Indonesian Political, Business & Finance News

Archive: 23 December 2007

2 articles found

UNFCCC`S success expected to boost tourists arrivals in Bali

Denpasar (ANTARA News) - Tourism agents have expressed optimism that the number of foreign tourists visiting the resort island of Bali in the coming years will increase following the success of the United Nations Framework Convention on Climate Change (UNFCCC) in Nusa Dua. "We are absolutely optimistic that the number of foreign tourists visiting Bali will rise in the years to come," Bali tourism agent Made Supatra Karang said here on Friday.

Indonesia's FDI hits five-year high

Wednesday, December 19, 2007 AFP JAKARTA -- Actual foreign direct investment (FDI) in Indonesia reached US$10.2 billion as of mid-December, the highest since 2002, National Investment Coordinating Board chief Muhammad Lutfi said Tuesday. The figure is well up on the US$5.97 billion recorded for the whole of 2006 amid an improving investment climate that has lured Taiwanese and South Korean investors, he said. "This year's actual FDI was the highest since 2002.