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Government Teams Up With Private Companies to Build 14 New Airports

Government Teams Up With Private Companies to Build 14 New Airports

AirportsTEMPO Interactive,Jakarta: Transportation Minister Freddy Numberi yesterday said the government is offering private companies the opportunity to develop 14 new airports that has been planned by the government for next year.President Susilo Bamb…

Craft Exports to Increase to US$ 650 Million

Craft Exports to Increase to US$ 650 Million

TEMPO Interactive, Jakarta: The Chairman of the Indonesian Crafts Community Association, Siti Suprapti, said that this year craft exports are expected to increase by 14.2 percent, or equal to US$ 650 million (Rp5.4 trillion) compared to last year.“Ou…

Susno Released from Prison Today

Susno Released from Prison Today

Comm. Gen. Pol. Susno DuadjiTEMPO Interactive, Jakarta: Comm. Gen. Pol. Susno Duadji, is scheduled to be released from prison today (19/8) to attend the LPSK Law judicial review.Susno’s lawyer, Arif Yusuf Amir, confirmed this, “Susno will attend th…

Five Banks Sign Agreement for New East Kalimantan Power Plant

Five Banks Sign Agreement for New East Kalimantan Power Plant

TEMPO Interactive, Jakarta: Five national banks signed a financing agreement for a 2 X 100 megawatt coal power plant construction in Balikpapan, East Kalimantan, worth around Rp2 trillion.Governor Awang Faroek Ishak attended the singings today (19/8) b…

Dirgantara Produces Airbus 350 Components

Dirgantara Produces Airbus 350 Components

TEMPO Interactive, Bandung: Bandung based aircraft manufacturer, Dirgantara Indonesia, will produce components for Airbus 350 wings.“The contract is valid for 5-10 years. I hope that it will be extended,” said Rakhendi Priyatna, Dirgantara Indonesi…

Blue Meteor Falls in Cirebon

Blue Meteor Falls in Cirebon

TEMPO Interactive, Cirebon: A meteor allegedly fell on an open area in Tersana Baru Sugar Factory in Babakan, Cirebon, yesterday. The strange object gave off a strong sulphuric stink and burned the grass, creating a one-meter wide holeA company staff, …

BNI Will Try to Increase Loan-to-Deposit Ratio

BNI Will Try to Increase Loan-to-Deposit Ratio

TEMPO Interactive, Jakarta: State owned bank, Bank Negara Indonesia (BNI) has said it will try to accelerate credit channeling so the ratio of credit channeling and third party funding in banks, or the loan-to-deposit ratio (LDR) could increase.This is…

The Palace Denies Using the President’s Website to Sell Cassettes

The Palace Denies Using the President’s Website to Sell Cassettes

Julian Aldrin PashaTEMPO Interactive, Jakarta:Presidential Spokesperson, Julian Aldrin Pasha, has denied that the President’s official website is used to sell CDs.“We do not intend to commercialize it,” he said when contacted by Tempo, on Wednesd…

IDX Set New High Record

IDX Set New High Record

TEMPO Interactive, Jakarta: Indonesian composite index hit the new record high above 3,100 for the first time today (19/8) settling at 3,105.35 at the end of the trade, almost amonth after breaking the 3,000 level.Index touched Rp3,107.22 at the end of…

Itochu Corporation to Build Railway in Central Kalimantan

Itochu Corporation to Build Railway in Central Kalimantan

TEMPO Interactive, Jakarta:A Japanese company, Itochu Corporation, is investing US$ 2 billion for a railway construction in Central Kalimantan.This is expected to facilitate the transportation of a number of commodities to markets, which has so far req…