India's TVS makes Indonesia production base in SE Asia Indian motorcycle producer TVS Motor Company has vowed to make Indonesia as its production base in Southeast Asia, with production set to begin in early 2007, a local newspaper reported Tuesday.Having invested 43 million U.S.

BI: Foreign or Local Banks May Acquire Small BanksTuesday, 03 October, 2006 | 15:12 WIBTEMPO Interactive, Jakarta: Bank Indonesia will not discriminate against local or foreign bankers in terms of buying small banks.“We can’t make a difference between (foreign or local banks).

Public Can Own Mining StocksTuesday, 03 October, 2006 | 16:44 WIBTEMPO Interactive, Jakarta: The government is exploring the plan of selling the shares of Indonesian Resources Company to the public.Roes Aryawijaya, Deputy State Enterprises Minister, explained the government will combine share...

Banks ready to disburse Yogyakarta reconstruction fundYogyakarta (ANTARA News) - Some banks in Yogyakarta special province were ready to channel the first batch of reconstruction program fund to Seloharjo village in Pundong subdistrict in Bantul district which was severely hit by earthquake last...

It's time for Indonesia to focus on the economyA'an Suryana, College Park, MarylandVice President Jusuf Kalla shared good news about the country with the American public during his recent visit to the United States: Indonesia, which was once beleaguered by economic and political crises, is now...

Indonesian construction shares up on hopes of more contractsJakarta (ANTARA News) - Construction companies' shares were higher in mid morning trade as investors expect a pickup in contracts in the fourth quarter given the government's stated intention to speed up its infrastructure rollout plans in...

Gap, Banana Republic stores to open in IndonesiaSingapore (ANTARA News) - Singapore's FJ Benjamin, a franchise partner of US specialty retailer Gap Inc, said Tuesday it plans to open 15 Gap, BabyGap and GapKids stores and five Banana Republic stores in Indonesia by 2011.

RI exports show record growthAndi Haswidi, The Jakarta Post, JakartaHigh global demand for non-oil and gas commodities, including crude palm oil, coal and rubber, has once again helped the country's total exports reach a record growth level.

3G smartphones pack in the featuresZatni Arbi, Contributor, JakartaThe new 3G W-CDMA cellphone technology is now available in a growing number of areas throughout the world, including, after some waiting, Indonesia. But not everywhere in the country.

Gap expands F J Benjamin Holdings relationship to IndonesiaSAN FRANCISCO (MarketWatch) -- Gap Inc. (GPS :The Gap, Inc.) Monday evening said it has expanded its relationship with F J Benjamin Holdings Ltd. to include Indonesia.

Banking industry needs strong medicine: BIThe Jakarta Post, JakartaComplying with the Basel II international best banking practices on minimum capital requirements and risk management is the strong medicine the industry needs to take if the system is to gain soundness, the central bank says.

Investors Anticipate Decrease in BI RateMonday, 02 October, 2006 | 20:18 WIBTEMPO Interactive, Jakarta: Analysts are predicting that investors will focus on company shares that will gain positive impacts due to the planned decrease of the Bank Indonesia (BI) RateThe analysts are convinced that the...

Mobile-8 plans to sell 19.91 pct stake in IPOJakarta (ANTARA News) - PT Mobile-8 Telecom, a CDMA-based mobile phone operator, said it plans to sell 3.9 bln shares or 19.91 pct of its enlarged capital through an initial public offering and has yet to fix the IPO price.

BPS; inflation in October to drop below two digitsJakarta (ANTARA News) - The Central Bureau of Statistics (BPS) predicts year-on-year inflation in October will drop below two digits after reaching 14.55 percent in September.

Govt should not worry about capital flight, says observerJakarta (ANTARA News) - The Indonesian government should not worry about foreign capital flight as many factors in Inonesia were still attractive to foreign investors, an observer said.