Visa records almost 90% increase in card transactionsAndi Haswidi, The Jakarta Post, JakartaIncreasing numbers of people appear to be moving away from cash and turning to plastic.Visa Indonesia announced Thursday that the total value of transactions made using Visa electronic cards grew by 89.

Govt wants quid pro quo for risk guaranteesUrip Hudiono, The Jakarta Post, JakartaThe government, in return for agreeing to provide loan guarantees for major infrastructure projects, will expect investors to deliver the projects on time and to fulfill their output targets.

GE pinning high hopes on Indonesian economyBenget Simbolon Tnb., The Jakarta Post, JakartaDespite Indonesia having yet to fully recover from the financial crisis, and bedeviled by seemingly intractable problems with the legal system and bureaucracy, giant multinational General Electric still has...

Four private firms win CPO auctionJakarta (ANTARA News) - Four private companies have won a crude palm oil (CPO) sales bid which was held at the joint marketing office of PT Perkebunan Nusantara (PTPN) plantation company on Thursday, a PTPN official said.