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Archives: Industry

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

BI rates increase 25 basis point

  The Central Bank of Indonesia (BI) rate’s was increase 25 basis point, from 8.5 percent become to 8.75 percent.  This condition will be bringing the positives influence to appreciate our currency (IDR) at level Rp. 9.200/ US$ and also of course, it will be able to support the decreasing of our inflation currently.  Beside Indonesia, it was [...]

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 [...]

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 [...]

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