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Archives: July, 2008

70 year property ownership’s for foreign citizen

Indonesia Real Estate Organization has been propose the tentative draft of regulation regarding property ownership for foreign citizen at Indonesia become to 70 years ownership’s.  Now, the organization has giving the tentative draft to government  representative who will be handle it, and going for selection to be a formal regulation.  If the regulation can be realize by [...]

Living more safety at Shangri-La Residences

Shangri-La Residences will implementing the finger scan technology for visitor who visit the apartments. It will be more safetyand privacy for their tenants.  The sistem will identifying every visitor who enter to every unit of apartments at Shangri-La Residences.  The integrated security in appartment also will guarantee the tenants to living more safety and enjoy in [...]

Samsung will invest US$ 1.63 billion to biodiesel project in Riau

South Korea’s largest company, Samsung Group plans to develop a 25,000-hectares oil palm plantation and a biodiesel refinery in Riau province (Sumatra) with an investment of up to Rp. 15 trillion (US$1.63 billion).   The company is one of many investors who very interested to taking a part in the country’s biodiesel development project in Sumatra. [...]

Merger Lippo-Niaga support by their employees

Almost 96 percent the employees of Lippo Bank and Niaga Bank  has been supporting their company for merger become to PT Bank CIMB Niaga.   The employees very optimistic that this condition will be impact significantly for both of them and also after the merger has done, hopely the company will be growing up persistanly more [...]

Hundreds contractors of government project will be collaps

Hundreds construction company as a projects partner for local goverment of Jakarta may be will collaps caused by the price increasing between 20 -30 percent of expenses material to finish their projects currently. The increasing of oil price in the world at this moment also has been influence to our domestic fuel price and it has [...]

Rp. 100 billion, targets for Pakuwon Grand Expo Exhibition at Surabaya

King of property business in Surabaya, Pakuwon Group has been launching their property projects which development at Jakarta and Surabaya by Pakuwon Grand Expo Exhibition at Atrium Tunjungan Plaza III, Surabaya.  The schedul for exhibition was began since July, 16-20, 2008. At this moment, the company was targeted the sales transaction around Rp. 100 billion.   Director [...]

Inflation still under controlled by BI

The Central Bank (BI) is very optimist that the inflation today will be decrease and still under controll by some BI’s monetary instruments.  The increasing of inflation in our country currently was more caused by volatility of oil pricing in the world.  Finance Minister, Sri Mulyani said that the Government Revenues and Expenditures Budgeting (APBN) is still [...]

Lion Air will landing at Jeddah and Riyadh, Arab Saudi

In the global market competitive airlines today, PT Lion Mentari Air (Lion Air) has plan to serving an additional flight number to Arab Saudi.  Corporate secretary of Lion Air, Hasyim Arsal Alhabsi said that the flight number to Arab Saudi will focus on two city, there are consist of Jeddah with six fligth number and Riyadh [...]

Economic growth 2008 will be 5,85%

The prediction of economic growth in 2008 will be decreasing become to 5,85 percent. It was caused by instability of macro economic condition on increasing of oil price in the world and also our high inflation today.  Some factors which very influence the decrease of economic growht are consist of interest rate with not attractive and [...]

Indonesia is the largest CPO producer in the world

As the world’s largest Crude Palm Oil (CPO) producer, Indonesia will always concern regarding current policy for this commodity, especially for export duty.  Focus on CPO, government always set the export duty every month. On February 2008, the goverment issued a new progressive tariff for export duties which states that CPO priced between US$1,100 and $1,200 [...]

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