Biz News : Export Tariff for Crude Palm Oil Raised To 10% - Business & Investment - INDONESIA -- Garuda - NationMigration |DIY Migration|Travel|China|Beijing|Olympics|Singapore|Indonesia|Bali|Korea|Philippines|Shanghai|Malaysia|Australia|New Zealand|Japan

haibara

Moderator

UID 44
Digest Posts 0
Credits 755
Posts 544
Reading Access 100
Registered 2-10-2007
Location Indonesia
Mode Offline

Big Middle Small

Post at 26-10-2007 12:46 Profile My Space P.M. Buddy

Biz News : Export Tariff for Crude Palm Oil Raised To 10%

As per Nov 01 2007,export tariff for Crude Palm Oil or CPU has raised from 7.5 per cent to 10 percent. This increase is due to a rise in the price of CPO in Rotterdammarket, which has been used as a standard price.

[ Last edited by haibara at 26-10-2007 11:52 ]

[Adv.]

haibara

Moderator

UID 44
Digest Posts 0
Credits 755
Posts 544
Reading Access 100
Registered 2-10-2007
Location Indonesia
Mode Offline

Big Middle Small

Post at 26-10-2007 12:59 Profile My Space P.M. Buddy

The Directors of Garuda Indonesia Had Been Warned

Coordinator Minister of State-owned Companies, Mr. SofyanDjalil said his department has warned the directors of Garuda Indonesiaregarding the seal of six aircrafts conducted by Soekarno – Hatta InternationalAirport Custom office.

According to My. Djalil, the seal of Garuda Indonesia’saircrafts was purely due to the company’s ignorance. “This case is anadministrative case which has been ignored by Garuda. I will take seriousaction to the wrongs” he said in Musi Banyuasin, South Sumateraat the launch of gas transmission project from Grissik to Pagardewa.

Last night at 19.30, Custom officers of Soekarno – Hatta International Airporttook off the seals that were placed on the remaining four aircrafts. By thisway, all
sealed 737-400 Garuda Indonesia’saircrafts had been re-operated normally.

haibara

Moderator

UID 44
Digest Posts 0
Credits 755
Posts 544
Reading Access 100
Registered 2-10-2007
Location Indonesia
Mode Offline

Big Middle Small

Post at 26-10-2007 13:02 Profile My Space P.M. Buddy

IPO Wika Oversubscribed by 44.8

IPO share hunters had lodged increasingly interests in PTWijaya Karya. Up to the last day of initial offerings, there had beenoversubscribed by 44.8 times lodged by 22,000 domestic peer investors.

Vice President of PT Bahana Securities, the underwriter ofPT Wijaya Karya, on Thursday (25/10) said the number stated hadn’t beeinincluded institutional investors’ interest.

PT Wijaya Karya makes an initial offer of 1.846 billion ofshares to the public at the price of 320 – 420 rupiahs per share. The companytargets to get additional fund of 773 billion rupiahs through this IPOstrategy.

haibara

Moderator

UID 44
Digest Posts 0
Credits 755
Posts 544
Reading Access 100
Registered 2-10-2007
Location Indonesia
Mode Offline

Big Middle Small

Post at 26-10-2007 13:16 Profile My Space P.M. Buddy

JSX To Issue New Rules To Prevent Price Manipulation

Indonesiastock market is still interested for foreign investors, especially from theearning growth point of view.

“Yesterday (Wednesday) I met some investors from largeinvestment funds in US. They said Indonesian stock market is still interested,though the index is currently too high. But, from the earning growth, it stillsounds promising in the future” Erry Firmansyah, the chief executive officer ofJakarta Stock Exchange (JSX) said yesterday in Jakarta.

While, in order to reduce the number of
price manipulation practices, JSX will launcha set of rules. According to Mr. Firmansyah, the rules oblige each peer traderto transfer his/her ownership of shares to others through JSX.

It has been a common practice in Indonesiathat a peer trade may transfer his/her shares to other traders without goingthrough JSX system. These shares are then traded again one another in order tomanipulate the price.

haibara

Moderator

UID 44
Digest Posts 0
Credits 755
Posts 544
Reading Access 100
Registered 2-10-2007
Location Indonesia
Mode Offline

Big Middle Small

Post at 15-11-2007 18:50 Profile My Space P.M. Buddy

Third-Quarter Economic Growth 6.5%

Thursday, Nov 15

Indonesia's economic growth in the third quarter of 2007 was 6.5%,backed by all sectors mainly agriculture that grew by 10.2% versus thesecond quarter, export growth of 2.2% and investment growth of 5.3%.

Year-on-year,household consumption climbed up 5.3%, government consumption increased6.5% while investment grew 8.8% and export growth was 7.8%.

Headof Central Board of Statistics (BPS), Rusman Heriawan, said today(15/11) that investment sector recorded a promising growth during thatperiod, which is expected to have growth with higher quality in thefuture instead of being supported by consumption sector.

He saidJava made the highest contribution of the third-quarter GDP that was59.3% followed by Sumatera (23.2%), Kalimantan (9%) and Sulawesi (4%).

Brette

Newbie

UID 524
Digest Posts 0
Credits 5
Posts 1
Reading Access 10
Registered 30-11-2009
Mode Offline

Big Middle Small

Post at 30-11-2009 11:56 Profile My Space P.M. Buddy

This is great news...Thanks for the updates..Cheers

Regards

Brette
Surendettement