Indonesian Political, Business & Finance News

Archive: 24 November 2006

7 articles found

Macquarie to finance Indonesian toll road project

ho hum, you say. aussie bank invests in indonesian toll roads. but wait: the very same day, they announce a major move into a gambling cash cow in Europe ... which means, of course, that indoensian toll roads will be at least partly financed from the proceeds of gambling!!will this mean that these...

Economy to grow at least 6% in 2007, say ANZ, StanChart

The economy is expected to expand by 6 percent next year on the back of continued strong consumption and exports of selected commodities, economists say.Rising domestic demand will keep consumption robust, backed by declining inflation and interest rates -- the main ingredients for spurring...

No investment without big changes: U.S. envoy

As long as Indonesia is unable to fix its corrupt bureaucratic and legal system, the country will find it difficult to attract foreign investment from the U.S. or other countries, the U.S. envoy here says.Ambassador B. Lynn Pascoe said in Jakarta on Wednesday that the meeting between U.S.

Banking sector problems could undermine macro recovery: BI

The central bank sees Indonesia's economy picking up further next year as both inflation and interest rates continue their downward trend, but warned that problems in the banking sector could undermine all the recent gains in macroeconomic stability.

Macquarie to finance Indonesian toll road project

Jakarta (ANTARA News/Asia Pulse) - Australia's Macquarie Group has agreed to provide a Rp6.6 trillion (US$733 million) loan to build the Solo-Ngawi-Kertosono toll road project.Head of Toll Road Regulatory Body (BPJT) Hisnu Pawenang said Macquarie may provide a long term loan with guarantee in the...

economy to grow by 6% as real estate sector revives

Jakarta (ANTARA News/Asia Pulse) - Indonesia's macro economy is likely to expand by six per cent in 2007, with the real estate sector showing signs of a revival and the nation's banks recording increases in lending, an observer said on Tuesday.

Exedy Corp enters Indonesia

Automotive component producer Exedy Corporation, Japan, enters Indonesia with its plan to invest USD13 million to build motorcycle component manufacturing facility in Pulogadung, Jakarta.Exedy Corporation (Japan) and Exedy Globalparts Corporation (USA) have established PT Exedy Motorcycle Indonesia...