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The agency, which managed the electricity and gas, then dissolved on 1 January 1965. At the same time, two state-owned companies were established: Perusahaan Listrik Negara (PLN) to manage the electricity sector and Perusahaan Gas Negara (PGN) to manage the natural gas sector. PGN was officially established on 13 May 1965.
The global oil crisis of the 1970s greatly increased oil prices and thus Pertamina's profits. The company initially provided a fiscal lift to the hopes of Indonesia's development planners. For President Suharto and other members of the ruling elite, revenue from Pertamina was "an ongoing source of funding" without accountability. "They ran this ...
Hotel management contract is a written agreement between the owner and the operator of the hotel. The base of this relationship is that the operator handles the day-to-day working of the hotel and takes up all the additional responsibilities such as maintenance, front office, housekeeping, handling food and beverages and sale.
Perusahaan Perdagangan Indonesia (Indonesia Trading Company) is a nationalized company from several trading companies such as N.V. Borneo Sumatra Maatschappij (Borsumij), Internationale Crediet- en Handelsvereeniging "Rotterdam" (Internatio, one of the predecessors of Imtech), Lindeteves, and Geo Wehry.
PTG became the largest tobacco company in Africa. [9] By 2013 the PTG was trading in 27 African and Middle Eastern countries, with annual revenues in excess of $250 million. [ 10 ] The company was manufacturing cigarettes in nine African countries and had more than 20,000 employees. [ 3 ]
The brand name "Pan Pacific Hotels" was born when Japanese conglomerate Tokyu Group established its new marketing identity and sales network for its hotels in 1975, under Tokyu Hotels International. The first Pan Pacific hotel established was Sari Pan Pacific (now Sari Pacific Jakarta, Autograph Collection ) in Jakarta , which was opened in 1976.
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
' Indonesia Trading Company '), or PPI, is the only Indonesian state-owned trading house. Its business is in export , import and distribution . PPI was formed through the merger of three former so-called "Niaga" companies, state-owned trading companies PT Tjipta Niaga, PT Dharma Niaga and PT Pantja Niaga, on 31 March 2003.