Paris (ANTARA News) - PT Carrefour Indonesia, a unit of Carrefour, said Wednesday it expects negotiations for the purchase of a majority stake in retailer PT Alfa Retailindo to be completed shortly."We have just signed a memorandum of understanding for the stake purchase.

Jakarta (ANTARA News) - Senior Deputy Governor of Bank Indonesia (the central bank) Miranda Swaray Goeltom said she expected that investment in 2008 would reach Rp1,165 trillion to meet the economic growth target of more than 6 percent.

Jakarta (ANTARA News) - The Indonesian government intends to do its best to have the country`s investment rating rise to 75th from the present 135th place among the 175 countries usually surveyed by the International Finance Corporation, a minister said.

Jakarta (ANTARA News) - The government will let private enterprise enter the railway business through a railway revitalization program to be implemented in 2008-2010, Transportation Minister Jusman Syafii Damal said.

TEMPO Interactive, Jakarta: Next week the government will assign the Implementation and Monitoring Team for Investment Climate Improvements to major cities.This effort is for supporting the government's target to raise the “doing business” rating in 2009.