Twenty-two shoe manufacturers plan to invest $31.8 million in Indonesia this year, an official said, according to Asia Pulse.Twenty of the investors are foreign companies from China, South Korea and Taiwan, director of multifarious industries at the industry ministry Nugraha Sukmawijaya said.

PT Indofood Agri-Resources, the plantation arm of conglomerate PT Indofood, will invest up to $215 million to boost its oil palm plantations and crude palm oil (CPO) refining capacity in the next two years.

The House of Representatives on Tuesday (19/6/07) passed the new Taxation Arrangements and Procedures Law, an important step in a long-awaited process of revision of Indonesia’s three taxation laws.The law aims at creating a regulatory framework to make it easier for taxpayers to appeal official...

Shell targets more growth in Indonesian marketIka Krismantari, The Jakarta Post, JakartaSince the government opened Indonesia's downstream oil and gas business two years ago, the sector has attracted numerous new players interested in entering the market.

Indonesia to build textiles city in West JavaJakarta (ANTARA News/Asia Pulse) - The Indonesian government and private investors plan to make Majalengka in West Java a textiles city under a program to cost Rp1.7 trillion (US$190 million).

Jakarta (ANTARA News) - Indonesia needs investment of 426 bln usd between 2004 and 2009 if is to hit its poverty reduction target, according to the chairman of the government's Investment Coordinating Board, Muhammad Lutfi.