October 2005, investments in dream homes have never...
Fri, 02 Jun 2006
EPFM sets sights on Java to double sales growth
EPFM sets sights on Java to double sales growthThe Jakarta Post, JakartaSouth Sulawesi-based PT Eastern Pearl Flour Mills (EPFM) is aiming to expand its market in the crucial Java region by introducing new 1 kilogram packs of its flour products.
Fri, 02 Jun 2006
CPO, coal drove RI exports in April
CPO, coal drove RI exports in AprilUrip Hudiono, The Jakarta Post, JakartaIndonesia's main commodities -- crude palm oil and coal -- continued to keep the country's export performance on track in April, with the overall value of exports rising 2 percent to US$7.
Fri, 02 Jun 2006
Jasa Marga looking to IPO in Q4
Jasa Marga looking to IPO in Q4Rendi Akhmad Witular, The Jakarta Post, JakartaAfter several delays caused by regulatory uncertainties, state-owned turnpike operator PT Jasa Marga is now gearing up to go public via an initial public offering in the fourth quarter of this year.
Fri, 02 Jun 2006
Investment From Middle East Doubtful
Investment From Middle East DoubtfulFriday, 02 June, 2006 | 15:16 WIBTEMPO Interactive, Jakarta: Economist Faisal Basri doubts the entry of investment from Middle East countries to Indonesia. He believes that the government is mistaken to expect funds to be transferred from the leaders of these...
Thu, 01 Jun 2006
Indonesian cement deal cracks open
Jun 2, 2006 Indonesian cement deal cracks openBy Bill GuerinJAKARTA - Cemex SA de CV, the world's third-largest cement maker, and Indonesia are parting ways after a bitter, protracted contractual dispute.
Thu, 01 Jun 2006
HSBC Indonesia gets capital injection
HSBC Indonesia gets capital injectionJAKARTA - The Hong Kong and Shanghai Banking Corp Ltd (HSBC) has given a capital injection of US$300 million to HSBC Indonesia to support expansion plans by its Indonesian unit.
Thu, 01 Jun 2006
Dutch businessmen to invest in Indonesia
Dutch businessmen to invest in IndonesiaJakarta (ANTARA News) - A number of Dutch businessmen have expressed interest to invest in the infrastructure, drinking water, health equipment and financial sectors, Chief Economic Minister Boediono has said.
Thu, 01 Jun 2006
Hard for Industry to Reach 7.7 Percent Growth
Hard for Industry to Reach 7.7 Percent GrowthWednesday, 31 May, 2006 | 10:08 WIBTEMPO Interactive, Jakarta: The target of industrial growth of 7.7 percent set by the Department of Industry is going to be difficult to achieve.Muhammad S.
Thu, 01 Jun 2006
HSBC expands into personal loan market
HSBC expands into personal loan marketThe Jakarta Post, JakartaThe Hongkong and Shanghai Banking Corporation (HSBC), already well known in Indonesia as a credit card issuer, is keen to further tap Indonesia's personal loan market as shown by its latest product -- a collateral-free loan scheme for...