2008-2009 PT Data Consult. All rights reserved.
INDONESIAN COMMERCIAL NEWSLETTER
January 2008
List of Contents
COMPANY PROFILE: ETERINDO GROUP 46
- Backgrounds 46
- Chemical industry as locomotive 46
FINANCE:
BANKS PLEDGE RP 15 TRILLION IN LOAN FOR BIOFUEL PROJECTS UNTIL 2010 51
- Rp 25 trillion needed to develop biofuel until 2010 51
- Bank mandiri and BNI the largest 52
- Bank disburse more credits for the agricultural sector 53
- State banks account for 36.7% of credits for agricultural sector 55
INDUSTRY:
PALM OIL GAINS IMPORTANCE WITH THE SOARING PRICES OF CRUDE OIL 56
- Indonesia expanding oil palm plantations 56
- Production increasing 58
- Price skyrocketing in 2007 60
- Major oil palm plantation companies in Indonesia 63
- Large Malaysian companies merged 64
- Downstream palm oil industry not yet fully developed 65
- Asian Agri invest US$ 7Large million for PKO factory 65
- Development of palm oil based biofuel industry slow 66
TRANSPORTATION:
TRANSPORT FACILITY FOR CPO EXPORTS BOT ADEQUATELY AVAILABLE 68
- Palm oil transport facilities built 68
- Port for CPO industrial cluster to be built in Dumai 69
- Government encourages development of commodity ports 70
- Sea fleet in Indonesia controlled by foreign companies 70
- Exporters in difficulties over obligation to use ships with double holds 71
CORPORATE NEWS IN BRIEF:
- Ciputra Surya receives a loan of Rp 450 billion 72
- Setdco to build oil and gas complex in Vladivostok 72
- Bakrie to launch rights issue to acquire subsidiaries 72
- Itochu to build 200 Km rail track in Central Kalimantan valued at US$ 1 billion 73
- Chingluk takes over Ailing shoe making Firm 73
- Pertamina to buy tangkers worth US$ 400 million 73
- CNOOC sells tangguh stake to Talisman 74
- State Banks set to back up PLN's crash program 74
- Carrefour to open three new hypermarket outlets this year 74
CONOMIC NEWS IN BRIEF:
- Government scraps import duty on soybean 75
- Indonesia asks for gradual lifting of aviation ban by EU 75
- Sharia Economy included in national agenda 75
- Rice production falls short of target 76
- Indonesia's coal exports predicted to reach 179 million tons 76
- Government decides to import 110,000 tons of sugar this year 76
APPENDICES:
- Directory of property and real estate 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
INDONESIAN COMMERCIAL NEWSLETTER