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Archives: September, 2008

Bakrie increase their capacity to cover SMS-traffic on “Idul Fitri”

To cover SMS-traffic of “Idul Fitri” holiday 2008, PT Bakrie Telecom Tbk was prepared by increasing their capacity for Short Message Service (SMS) become to 150 million SMS per day.  Normally, SMS-traffic send by customer is around 30-40 million per day. At this moment, Bakrie Telecom was predicted that the SMS-traffic will send by customer be [...]

Electricity subsidize for 2009 will be Rp. 60,43 trillion

Government and House of Representative (DPR)’s commission VII agree to determining amount of electricity sudsidize for 2009 Rp. 60,43 trillion by assuming 7% of electricity’s growth.   Government who representative by Minister of Energy and Mining, Purnomo Yusgiantoro said that without this sudsidize the growth of electricity is only 5,63% and by this subsidize the growth [...]

2009, dividends from BUMN Rp. 33 trillion

First semester of 2008, total dividends put in by state-owned enterprises (BUMN) has reached Rp. 13.4 trillion. These dividends was contributed by the banking sector around Rp. 4.5 trillion and from the non-banking sector around Rp. 8.9 trillion.  Finance Minister, Sri Mulyani was submitted the report in a hearing with the House of Representatives (DPR)’s comission [...]

Timah cancels to acquire Australian mining business

President Director of PT Tambang Timah, Wachid Usman said that the company was canceled a plan to acquire a mining business in Australia because it is no longer profitable.   The Australian mining field is an old mining site which had been abandoned for a long time with a remaining tin reserve of about 11,000 million [...]

Amendment of luxury tax will be realize

The government of Indonesia which representative by House’s Commission IX on Finance, national development planning, banking and non-bank financial institutions ,will propose some amendment to raise the luxury tax by between 10 and 200%, from its current standing of 75% of a luxury item’s worth (www.thejakartapost.com).  Vice chairman of tax, public policy, monetary, excise and customs [...]

IDB and ADB agree to financing Indonesia’s infrastructure projects

In the next three year, Indonesia will get the financing to realize the infrastructure projects covering irrigation and urban sector. This condition related with agreement was signed by the Asian Development Bank (ADB) and the Islamic Development Bank (ADB) to finance some projects in a number of member states, including Indonesia. 

Purchasing power of consument begin to increase

“Ramadhan” for this year has begin to increase the purchasing power of consument, this condition also much better than last year. Its shown that government decision on last May 2008 to increase the oil price is not really influence by significantly. Head of Enterpreunership Association Retail Indonesia, Tutum Rahanta, said that the retail selling at the [...]

Astro was ended support and service to Direct Vision (DV)

Trademark license agreement who owned by Lippo Group’s unit, PT Direct Vision (DV) from The largest cable television operator in Malaysia, Astro All Asia Networks Plc was expired on August 31, 2008.  Astro has not renew the agreement and also ended support and services to DV and the time limit will be ended thirty-days grace period [...]

2008, Danamon’s loans target Rp. 66.25 trillion

Chief Financial Officer of PT Bank Danamon Tbk., Vera Eve Lim, said that the outstanding loans will be reaching Rp. 66.25 trillion (US$ 7.28 billion) by the end of this year (2008).   On the first half of a year 2008, Danamon has contributing their loans facility to many sector, there are consist of corporate lending [...]

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