Publication: Bisnis

First reported May 24 2013 - Updated 23 hours ago - 1 reports

Google Said to Face New Antitrust Probe on Display-Ad Market

SAN FRANCISCO -- Google Inc. is facing a new antitrust probe by the U.S. Federal Trade Commission into whether the company is using its leadership in the online display- advertising market to illegally curb competition, people familiar with the matter ... [Published Bisnis - May 24 2013]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

Yuan Rises to 19-Year High on Record Fixing, Premier Li Remarks

HONG KONG -- Chinas yuan strengthened to a 19- year high after the central bank set a record reference rate for the currency and Premier Li Keqiang reiterated the country was making progress in opening up its capital account.The nation is steadily pushing ... [Published Bisnis - May 24 2013]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

AirAsia Indonesia’s Revenue Rises by 34%

JAKARTA: AirAsia Indonesias revenue grew by 34% to IDR1.22 trillion in the first quarter of 2013 from IDR911.35 billion following the increase in distribution performance.Dharmadi, CEO of PT Indonesia AirAsia as the carrier operator, said the positive ... [Published Bisnis - May 24 2013]
First reported May 23 2013 - Updated May 24 2013 - 1 reports

Gov’t Insists to Ban ...

JAKARTAMinistry of Energy and Mineral Resources will begin to stop nickel ore exports next year as part of the efforts to control the market of this commodity.Thamrin Sihite, Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources, ... [Published Bisnis - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Indonesian Middle Class: Shop Till You Drop

When set foot back in the Soekarno-Hatta Airport Jakarta on Sunday afternoon two months ago, after spending a long holiday weekend out of town, I was shocked by the long jams along the roads in the area of the international airport. Vehicle actually runs ... [Published Bisnis - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Govt adds debt to cover budget deficit

JAKARTADeficit in this year's Revised State Budget Draft that has soared by threefold from the 2013 State Budget, may potentially increase the ratio of government debt.Finance Minister Chatib Basri said the primary balance deficit occurred because of ... [Published Bisnis - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

PLN Posts US$2,8 million Loss A Day Due To Gas Leak

JAKARTAPT Perusahaan Listrik Negara (Persero) posted loss up to US$2.8 million per day as PT Perusahaan Gas Negara (Persero) Tbk gas leak in South Sumatra-West Java (SSWJ) offshore pipeline Labuhan Marringai-Muara Bekasi. PLNs Oil-based Fuels and Gas ... [Published Bisnis - May 23 2013]
Entities: Bekasi, Jambi, Pertamina
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Lake Toba Festival fails to attract tourists

MEDAN: Lake Toba Festival which is scheduled on September 8-14 fails to attract tourists to come to North Sumatra.Solahuddin Nasution, Chairman of Travel Agents Association (Asita) North Sumatra, said handling activities such as Lake Toba Festival is ... [Published Bisnis - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

HP Forecast Tops Estimates as Expense Cuts Counter PC Slump

SAN FRANCISCO -- Hewlett-Packard Co., the largest personal-computer maker, forecast fiscal third-quarter profit that topped analysts estimates after the company cut costs to counter slumping demand for desktops and laptops.Earnings excluding some items ... [Published Bisnis - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Poland to cooperate with Balikpapan on mining

BALIKPAPAN: Embassy of Poland to explore opportunities to work together with the government of Balikpapan primarily in the business of mining equipment support.Main Consulate Head of Trade and Investment Promotion Division of the Embassy of Poland Romuald ... [Published Bisnis - May 23 2013]
Entities: Balikpapan, Poland, Mining
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Entrepreneurs is ok with dual price ahead redenomination

JAKARTA - Employers claims that they will not mind if there are two related price plan on rupiah redenomination.Sofyan Wanandi, Chairman of the Indonesian Employers Association (Apindo), said the dual price has to be socialized in detail to succeed the ... [Published Bisnis - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Hutama Karya eyes IDR...

