Indonesian Political, Business & Finance News

Archive: 13 June 2006

6 articles found

RI, Singapore leaders to ink deals on economic zones

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RI, Singapore leaders to ink deals on economic zones

RI, Singapore leaders to ink deals on economic zones The Jakarta Post, Jakarta President Susilo Bambang Yudhoyono and Singapore Prime Minister Lee Hsien Loong are slated to sign an agreement on economic cooperation that will include arrangements for the establishment of special economic zones in Indonesian territory.

Sona Topas to Invest Rp40 Billion

Sona Topas to Invest Rp40 Billion Tuesday, 13 June, 2006 | 16:55 WIB TEMPO Interactive, Jakarta: PT Sona Topas Tourism Industry will invest Rp40 billion in order to expand duty free shops in Indonesia. Aryanto Agus Mulyo, Head of the Board of Commissioners of Sona Topas, said that the company is planning to expand a 775 square-meter duty free outlet at Ngurah Rai Airport in Bali.

Minister upbeat about industrial growth in 2006

Minister upbeat about industrial growth in 2006 Jakarta (ANTARA News) - Industry Minister Fahmi Idris said here on Monday he was optimistic the country`s industrial growth will meet the target of 7.7 percent in spite of the fact that growth in the first quarter had only reached 2.83 percent. "I am optimistic because substantial changes will happen in the second semester," he said replying to a question regarding the country`s industrial growth which was reported to be tending to decline.

Yudhoyono to discuss economic cooperation with Singaporean Premier

Yudhoyono to discuss economic cooperation with Singaporean Premier Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono is scheduled to meet Singaporean Prime Minister Lee Hsien Loong in Batam on June 25, 2006 to discuss economic cooperation between the neighboring island state and Batam and Bintan islands in Indonesia`s province of Riau islands.

World Bank prepares reconstruction program for quake victims Yogyakarta

World Bank prepares reconstruction program for quake victims Yogyakarta Yogyakarta (ANTARA News) - The World Bank will prepare US$50-60 million for funding the reconstruction program for the quake victims in Yogyakarta and Central Java. The money is meant to help the reconstruction program, Director of the World Bank office in Indonesia, Andrew Steer said after meeting Yogyakarta Governor Sri Sultan Hamengku Buwono X here on Monday.