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INDONESIAN  COMMERCIAL NEWSLETTER
       
April 2008
List of Contents
       
FOCUS: EXTERNAL FACTORS AFFECTING INDONESIAN MACRO ECONOMY        1


INDUSTRY PROFILE:

AVIATION INDUSTRY SERVING SCHEDULED FLIGHTS IN INDONESIA        5


CHARTERED FLIGHTS        33
  • Current issue        33
  • Characteristics of chartered flights        34
  • Chartered flight airlines        34
  • Rating of airlines        38
  • High tariffs        39
  • Expansion to regular flights        41
  • Areas of competition        45
  • Conclusion and prospects        46

COMPANY PROFILE: GARUDA INDONESIA GROUP        48
  • Current issue        48
  • Aviation        48

INFRASTRUCTURE: AVIATION INFRASTRUCTURE OVERLOADED        55
  • Capacity to expand in 2009 and 2012        55
  • Flows of passengers exceeding capacity        57
  • Over use of capacity predicted        58
  • Plans to building new facilities until 2009        59
  • Setting up of ATS single provider        60
  • Progress in the development of projects        61

TOURISM: TOURISM INDUSTRY AFFECTED BY SECURITY ISSUE        63

SERVICE: AVIATION EDUCATION INADEQUATE        69

CORPORATE NEWS IN BRIEF:
  • Truba to acquire 80% of Bhumi Agung Listrikindo        73
  • Italian investor to produce steel for shipyard and offshore building in Karimun        73
  • PT Holcim to invest US$ 500 million in new cement factory        73
  • BRI top performing bank in 2007        74
  • Indomobil reports sales at US$ 666 million        74
  • PLN to buy 60% of gas from LNG terminal be build in Banten        74

ECONOMIC NEWS IN BRIEF:
  • Indonesia gains from falling rubber exports from Thailand        75
  • Business players welcome newly approved shipping law        75
  • Bill Limiting mining concession approved        75
  • Bill on Sharia bond passed into law        76
  • Govt. imposes tin production quota to cut exports        76
  • Private companies allowed to export rice        76

APPENDICES:
  • Directory of Airline service companies in Indonesia        77

ECONOMIC INDICATOR:
  • Economic Indicators        80
  • Export and import        81
  • Gross Domestic Product        82
  • Oil Price and Foreign Exchange        83
  • The Indonesian Economic Trends        84

 
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