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Singapore`s Olam buys Indonesian sugar refinery for 12.6 mln usd
""We have found PT DUS to be an opportunity for us to participate in the growing sugar refining sector in Indonesia. We believe our entry into the country's sugar refining sector will add much more value to the local industries that consume sugar and we can scale up PT DUS...Indonesian inflation seen accelerating in Sept on higher food prices
""Thus, we expect to see a higher year-on-year inflation rate in September 2007, at 7.02 percent year-on-year, compared to the August inflation rate of 6.51 percent," Gunawan said. Apart from the Ramadan effect,...Indonesia signs 300 mln aud loan from Australia for road projects
"The loan is supported by a 209 billion rupiah grant for planning and design to support the delivery of high quality engineering works, the Australian Ambassador to Indonesia, Bill Farmer, was quoted by Thomson Financial as saying in a statement. He said the funding would...PT Indosat end-August cellular subscribers 21.5 mln, up 1.5 mln from June
""The significant rise in the subscriber base in the past two months is in line with the expansion of the company's coverage as well as aggressive promotional activities," company president Johnny Swandi Sjam told...Indonesian govt removes VAT on non-branded cooking oil
"he removal of VAT on non-branded cooking oil will reduce the government's revenue by some 300 billion rupiah this year. The cooking oil price has gone up over the past few years in line with the increase in crude palm oil (CPO) prices in the global market. CPO is the raw...Thomson Financial appoints Business Development Director SE Asia
""Sivas broad international experience, combined with deep industry knowledge, will be a great asset to our team in Asia and further underscores Thomsons commitment to serve and grow our client base in the region ", said David Runacres, Managing Director, Sales, Asia Pacific....Indonesia August motorcycle sales up 17 pct from July, led by Honda
"Honda regained its market leadership after losing it to Yamaha in July, with sales in August of 187,544 bikes compared to Yamaha's 168,708, Thomson Financial reported citing the association. In July, Honda's...Indonesian inflation likely accelerated in Aug on higher food prices
Jakarta (ANTARA News) - Indonesian consumer prices rose faster in August than in the previous month led by food amid tight supply and as demand picks up ahead of the Muslim fasting period, most economists polled by Thomson Financial said. Muslims normally prepare heavy meals...
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