Indonesian Political, Business & Finance News

Archive: 9 February 2007

3 articles found

Manufacturing 'needs Rp 30.9t' in investment to create 1.5m jobs

Indonesia's manufacturing industry will need at least Rp 30.9 trillion (US$3.3 billion) in new investment to absorb 1.5 million workers in the coming three years."According to the Central Bureau of Statistics, the manufacturing industry will need total investment of Rp 8.6 trillion in 2007, Rp 10.

Indonesian-Malaysian team to bid for Jakarta toll road project

Jakarta (ANTARA News/Asia Pulse) - State-owned toll road building company PT Jasa Marga said it will team up with PT Astratel and Malaysia's Cahaya Mata Serawak Bhd in a tender for the construction of a toll road in Jakarta.

WB blacklists 40 Indonesian firms

The World Bank has banned 40 Indonesian firms and 29 individuals from participating in its projects for between 1 and 5 years due to their alleged involvement in fraud and corruption, the bank said in its latest report Wednesday.