Indonesian Political, Business & Finance News

Archive: 6 November 2007

8 articles found

Indonesian oil palm companies in line of fire

At first sight it appears to be a boy's scout camp, hidden in the forests of Sumatra. But it only takes a 50-meter stroll behind the camp to realize that the young people who have gathered there from the surrounding villages are not simply nature lovers enjoying their time in the forest, because...

Indonesia sees increasing motorcycles sales next year

Total sales of motorcycles in the country will likely increase from 4.4 million last year to 4.8 million this year and to about 5.2 million to 5.4 million next year, according to an executive."Indonesia, with a per capita income of US$1,600, will continue to see increased sales of motorcycles until...

Cash registers or alarm bells ringing for the telecoms industry?

A year isn't much in the life of a nation. But in the marketplace, it can be a lifetime. In the telecommunications market in Indonesia much has happened in the last 12 months -- and will continue to happen -- to the advantage of the consumer.

Subsidies hit biofuels development

Government fuel subsidies have hampered the development of the country's renewable energy sector, a minister said Monday.Energy and Mineral Resources Minister Purnomo Yusgiantoro said at the 2007 World Renewable Energy Regional Congress and Exhibition that growth in Indonesia's renewable energy...

Tenders for $2.5 bln in Toll Road Projects

The government plans to hold a tender for 11 toll road projects worth around Rp23 trillion ($2.53 billion) next year in a bid to boost economic growth, a public works ministry official said on Wednesday, Reuters reported.

Landmarks Boosts Investment in Bintan

Malaysian developer and leisure firm Landmarks Holdings is planning to invest a total of 4 billion ringgit ($1.20 billion) in a resort on Indonesia's Bintan island, The Edge financial daily said on Friday, citing a top company official, Reuters reported.

Bridgestone Commits to $133 Mln Expansion

Tire maker PT Bridgestone Tire Indonesia said it will make new investment of Rp1.2 trillion ($133 million) to expand its production capacity over the next three years, Asia Pulse reported on Friday (2/11/07).

Government adviced to spur energy diversification

Jakarta (ANTARA News) - The government needs to spur energy diversification in an effort to anticipate various energy problems in the future, House of Representatives (DPR) Speaker Agung Laksono said here on Monday.