Recently added articles from Indonesian Commercial Newsletter:
Defisit in trade balance jolts capital market.(FOCUS)
Aug 01, 2008 ... The country recorded its second trade deficit this year of US$270 million in July 2008 as a result of falling exports of non oil/gas commodities. Imports in July were valued at US$12.82 billion exceeding exports of US$12.55 billion. The deficit was attributable mainly to a decline in the ...
Development of sea transport service industry.(INDUSTRY PROFILE)
Aug 01, 2008 ... Current Issue The government has restricted the use of foreign ships for domestic transports of certain commodities but implementation of the policy is not easy as the country still has large shortage of ships. Chairman of the Indonesia Ship Owners Association (INSA) Oentoro ...
Development of ports in Indonesia.(Industry Profile)
Aug 01, 2008 ... 1. Backgrounds Ports are among the most important infrastructure for Indonesia, a maritime country and a group of thousands of big and small islands that make up the world's largest archipelago. Ports have vital role in the country's economic development to facilitate its ...
Domestic coal transport.(INDUSTRY)
Aug 01, 2008 ... Backgrounds Business in coal transport is brisker in the country with growing exports of that commodity and domestic consumption for the industry notably for coal fired power plants. Demand for transport service, therefore, has increased sharply. Transport equipment such as ...
Shipyard industry gains momentum.(INDUSTRY)
Aug 01, 2008 ... Shipbuilding industry in Indonesia is a strategic industry and has been developed for a number of decades. However, the industry has remained a minor contributor to the country's economic development. The industry has faced a host of problems so far especially in raising ...
Shipping and shipbuilding sector still facing financing problem amid growing market demand.(FINANCE)
Aug 01, 2008 ... After long being in the doldrums, the country's ship building industry begin to show that it has fresh blood to grow boosted by the government policy to adopt the cabotage principle as outlined in the Presidential Instruction (Inpres) No.5 in 2005, which gives protection to domestic ...
Arpeni Pratama Ocean Line (APOL).(COMPANY PROFILE)(Company overview)
Aug 01, 2008 ... Backgrounds APOL, which was established in 1975, is a subsidiary of Bina Surya Group (BSG), a widely diversified corporation having business units in forestry and timber processing industry, plantation, shipping, mining, trading and, property sectors. Arpeni operates in ...
Mandiri to acquire Tunas at Rp 290 billion.(CORPORATE NEWS IN BRIEF)(P.T. Bank Mandiri acquired PT Tunas Financindo Sarana)(Brief article)
Aug 01, 2008 ... MANDIRI TO ACQUIRE TUNAS AT Rp 290 BILLION. PT Bank Mandiri Tbk plans to acquire 51% of financing firm PT Tunas Financindo Sarana (Tunas Finance) at a price of Rp 290 billion miliar. The subsidiary of the Tunas Group is 25% owned by i PT Tunas Mobilindo Parama and 75% by PT Tunas Ridean ...
Three toy companies to shift production orders from China to Indonesia.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... THREE TOY COMPANIES TO SHIFT PRODUCTION ORDERS FROM CHINA TO INDONESIA. At least three toy companies from Canada, Britain and Hong Kong plan to shift order for toy production from China to Indonesia. The three companies are estimated to have orders for toys valued up to US$60 million a ...
Three companies to start business in producing oil palm seeds.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... THREE COMPANIES TO START BUSINESS IN PRODUCING OIL PALM SEEDS. Three large companies PT Bakrie Plantation, PT Sarana Inti Pratama (Salim Group) and Sasaran Ehsan Mekarsari plan to expand business in oil palm seeds production. The Plantation Director General Achmad Mangga Barani said the ...
Ace Hardware considering to acquire company.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... ACE HARDWARE CONSIDERING TO ACQUIRE COMPANY. PT Ace Hardware Indonesia Tbk, hardware and house ware company, is considering business expansion through acquisition of a company. Ace Hardware Commissioner Tjiptono Darmadji said currently he company is studying the plan and fund to be used ...
Adidas to invest US$200 million in three shoe factories.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... ADIDAS TO INVEST US$200 MILLION IN THREE SHOE FACTORIES. The Adidas Group plans to build three shoe factories with a total investment of US$200 million in the country. The plan came after report of mismanagement of its local partners including PT Prima Inreksa Industries, which caused ...
Malaysian investor to build power plant in Batam.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... MALAYSIAN INVESTOR TO BUILD POWER PLANT IN BATAM. A consortium of four foriegn banks are ready to finance the construciton of coal-fired power plant in Kabil, Batam with a capacity of 4 x 25 megawatts. The project estimaetd to cost US$170 million is planned by PT Tria Talang Emas from ...
Two companies building double refined sugar factories.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... TWO COMPANIES BUILDING DOUBLE REFINED SUGAR FACTORIES. Two domestic investment (PMDN) companies are carrying out their plan to build integrated double refined sugar factories with a total investment of US$30 million in Lampung and West Sumatra. One of the companies PT Sangyang Jaya is in ...
Inpex to invest a total of $14 BLN in Masella block venture.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... INPEX TO INVEST A TOTAL OF $14 BLN IN MASELLA BLOCK VENTURE. The government and Inpex Masela Ltd agree to develop gas from the Masela block in eastern Indonesia and build a floating liquefied natural gas plant with a total investment of US$14 billion. Plan of development (PoD) is to be ...
Asian Agri set to produce 12 million units of oil palm seedlings.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... ASIAN AGRI SET TO PRODUCE 12 MILLION UNITS OF OIL PALM SEEDLINGS. Plantation company Asian Agri said it hopes to produce 12 million units of oil palm seedlings this year. Company General Manager Fiona Mambu said demand for oil palm seedlings has continued to scale up with the expansion of ...
Papua & freeport to build cement and hydropower plants.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... PAPUA & FREEPORT TO BUILD CEMENT AND HYDROPOWER PLANTS. The regional administration of Papua in cooperation with the U.S. gold and copper mining company PT Freeport Indonesia, plan the construction of two projects a cement factory with a production capacity of 1 million tons a year and a ...
Wika Dan Indopower win geothermal power tender.(CORPORATE NEWS IN BRIEF)(PT Wijaya Karya)(PT Indonesia Power)(Brief article)
Aug 01, 2008 ... WIKA DAN INDOPOWER WIN GEOTHERMAL POWER TENDER. PT Wijaya Karya (Wika) and PT Indonesia Power have won tenders to develop geothermal power reserve and build geothermal power plant. PT Wika won the tender to produce geothermal power from the concession area of Gunung Tampomas, and Indonesia ...
Indofood seeking to acquire Indomilk.(CORPORATE NEWS IN BRIEF)
Aug 01, 2008 ... INDOFOOD SEEKING TO ACQUIRE INDOMILK. Indonesia's food giant PT Indofood Sukses Makmur Tbk is negotiating with the owners of PT Indolakto seeking to acquire the share of the milk processing company. The planned acquisition is part of the program of Indofood to expand operation to milk ...
Directory of sea transportation companies in Indonesia.(APPENDICES)(Directory)
Aug 01, 2008 ... <Pre> DIRECTORY OF SEA TRANSPORTATION COMPANIES IN INDONESIA PT JARDINE TANGGUH TRANSPORT SERVICES Address head office: Graha Kirana Building 12th Floor JI. Yos Sudarso 88, Jakarta Utara 14350 Phone No.: 62 21 65311216 Fax No.:...