Indonesian Political, Business & Finance News

Archive: 6 December 2007

4 articles found

Global economic slowdown may hurt Indonesia, economists say

A global economic slowdown, affected by high oil prices and the weakening U.S. economy, may cause Indonesia's economy to plateau at 6.3 percent growth next year, speakers at a seminar on the economic outlook say.

Govt finalizing 'land capping' scheme

The government is finalizing a new scheme to determine the maximum cost of land acquisitions (or clearance) in major infrastructure projects, an issue noted as being one of the main causes of delays in getting projects under way.

Komatsu Indonesia to invest $100m for expansion, research

PT Komatsu Indonesia, a subsidiary of Japan-based heavy machinery manufacturer Komatsu Ltd., plans to invest some US$100 million over the next three years for expansion and research.Vice president Nokiaki Tomimuro said here Wednesday the additional investment was needed to expand production and...

Mideast bizmen keen to invest in Indonesia, banker says

Jakarta (ANTARA News) - Middle Eastern businessmen are keen to invest in Indonesia without any hidden agenda, the chairman of the Indonesian Syaria Bank Association (Asbisindo), M Riawan Amin, said here Thursday.