Indonesian Political, Business & Finance News

Archive: 3 November 2007

3 articles found

Thai investment in Indonesia

From a regional laggard, Indonesia has turned into a tremendous growth storyUMESH PANDEYAs industries in Thailand continue to face heavy pressure from the strong baht against the falling US dollar, higher oil prices and an influx of goods from lower-cost producing countries like China and Vietnam,...

CPO exports to remain good until end of 2007, trade minister says

Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said she believed Indonesia`s crude palm oil exports would still be good until the end of this year although there was a decline in volume and value in September.

Jakarta raises minimum wage 8%

The Jakarta administration announced Thursday the monthly minimum wage in 2008 would go up from Rp 900,560 to Rp 972,604 (about US$107), an 8 percent increase."The decision was based on our assumption that Jakarta's economic growth will reach 6.