JAKARTA: PT Hutama Karya is eyeing various strategic projects worth IDR2.5 trillion this year in order to achieve the contract target of IDR9.6 trillion throughout 2013.Those projects are Kuala Namu Airport access phase III valuing IDR94 billion, Kuala ... [Published Bisnis - May 23 2013]

Quotes

...consultancy firm, there are more than 16 shopping centers will be built this year in the Greater Jakarta area of 443,700 square kilometers. "Indonesia's middle class will continue to grow due to a growing economy. People purchasing power can be pumped" said Fauzi Ichsan, a senior economist of Standard Chartered Bank
...Atma Jaya Catholic University economist A Prasetyantoko said the budget should not be listed surplus at this time. "The deficit is not necessarily bad as long as it is used for stimulus, good absorption, and minimal aberrations" said Prasetyantoko
...of Travel Agents Association (Asita) North Sumatra, said handling activities such as Lake Toba Festival is not well managed by the government. "Sell the package is not the same as selling fried bananas. Event like the festival so far unable to bring tourists to the maximum" he told Bisnis, Thursday (5/23)
...Later, the same work will be done in a business to business between Poland and Balikpapan businesses. "We explore first opportunity to exchange information about the prospects of cooperation that can be done. The hope there can be a deal of businessmen of both countries" he said in The Fifth Kalimantan MiningMining Oil and Gas 2013 Exhibition, Thursday (5/23)

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AirAsia Indonesia’s Revenue Rises by 34% [Published Bisnis - May 24 2013]
Google Said to Face New Antitrust Probe on Disp... [Published Bisnis - May 24 2013]
Yuan Rises to 19-Year High on Record Fixing, Pr... [Published Bisnis - May 24 2013]
Indonesian Middle Class: Shop Till You Drop [Published Bisnis - May 23 2013]
Gov’t Insists to Ban ... [Published Bisnis - May 23 2013]
Govt adds debt to cover budget deficit [Published Bisnis - May 23 2013]
PLN Posts US$2,8 million Loss A Day Due To Gas ... [Published Bisnis - May 23 2013]
Lake Toba Festival fails to attract tourists [Published Bisnis - May 23 2013]
Poland to cooperate with Balikpapan on mining [Published Bisnis - May 23 2013]
Entrepreneurs is ok with dual price ahead reden... [Published Bisnis - May 23 2013]
HP Forecast Tops Estimates as Expense Cuts Coun... [Published Bisnis - May 23 2013]
Hutama Karya eyes IDR... [Published Bisnis - May 23 2013]
Sail Komodo to have ... [Published Bisnis - May 22 2013]
Hutama Karya seals IDR4.55 trillion contract in... [Published Bisnis - May 22 2013]
SKK Migas To Propose ... [Published Bisnis - May 22 2013]
Bali Demands Strict Regulation on Foreign Workers [Published Bisnis - May 22 2013]
It Needs Concrete Effort to Pursue Manufacturin... [Published Bisnis - May 22 2013]
Cabotage Implementation May Reduce Oil and Gas ... [Published Bisnis - May 22 2013]
Islamic Fashion Fair will be held on May 30 [Published Bisnis - May 22 2013]
PTPN XII replants rub... [Published Bisnis - May 22 2013]
IFC plans to invest US$500 million in 2014 [Published Bisnis - May 21 2013]
Indonesia-Papua New G... [Published Bisnis - May 21 2013]
High Hopes for Chatib Basri [Published Bisnis - May 21 2013]
Freeport Suspends Mining Operations to Focus on... [Published Bisnis - May 21 2013]
SNI for weaving to implement next year [Published Bisnis - May 21 2013]
Total killed at Freeport reach 17 people [Published Bisnis - May 20 2013]
Steel Industry targeted growth by 10% in Q2 [Published Bisnis - May 20 2013]
First Pertamina-PPT P... [Published Bisnis - May 20 2013]
Pertamina Applies EOR Technology in Block-2 Sudan [Published Bisnis - May 20 2013]
Bank Indonesia Sets Debut Rupiah Fixing Stronge... [Published Bisnis - May 20 2013]
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