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Archives: June, 2008

ORI-005 will be issue on September 2008

Succes issued Retail Government Bond (ORI) since first issued (ORI-001) till fourth issued (ORI-004) has making our government optimistic by continued to issue the fifth retail bond number 005 (ORI-005) on next September 2008. ORI-005 will have a five-year maturity, and the yield will be compared to other five-year bonds in the market.   The government who [...]

Indonesia-Japan Economic Partnership Agreement (IN-EPA)

Government has targeting the trading volume of Indonesia to Japan will increase from 9.5% become to 12% after the agreement of Indonesia-Japan Economic Partnership Agreement (IN-EPA) has realized. This EPA’s agreement will be related by liberalization, facility and partnerships beetwen each country.  This agreement will be effective as per July, 01st 2008 and with this agreement, [...]

Pertamina projected 39% profit on 2008

in 2008, stated-owned oil and gas company, PT Pertamina was projected 39 percent to increase their profits.  It’s mean that the company must be raise their net profits from Rp. 24.5 trillion on the last year (2007) become to Rp. 34 trillion or equivalent with US$ 3.68 billion.  With current condition by rising oil prices, Pertamina [...]

Sentul City, “property is never ending business”

PT Sentul City Tbk will increase they pricelist for their property business, start from 10 percent up till 15 percent increase related with oil price increasing currently.  Although the purchasing power of consument has been decreasing but, the company optimis that the demand of propery business still attractive and also will not influence by significantly refer [...]

Pertamina has consider to increase the LPG’s price

After oil increased in the end of May 2008 by our government, currently Pertamina has plan to increase the LPG, especially for size 12Kg.  The LGP for size 12Kg more neededs by consument than another size like 3Kg or 50Kg. This condition has continue increasing by persistantly after oil increasing.  If Pertamina still using the old price [...]

Indonesia ranked 47th in The Enabling Trade Index 2008

The Enabling Trade Index in the 2008 Global Trade Report published on Wednesday (18/06/08) by the World Economic Forum compares 118 countries openness and international trade capabilities.  Overall, Indonesia ranked 47th among the 118 countries. Hong Kong topped the list, followed by Singapore, Sweden, Norway and Canada. Malaysia ranked 29th, China 48, Thailand 52 and Vietnam [...]

Till 2008, 1000 oil station will adapting “Pasti Pass” programs

To establish one oil station, pertamina needs Rp. 10 billion  to invest. Currently, Pertamina has introducing their investment in oil station “Pasti Pass” with Company Own Company Operator (COCO) program which owner and operating by Pertamina directly.  Beside in Rasuna Said, COCO program also has been application by company in Tanah Abang, Industry Area and Pramuka. [...]

St. Moritz will become to a global city in Asia

Mochtar’s first grand son, Michael Riyadi will leading the projet of St. Moritz Penthouse and Residences in this year projects, a multi billion dollar projects to establish a new business district in Puri Kembangan, West Jakarta.  St. Moritz will have 17 buildings that will provide 11 centers in one area, including office buildings, apartments, schools, a [...]

Mitra10 ready to expand their business

Distributor and retailer company which focus on buildings materials, PT Catur Sentosa Adiprana (CSA) or familier with Mitra10 gets loans Rp. 210 billions (equivalent with US$ 22.54 million) from some banking institution.  The banking are consist of Bank Central Asia (BCA), Bank Danamon, UOB Bank, Bank Niaga and Bank Bumiputera Indonesia.  From the total loans, Rp. 111 [...]

BI rate increase to cover the inflation pressure

According to the Central Statistic Agency (BPS), our inflation in May 2008 is around 10.4 percent.   This condition automatically will influence our economic growht. As we now that the government of Indonesia expects the economy to growht by between 6 – 6.4 percent for this year. For the first qurtal of 2008, BPS was reported [...]

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