Weekly Business

Investment
Garuda Increases Capital Spending

GARUDA Indonesia allots some US$100 million or about Rp1 trillion for 2010 capital spending. This money is used to import additional charter aircraft, to improve infrastructure and to pay for other operational costs. According to Garuda Finance Director Eddy Porwanto, the money for capital spending will be taken from the internal treasury. "We don't need to borrow money from other parties," he said at Soeka

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.