Indonesian Political, Business & Finance News

Archive: 2 May 2007

6 articles found

Construction sector gearing up for economic recovery

Following Indonesia's slow recovery from the financial crisis, growth in the country's construction sector has been lagging. Will things stay this way going forward?Ten years after the financial crisis, construction activity has not fully recovered.

April prices down 0.16 percent, statistics agency reports

Indonesia's economy appears to be shaping up well, with the latest figures showing inflation remaining well under control, which should spur more spending and investment ahead.Consumer prices actually dipped 0.

Korean firms to pour US$3 bln into 7 Indonesian energy projects

Jakarta (ANTARA News/Asia Pulse) - South Korean investors have pledged to invest around US$3.31 billion in seven Indonesian energy projects."Included amongst the projects is the development of the country's first nuclear power plant, to be built with a capacity of 1,000 megawatts," Energy and...

VP: corruption in RI declining

Jakarta (ANTARA News) - Vice President Yusuf Kalla said with many state officials having been convicted for graft, the practice of corruption in the country was declining."But although corruption is declining, it remains something forbidden," he told around 180 students of the Cipete Al Ikhlas...

Number of foreign torists visiting Indonesia increasing

Jakarta (ANTARA News) - The number of foreign tourists who arrived in Indonesia through 15 entry ports in the first quarter of 2007 was recorded at over 1 million or up by 14.21 percent from a corresponding period last year when the figure was 877,000, the country`s chief statistician said.

No need to increase CPO export tax yet: trade minister

Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said there was as yet no need to increase the export tax on crude palm oil (CPO) to countervail an increase in the domestic price of cooking oil.