PELINDO II Booked 41.09% Revenue Growth

  JAKARTA: PT Pelindo II pocketed IDR2.99 trillion in the first six months of 2012, rose 41.09% when compared to the same period last year. Such hike was the result of infrastructures and services improvement at 12-under management ports, said President Director RJ. Lino. “Besides bigger revenue, our earnings before tax also increased by 44.92%…

SBY concerns over the failure of South China Sea settlement

  REPUBLIKA.CO.ID, JAKARTA – Indonesia’s President Susilo Bambang Yudhoyono (SBY) is disappointed over the ASEAN ministerial summit which fails to issue joint communique on South China Sea. “As one of ASEAN countries’ leader, I am disappointed and concerned,” SBY said on Monday in Jakarta. The summit was held in Phnom Penh, Cambodia. Until Friday, the ministers…

IMB: Six Month Drop in World Piracy

  The number of pirate attacks have fallen sharply in the first half of 2012, led by a drop in Somali piracy, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report revealed today, but warned that these numbers were offset by a worrying increase of attacks in the Gulf of Guinea.…