Indonesian Political, Business & Finance News

Archive: 19 November 2007

3 articles found

Indonesia`s Bakrie to invest US$11.1 bln on major infrastructure projects

Jakarta (ANTARA News/Asia Pulse) - PT Bakrie & Brothers (B&B)(JSX:BNBR) said it will invest Rp100 trillion (US$11.1 billion) up to 2011 in major projects including oil and gas pipeline, power generating, toll road and telecommunication projects.

Legal certainty

Letter to the editor, published by The Jakara Post:Legal certaintyI am the manager of the SE Asian division of a large international retail corporation, currently staying in Bali. This is my ninth time to visit Indonesia and I would dearly love to open and do business here.

Foreign investors invited to tap Indonesia`s oil fields

What do you guys mean? Is there a load of untapped oil reserves? If so, why can't either the Indons or foreign companies get at it? Too deep/expensive? Too much bureaucracy? or What?