Indonesian Political, Business & Finance News

Archive: 29 August 2006

5 articles found

Nissan to increase investment in Indonesia

Nissan to increase investment in Indonesia Jakarta (ANTARA News/Asia Pulse) - PT Nissan Motor Indonesia (NMI) said it will expand its car assembling plant in the country with an additional investment of US$50 million. The new investment is part of its plan to develop a production base for its Levina car model in the country, Teddy Irawan, deputy director of the company said.

ExxonMobil trying to expedite Cepu Block development

ExxonMobil trying to expedite Cepu Block development Jakarta (ANTARA News) - The management of ExxonMobil Oil Indonesia (EMOI) is trying hard to expedite development of the Cepu oil/gas block project in East Java to start turning out oil and gas in 2008 in compliance with the government`s request, an EMOI executive said.

Japan`s investments up 110 pct in RI

Japan`s investments up 110 pct in RI Jakarta (ANTARA News) - Japan`s investments in Indonesia in the first half of 2006 jumped 110 percent to US$650 million from the same period last year but the figure still fell short of the pre-crisis level.

Indonesia Ranked Third on Software Piracy

Indonesia Ranked Third on Software Piracy Tuesday, 29 August, 2006 | 16:57 WIB TEMPO Interactive, Jakarta: Indonesia is third with regard to software piracy compared to the previous rank of 5, President Director of Microsoft at Indonesia Tony Chen said during a press conference after meeting with President Susilo Bambang Yudhoyono yesterday (28/8). According to Tony, around 87 percent of software utilized in Indonesia are the pirated version.

Australia eyeing construction sector in Indonesia

Australia eyeing construction sector in Indonesia Jakarta (ANTARA News) - Australia is holding a development and construction exhibition, AUSBUILD 2006, in Jakarta, from August 29 to 30, 2006, to penetrate the Indonesian market. Cooperation between Indonesia and Australia in the construction sector is very potential, Australian Ambassador to Indonesia Bill Farmer said here on Tuesday.