INDONESIA PRESS-Solusi Tunas plans $147.4 mln capex for 2014 - Investor Daily

Thu May 22, 2014 9:59pm EDT

PT Solusi Tunas Pratama plans a capital expenditure of 1.7 trillion rupiah ($147.44 million) for this year to add 1,000 telecommunication towers, said CEO Nobel Tanihaha. The firm is targeting a revenue growth of 20 percent at $1 billion this year compared with last year's $840 million. (Investor Daily, Kontan)

Note: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 11530.0000 Indonesian Rupiahs) (Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.