Indonesian Political, Business & Finance News

Archive: 8 December 2006

5 articles found

VP declares "Beatiful Bali Indonesia" symbol of tourism promotion

Denpasar (ANTARA News) - Vice President M. Jusuf Kalla has ordered the Culture and Tourism Ministry and tour operators to start using "Beautiful Bali Indonesia" as the symbol of tourism promotion."Let`s start using "Beautiful Bali Indonesia" as our motto in tourism," the vice president said in a...

Govt believes foreign investment will revive in 2007

Jakarta (ANTARA News) - Indonesian Trade Minister Mari Elka Pangestu said here on Thursday she predicted that foreign investment in Indonesia would recover next year following improvement in the country`s investment climate and economic cooperation agreements with various countries.

VP: Indonesia to be world's biggest palm oil producer in 2008

Denpasar, Bali (ANTARA News) - Vice President M. Jusuf Kalla predicted on Thursday Indonesia will overtake Malaysia as the world`s biggest palm oil producer in 2008."In 2008, our palm oil production should be number one," Kalla said when opening a national seminar on oil palm here.

New resort worth US$6.58 bln to be built in Indonesia

Jakarta (ANTARA News/Asia Pulse) - Foreign investors are set to build resort projects with supporting facilities in Lagoi, North Bintan island in the province of Riau Islands worth Rp59.28 trillion (US$6.58 billion).

Local autonomy putting budget under strain, say officials

The implementation of regional autonomy and the creation of new regions has led to dramatically increased demands for funding on the central government's annual budget, an official says.Since the enactment of the 2001 Regional Autonomy Law, seven new provinces, 114 new regencies and 27 new...