Indonesian Political, Business & Finance News

Archive: 6 April 2006

9 articles found

Bakrie launches major new development

yes, that did occur to me too. perks of office, perhaps.

Bakrie launches major new development

It must be a new ministrial decree.

Manufacture of Machinery for Agriculture to be Prioritized

Manufacture of Machinery for Agriculture to be Prioritized Wednesday, 05 April, 2006 | 17:21 WIB TEMPO Interactive, Jakarta: The Department of Industry is to prioritize the development of manufacturing machinery for agricultural process products, including equipment for palm oil and sugar processing, construction and farming machinery. Machinery groups such as these will be developed in order to meet domestic industrial demand.

Canada intensifies its investment in Indonesia's infrastructure sector

Apr 06 01:44 Canada intensifies its investment in Indonesia's infrastructure sector Jakarta (ANTARA News) - Indonesia and Canada agreed to intensify their economic cooperation through the private sector in a bid to enhance investment in Indonesia, especially in the infrastructure sector.

Australia-RI rift 'must not spill over into economy'

Australia-RI rift 'must not spill over into economy' Benget Simbolon Tnb., The Jakarta Post, Jakarta With tension still high between Indonesia and Australia, a number of business figures have urged the government not to let it spill over into the economy as this would only do more harm than good.

Bakrie launches major new development

Bakrie launches major new development PT Bakrie Development Tbk is planning to develop an integrated business district on 44.7 hectares of land in Kuningan, South Jakarta. The company's president, Marudi Surachman, said in Jakarta on Wednesday that the development of the business district, to be called the Rasuna Epicentrum, would commence in July this year, and would cost some Rp 2 trillion (about US$210.5 million).

Government to revise decree on public procurements

Government to revise decree on public procurements The government is currently in the process of drafting a revised presidential decree on public procurements in an effort to reduce rampant corruption in the bureaucracy that has led to an inordinately high cost of doing business here, Vice President Jusuf Kalla says.

RI economic growth in first quarter 2006 predicted to reach 4.58%

Apr 06 01:17 RI economic growth in first quarter 2006 predicted to reach 4.58% Jakarta (ANTARA News) - Indonesia`s economic growth in the first quarter of 2006 will be 4.58 % or slightly higher than the 4.35 percent predicted earlier, Bank Indonesia (BI) or central bank Governor Burhanuddin Abdullah said.

RI foreign exchange reserves reach record high of US$41.1 billion

Apr 06 01:20 RI foreign exchange reserves reach record high of US$41.1 billion Jakarta (ANTARA News) - Indonesia`s foreign exchange reserves during the first three months this year reached US$41.1 billion, a figure never recorded before, Bank Indonesia (BI) Governor Burhanuddin Abdullah said. "This is the highest figure ever recorded since the founding of the republic of Indonesia," Abdulah said here on Wednesday when presenting the bank`s first quarter evaluation.