“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Monday, February 18, 2008

Travel agency Destinasi to go public in March

Novia D. Rulistia, The Jakarta Post, Jakarta

After a month's delay due to the recent turmoil in domestic and global stock markets, travel-agent PT Destinasi Tirta Nusantara is slated to list its shares on the Indonesia Stock Exchange (IDX) on March 12.

"We decided to postpone the original listing schedule of Feb. 18, as we were waiting for the market to recover," Destinasi chief executive officer Satrianto Tirtawisata said.

The company's new schedule for the share offering is March 3-5.

The firm is expected to raise Rp 117 billion (US$12.5 million) in proceeds from selling 335 million shares at a price of between Rp 270 and Rp 350 per share.

Destinasi is among eight firms that will list their shares on the IDX during this year's first quarter.

According to the firm's president director, Dharma Tirtawisata, 50 percent of the proceeds would be used to open several new branches in locales in eastern Indonesia, as well as an office in Thailand.

Dharma said the remaining 25 percent of the proceeds would be used to strengthen the firm's working capital, with another 25 percent to be injected into subsidiaries.

The planned expansion, he added, was expected to help raise the firm's net profit to Rp 26 billion in 2008, up from an estimated Rp 10 billion in 2007.

Destinasi, with operations in Bali, Lombok, Yogyakarta and Jakarta, is an inbound tourism firm that brings foreign tourists to Indonesia, as well as provides them with accommodations during their stay.

Last year, the firm attracted more than 73,000 foreign tourists to Indonesia, with most of them coming from Europe.

In line with the government's ambitious Visit Indonesia Year 2008 tourist campaign Satrianto said the firm had targeted to bring in around 100,000 foreign visitors this year.

The government targets seven million foreign tourists and as much as $6.4 billion in foreign exchange income in 2008.

Last year, 5.51 million foreign tourists visited Indonesia, up by merely 13 percent from 4.87 million in 2006.

Last year's visits generated $5.3 billion in foreign exchange income, up from $4.4 billion in 2006.

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