Indonesian Political, Business & Finance News

Archive: 2 November 2007

6 articles found

RI hopes Panasonic to produce LCD panels

The government is hoping Japanese electronics giant Panasonic will continue to invest in Indonesia despite the closure of two of the company's factories here recently.Industry Minister Fahmi Idris said Thursday in Jakarta that he would soon send a delegation to lobby Panasonic's executive board in...

Mobile-8 reports 513% increase in net profit

PT Mobile-8 Telekom, the owner of CDMA-based mobile phone service Fren, recorded a 513 percent increase in net profit during the nine months ending Sept. 30 on the back of hefty growth in its subscriber base.The publicly listed company reported Thursday that following a 73.

Government Asked to Increase Export Destinations

TEMPO Interactive, Jakarta: The government is asked to increase the market of non-oil and gas exports due to the present sluggish exports. This is by increasing the export destination countries.This was said by economic observer, Hendri Saparini, responding to the Central Statistics Agency (BPS)...

Tourist arrivals in RI up 13 pct

Makassar, S Sulawesi (ANTARA News) - More than 2.9 million foreign tourists visited Indonesia in the first eight months of 2007, up 13.47 percent from the same period last year, a tourism official said.

Chevron Indonesia Plans to Expand Geothermal Power

Strange, I know someone very well positioned for a bit off business there!

Chevron Indonesia Plans to Expand Geothermal Power

JAKARTA - Chevron Geothermal Indonesia Ltd, a unit of Chevron Corp. plans to expand its geothermal power capacity to meet growing electricity demand in the Southeast Asian country, a company official said on Thursday.