Recently added articles from Indonesian Commercial Newsletter:
Agriculture back again as economic backbone.(FOCUS)
Apr 01, 2009 ... Agriculture saves the economy When the manufacturing industry was badly hit by the monetary crisis toward the end of the 1990s, Indonesia relied on exports of primary commodities, which are considered to have low added value to prop up its ailing economy. Many were of the ...
Plant seedling cultivation industry.(INDUSTRY PROFILE)
Apr 01, 2009 ... Backgrounds A rapid expansion has been recorded in the plantation sector especially oil palm plantations in Indonesia in the past 10 years resulting in the country becoming the world's largest producer of palm oil. Cacao plantations have also expanded making the country the ...
Development of food crop seed industry.(INDUSTRY PROFILE)
Apr 01, 2009 ... Introduction The country's production of rice in 2008 rose 4.76% to 60.28 million tons from 57.16 million tons in 2007 in dry unhulled rice (GKG). The Central Bureau of Statistics (BPS) said the production in 2007 rose 4.96% from 55.4 million tons in 2006.. The ...
Asian Agri Group.(COMPANY PROFILE)
Apr 01, 2009 ... Backgrounds The Asian Agri Group (GAA) is a sub group of the Raja Garuda Mas (RGM) Group owned by tycoon Sukanto Tanoto. Tanoto is one of the country's richest people in 2006 according to the Forbes Magazine. According to the magazine, the Tanoto family has assets valued at US$ ...
Revitalization of cacao plantations boosts seeds producing industry.(INDUSTRY)
Apr 01, 2009 ... Backgrounds Cacao has become major export commodity for the country outside oil and gas. Cacao plantations contribute to economic development especially agro industry in a number of areas in the country. Currently, the country is the world's third largest producer and exporter ...
Toyota to boost production.(CORPORATE NEWS IN BRIEF)
Apr 01, 2009 ... PT Toyota Astra Motor (TAM) plans to increase its car production in May as stock of Toyota cars in various types were dwindling. In March TAM recorded sales at 13,458 units leaving only stocks enough to meet market demand for 7 days. Normally stock is enough to cover sales for 15 days ....
Telkomsel granted additional 3G frequencies.(CORPORATE NEWS IN BRIEF)
Apr 01, 2009 ... The country's largest cellular phone operator PT Telkomsel, the subsidiary of state telecommunication company PT Telkom, is the only one qualifying for additional 3G frequency, an official said. Telkomsel is the only 3G operators agreed to pay Rp160 billion in annual fee for the additional ...
Pertamina hands over management of non core business to PPA.(CORPORATE NEWS IN BRIEF)
Apr 01, 2009 ... State-oil and gas company PT Pertamina will hand over the management of its stakes in five subsidiaries and 11 property assets to the asset management company PT Perusahaan Pengelola Aset (PPA) to be able to concentrate more on its core business. Pertamina and PPA have signed a memorandum ...
Telkom secures US$100 mln loan in vendor financing from Chinese company.(CORPORATE NEWS IN BRIEF)
Apr 01, 2009 ... PT Telekomunikasi Indonesia Tbk (Telkom) has secured a vendor financing valued at US$100 million from Huawei to finance development of CDMA and broadband business. Telkom Finance Director Sudiro Asno said the company has signed a memorandum of understanding with the Chinese company. Sudiro ...
A number of banks plan acquisitions amid business slump.(ECONOMIC NEWS IN BRIEF)
Apr 01, 2009 ... A number of banks have announced plans of expansion through acquisition of banks or financial agencies amid global financial crisis hat has caused business slump this year. PT Bank Mandiri Tbk is eyeing a general insurance company to strengthen its insurance business unit under AXA Mandiri ...
Indonesian manufacturing industry needs an investment of $45.4 bln.(ECONOMIC NEWS IN BRIEF)(Brief article)
Apr 01, 2009 ... The country's manufacturing industry will need an additional investment of US$45.4 billion in the next five years (2010-2015) to meet the growth target of 9.43% a year. The additional investment is expected to increase the capacity utilization of factories from 60% to 85% especially those ...
Sales of sedan car down sharply.(ECONOMIC NEWS IN BRIEF)
Apr 01, 2009 ... Sales of sedan cars plunged 59.8% to 3,474 units in the first quarter of this year from the same period last year. Demand for sedan cars shrank as a result of the rupiah fall that resulted in an increase in the prices of cars especially sedan cars. In the first quarter of 2008, sales of ...
Four companies to invest $2.27 bln in forestry projects.(ECONOMIC NEWS IN BRIEF)
Apr 01, 2009 ... Four companies have secured the license to build industrial timber estates (HTI) over a total area of 283,740 hectares. The project is estimated to cost around Rp24.88 trillion (US$2.27 billion), an official of the forestry ministry said. PT Selaras Inti Sejahtera alone plans to invest ...
Indonesia's steel industry facing gloomy prospects.(ECONOMIC NEWS IN BRIEF)
Apr 01, 2009 ... Indonesia's steel industry is feared to continue to be hurt this year by foreign exchange loss, high production costs and weak demand, an official of the ministry of industry said. Metal Director I Putu Suryawirawan said the condition of the world market is expected to remain unfavorable ...
Directory of seed and palm oil plantation companies in Indonesia.(APPENDICES)(Directory)
Apr 01, 2009 ... <Pre> DIRECTORY OF SEED AND PALM OIL PLANTATION COMPANIES IN INDONESIA STATE OWNED COMPANIES PT. PERKEBUNAN NUSANTARA III Head Office Address: Sei Sikambing PO BOX 91, Medan 20122North Sumatera Phone No.: (061) 8455775, 8452244 Fax No.: ...
1. Economic indicators.(Appendices)
Apr 01, 2009 ... <Pre> 1. ECONOMIC INDICATORS Indonesia's inflation by Group of Commodities, 2005- 2009 (*) (2002=100) Year/ FoodPrepared Housing, Food,Water, MonthStuff Beverage ElectricityCigarette ...
2. Export and import.(Appendices)(Statistical table)
Apr 01, 2009 ... <Pre> 2. EXPORT AND IMPORT Indonesia's Export Development, 2006-2009 FOB value (US$ million) Jan-Des 2006 2007 2008 Descriptions Total Exports 100,799114,023...
3. Gross domestic product.(Appendices)(Statistical table)(Brief article)
Apr 01, 2009 ... <Pre> 3. GROSS DOMESTIC PRODUCT The Value of Gross Domestic Product By Industrial Origin At Current Price and At Constant Price 2000 (Trillion Rupiahs) Industrial origin At Constant Price 2000 2005 2006 2007 ...
4. Oil price and foreign exchange.(Appendices)
Apr 01, 2009 ... <Pre> 4. OIL PRICE AND FOREIGN EXCHANGE OIL PRICES Latest ITEM MarketDate Price CRUDE OIL PRICE (US$/Barrel) --Sumatran Light (1)Tokyo4/30/2009 41.89 --Arabian ...
5. The Indonesian economic trends.(Appendices)(Statistical table)
Apr 01, 2009 ... <Pre> 5. THE INDONESIAN ECONOMIC TRENDS Items 2004 (r)2005 (r)2006 (r) 1. The growth rate of GDP 5.1 5.6 5.5 (% p.a.) --GDP per capita (US$) 1,207 1,320 1,663 --GNP per ...