Indonesian Political, Business & Finance News

Archive: 19 May 2007

2 articles found

Indonesia needs better investment climate to meet growth target

Jakarta (ANTARA News) - Indonesia needed to improve its investment climate and reduce its reliance of commodity exports to achieve its forecast of 6.3 percent economic growth this year, analysts warned Wednesday. Southeast Asia's largest economy grew six percent in the first quarter from a year earlier, down from 6.1 percent in the previous quarter.

“England Must Oversee Origins of Oil Palm”

“England Must Oversee Origins of Oil Palm” Friday, 18 May, 2007 | 16:50 WIB TEMPO Interactive, Jakarta: England, as the biggest palm oil importer in the world after the Netherlands, must set up tight regulations on the origins of palm oil, which is to be a bio-fuel base commodity. This is because the development of a palm oil estate is closely related to deforestation and the orangutan slaughtering.