Jun 2, 2006 Indonesian cement deal cracks open By Bill Guerin JAKARTA - Cemex SA de CV, the world's third-largest cement maker, and Indonesia are parting ways after a bitter, protracted contractual dispute. The Mexican cement maker's hurried departure sends another cautionary signal to the foreign investors President Susilo Bambang Yudhoyono is now trying to lure into the country.

HSBC Indonesia gets capital injection JAKARTA - The Hong Kong and Shanghai Banking Corp Ltd (HSBC) has given a capital injection of US$300 million to HSBC Indonesia to support expansion plans by its Indonesian unit. HSBC sees good prospects in Indonesia's business, which promises potential growth in the future, the chairperson of HSBC Asia Pacific Vincent Cheng said.

Dutch businessmen to invest in Indonesia Jakarta (ANTARA News) - A number of Dutch businessmen have expressed interest to invest in the infrastructure, drinking water, health equipment and financial sectors, Chief Economic Minister Boediono has said. "The Dutch businessmen have profound interest in investing in those sectors after seeing the latest economic development here," Boediono said after a meeting with Dutch Deputy Prime Minister L.J.

Hard for Industry to Reach 7.7 Percent Growth Wednesday, 31 May, 2006 | 10:08 WIB TEMPO Interactive, Jakarta: The target of industrial growth of 7.7 percent set by the Department of Industry is going to be difficult to achieve. Muhammad S. Hidayat, Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), has said up to now the government has not shown much concern regarding growth of the real sector or strengthening macro-economy stability.

HSBC expands into personal loan market The Jakarta Post, Jakarta The Hongkong and Shanghai Banking Corporation (HSBC), already well known in Indonesia as a credit card issuer, is keen to further tap Indonesia's personal loan market as shown by its latest product -- a collateral-free loan scheme for individual borrowers.