| Fri 27 Jan 2012 |
Business Highlights
Sacramento Bee | --- | Economy grew 2.8 percent in Q4, but outlook is hazy | WASHINGTON (AP) - The economy grew late last year at a pace that in normal times would suggest it's healthy. | But the 2.8 percent annualized growth rate in the October-December quarter - ... |
Jakarta's Water Mediators Wonder if They Still Have a Job
Jakarta Globe In their talks to renegotiate a contentious contract, Jakarta water utility PAM Jaya and French-controlled operator Palyja, unable to agree on key points, have more or less reached a stalemate. | Such matters would normally be handled by the Jakarta ... |
Offshoring: high price of low cost
Sydney Morning Herald | ANZ's global website had 55 jobs advertised at its new Manila operation yesterday. They ranged from a new head of human resources to credit-risk officers and business analysts. Almost all required a high level of university education, two years of ... |
Massive US Troop Movements In California Raise Russian Concerns
Pakalert Press Share | Sorcha Faal | What Does It Mean | A disturbing report prepared by the Ministry of Defense circulating in the Kremlin today states that Russian Military Officials were rebuffed by NATO yesterday after questions were raised regarding massive tr... |
Israel will indeed strike Iran in 2012
Pakalert Press Share | Guardian | One of Israel’s leading strategic analysts says the country’s leadership believes air strikes can set back the Iranian nuclear programme by three to five years | Ronen Bergman, an investigative journalist and analyst on... |
Images Show the Power of a Helping Hand
Jakarta Globe Four children stand at the front of a classroom in Burkina Faso, eyes buried in their books. Behind them sits a blackboard colored with drawings, numbers and tables. | The message from this image — one of 38 at the Nouveaux Regards Sur le Sud (New ... |
Indonesia tanker firm Berlian Laju to stop debt payments
Tempo Interactive | , Jakarta:Indonesia's largest oil-and-gas shipping company PT Berlian Laju Tanker Tbk said it will stop servicing its debt, which ratings agency Fitch said could lead to a default rating. | The debt moratorium will enable the Berlian Laju group to ... |
Indonesia tanker firm Berlian Laju to stop debt payments
The Guardian (Adds Fitch rating action, Nomura comment) SINGAPORE, Jan 27 (Reuters) - Indonesia's largest oil-and-gas shipping company PT Berlian Laju Tanker Tbk said it will stop servicing its debt, which ratings agency Fitch said could lead to a default rating.... |
Indonesia Does U-turn on Fuel Subsidy Curbs
Jakarta Globe Indonesia’s plan to bar private cars from using subsidized fuel as of April1 is now on the backburner. Instead, all motorists are set to pay more for fuel in the coming months. | The change reflects the difficulty of enforcing a ban many had predic... |
| Thu 26 Jan 2012 |
Fresh, independent faces on offer
Perspectif Online | Dahlan Iskan, Jokowi and Sri Mulyani By Wimar Witoelar Discussing presidential candidates before their formal candidacy fills the grey area between politics and gossip. The arguments scattered and lack expertise or even information. Still it... |
AWE Acquires Assets Offshore Indonesia
Rig Zone | AWE Limited (AWE) has executed a Sale and Purchase Agreement (SPA) with a subsidiary of Genting Berhad (Genting) whereby a wholly owned subsidiary of AWE will acquire a 100 percent interest and operatorship of two Production Sharing Contracts (PSCs... |
The Carbon Noose Around Asia's Neck
Huffington Post | Mumbai, India -- The story is buried in the business section of the Times of India. India's largely government-owned monopoly, Coal India, is changing its pricing system -- and the result will be a staggering 25 percent projected increase in the pr... |
Alam Sutera Raising Cash for Land Acquisition
Jakarta Globe Alam Sutera Realty, a publicly traded property developer, will acquire new land in Banten with Rp 785.98 billion ($88 million) in proceeds from the sale of shares to a select private investor, the company said on Thursday. | The Jakarta-based company... |
Indonesian Bond Sale Raises Rp 10.5 Trillion
Jakarta Globe Indonesia raised Rp 10.5 trillion ($1.2 billion) from selling bonds and bills in Jakarta on Thursday, more than the Rp 7 trillion it had originally sought to sell. | The government received Rp 51.3 trillion in bids from investors, the debt management... |
Garuda, Bank Mandiri sign MoU on joint promotion
Jakarta Post | Flag carrier Garuda Indonesia signed an agreement with the country’s largest lender Bank Mandiri on joint promotion on Thursday. | A memorandum of understanding (MoU) was signed by Garuda marketing director M. Arif Wibowo and Mandiri executive vi... |
Jakarta Port Tender Process Is Canceled for Lack of Funds
Jakarta Globe The government has decided to scrap the prequalification tender process for the North Kalibaru dock terminal at Tanjung Priok seaport in North Jakarta because it cannot afford to jointly finance the project, an official said. | That may cast a shadow... |
Private-Equity to Grow as Indonesia’s GDP Rises
Jakarta Globe New investors are pushing into Indonesia’s fledgling private-equity market, where firms led by TPG Capital’s local partner raised a record $1.16 billion last year even as deal-making fell by more than half. | Glenn Yusuf, who ran Indonesia’s ba... |
Airport Rail Lines Ready to Roll in 2013: Minister
Jakarta Globe The government is optimistic that commuter lines from Jakarta to Soekarno-Hatta International Airport will start running next year. | “We’re still finishing the work, and they [the commuter lines] are expected to be operational in 2013,” Transp... |
Alam Sutera Raising Cash for Land Buy
Jakarta Globe Alam Sutera Realty, a publicly traded property developer, will acquire new land in Banten with Rp 785.98 billion ($88 million) in proceeds from the sale of shares to a select private investor, the company said on Thursday. | The Jakarta-based company... |
Liquidnet Announces 2011 Performance Highlights
Business Wire | Global Expansion Drives Performance | NEW YORK--(BUSINESS WIRE)--Liquidnet, the global institutional trading network, today announced 2011 performance highlights, monthly and year-to-date trading statistics for US and international equities. | R... |
UI to clarify and follow up on BPK’s report in two months
Jakarta Post | The University of Indonesia says it will follow up within 60 days on a report about two financial irregularities, which hint at possible corruption in one of the country’s oldest and largest universities. | “The University of Indonesia (UI) say... |
Persian Gulf Option One: A False Flag
Pakalert Press Share | Patrick Henningsen | Infowars | The USS Liberty incident took place in 1967 | “Remember the Maine!”, was the cry back in 1898 from William Randolph Heart’s New York Journal – a forerunner the modern Murdoch press. Then, some 274 men l... |
Kantor Bupati Dibakar, Bima ...
Vivanews | | VIVAnews – Chairman of Indonesian Banks Association (Perbanas), Sigit Pramono, said that the country is in desperate need for an infrastructure bank as infrastructure funding requires long-term loans of 7 to 15 years. Meanwhile... |
Witness Claims DPR Members Received US$1.1 Million
Tempo Interactive | , Jakarta:Yulianis said that some elements in the House of Representatives (DPR) received a cut from the SEA Games athletes village project construction in Jakabaring, Palembang. According to the former finance deputy director of the Permai Group,... |
ICW applauds KPK in naming Miranda, expects mastermind in KPK’s next move
Jakarta Post | The Indonesia Corruption Watch (ICW) has expressed its appreciation to the Corruption Eradication Commission (KPK) after the latter named Miranda Swaray Goeltom a suspect in the high-profile Bank Indonesia bribery case. | However, the ICW says the ... |
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