Indonesian Political, Business & Finance News

Archive: 18 November 2006

6 articles found

Consumer spending drives GDP increase

Indonesia's economy appears to be on track again, growing by 5.52 percent in the third quarter ended Sept. 30 from the same period a year earlier on a revival in consumer spending and strong commodity exports, the Central Statistics Agency (BPS) reported Thursday.This is higher than the revised 5.

S'pore shipbuilders relocating to Batam

Fadli, The Jakarta Post, BatamWith Singapore restricting the growth of its shipbuilding industry due in part to environmental reasons, Batam and Karimun islands are taking advantage by attracting increasing numbers of shipbuilders from the neighboring country.

Growing commercial activity to up demand for office space

Growing commercial activity resulting from the overall improvement in the economy appears set to spur demand for office space in Jakarta.In its latest report, Jones Lang LaSalle says the demand for office space is expected to grow in line with increasing activity in such sectors as oil and gas,...

Lack of land and incentives hamper biofuel investment

Amid an ambitious government plan to develop the bioenergy sector, a lack of land for growing oil-producing crops and limited fiscal incentives pose significant obstacles to progress, a business group says.

Indonesian 3rd quarter GDP disappoints as consumption flat

Jakarta (ANTARA News) - Third quarter GDP growth was slightly below estimate partly because growth in private consumption, the largest component of the economy, remained flat, said Lim Su Sian, an economist with Singapore-based DBS.

Foreign investment in Indonesian property remains relatively

Jakarta (ANTARA News) - New investment in Indonesia's property market is still dominated by local investors, with foreign interest remaining relatively small, Jones Lang LaSalle said in its Q3 property market report.