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Archives: Invesment

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 [...]

IATA giving IOSA certificate for Garuda Indonesia

Last week, PT Garuda Indonesia Airways (GIA) has receive award from The International Air Transport Association (IATA) for Operational Safety Audit (IOSA) certificate in Istanbul, Turki.   The award has giving by director general of IATA, Giovanni Bisignani to president director of Garuda Indonesia, Emirsyah Satar on Tuesday (June, 03rd of 2008).  This award also as a [...]

US$ 90 million will invest by AKR

PT AKR Corporindo as a top chemicals and fuel distributor in Indonesia has planning to go for expansion with invest about US$ 90 million for the construction of a fuel tank terminal at Tanjung Priok, North Jakarta.    This planning would be realized by the company in a within year and hopely to be completed on [...]

Bakrie join with Jakpro on freeway project

PT Bakrieland Development Tbk (Bakrie) and PT Jakarta Propertindo Tbk (Jakpro) was agreed to joint and planning to build the property and infrastucture projects, especially in freeway access at Ulujami-Kebon Jeruk (W2).  Director of Jakpro, IGKG Suena, said that the agreement is for the project financing. Currently the projects are consisting of PT Jasa Marga Tbk [...]

Bekasi, the next target of Summarecon

One of the leading property business in Indonesia and also has publicly listed firm, PT Summarecon Agung, Tbk has plan to expand their business by building almost 30 thousands of houses for middle and upper-income families at West Bekasi.  As we know that currently, the company was succed to build their property business image such as [...]

To realize the 10,000MW project, PLN seeking the loans from overseas

China Ekport Import Bank and UK-based bank Barckay are among the foreign banks expressing interest to funding the state-owned power company, PT Perusahaan Listrik Negara (PLN) with 10,000 megawatts (MW) emergency power project.  Currently, PLN has deal worth Rp. 7.3 trillion or equivalent with US$ 794.77 million with Bank Mega and Bank Bukopin. Bank Mega is [...]

International Paper invest US$ 4 milliar at Indonesia

International Paper from United State of America (USA) will invest their money to the amount of US$ 4 milliar at Indonesia, with build the pulp manufacture.  Now, International Paper is the big three of pulp producent category in the world. They have another pulp manufactures at Brazil and Canada.   As per survey from the company for [...]

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