Indonesian Political, Business & Finance News

Archive: 12 December 2007

9 articles found

Many Dutch investors shun Indonesia

Promising sources of Dutch investment end up in other Asian countries due to legal uncertainty, a Dutch-Indonesian businessmen association executive said.Chairman of the Indonesian-Netherlands Association Irwan M.

Ministry mulls legal action against party intending to sell islands

Depok, West Java (ANTARA News) - Defense Minister Juwono Sudarsono said his ministry was considering to take legal action against the party that had put out an advertisement offering to sell two Indonesian islands in West Nusa Tenggara province.

Emaar pledges to attract tourists from Middle East to Indonesia

Jakarta (ANTARA News/Asia Pulse) - Emaar International Properties LLC from Dubai pledged to draw more Middle-east tourists to Indonesia after it completes a tourist resort project in Bali's neighboring island of Lombok.

India and China Support Indonesia’s Growth

TEMPO Interactive, Jakarta: Finance Minister Sri Mulyani has stated that targeted national economic growth next year could still be above 6.8 percent despite the sluggishness of both global and United States economic growth.

Indonesia failing to cash in on mineral surge: analysts

 Originally Posted By: KuKuKaChuIndonesia failing to cash in on mineral surge: analysts Indonesia is failing to cash in on a global surge in mineral prices, with the country's confusing business environment turning off major new investment, analysts say.....

Temasek raises stake in Bank Internasional Indonesia

Singapore (ANTARA News) - State-linked investment firm Temasek Holdings said Tuesday it has raised its stake in Indonesia's sixth largest bank, PT Bank Internasional Indonesia (BII), as a result of its increased stake in Sorak Financial Holdings Pte Ltd.

Indonesia has 27,000 MW of potential geothermal energy sources

Denpasar, Bali (ANTARA News) - Indonesia has potential geothermal energy sources of 27,000 MegaWatt (MW) or 40 percent of the world`s total reserves, Energy and Mineral Resources Minister Purnomo Yusgiantoro said here on Tuesday.

RI`s rice price 30 pct higher than other countries`

Jakarta (ANTARA News) - Indonesia`s rice price is 30 percent higher than the world market price making it uncompetitive in international trading, State Logistics Agency (Bulog) Chief Mustafa Abubakar said."It will be difficult for us to export rice.

President asks private sector to develop biofuel

Nusa Dua (ANTARA News) - President of Indonesia Susilo Bambang Yudhoyono Tuesday appealed to the private sector to increase its role in developing biofuel which is environment-friendly and more economical than fossil fuel.