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INDONESIAN SHIPPING FIRM PELNI REPORTS LARGER LOSSES IN 2006.(Financial report)

Publication: AsiaPulse News

Publication Date: 28-FEB-07
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COPYRIGHT 2007 Asia Pulse Pty Ltd

JAKARTA, Feb 28 Asia Pulse - Losses suffered by state-owned shipping company PT Pelni swelled by almost 29 per cent to Rp172.39 billion (US$19 million) in 2006 from Rp133.94 billion in the previous year.

Growing number of budget airlines serving domestic flights since 2002 has encouraged more people to...

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