State-owned aircraft maker PT Dirgantara Indonesia (DI) said it will team up with European helicopter producer, Eurocopter, to produce helicopters to meet short term targets, Asia Pulse reported.PT DI signed a memorandum of understanding with Eurocopter on cooperation in the production of...

State telecommunication operator PT Telkom will cut the retail tariff of all of its services by an average of 20% when a government-sanctioned reduced cost-based interconnection tariff takes effect on April 1, a spokesman said."Our telephone tariff will be reduced by an average of 20%.

The government has allowed two companies to import 4,000 tons of beef from the United States for April delivery, marking the resumption of US beef import to the country, Xinhua reported Thursday (28/2/08).Like many other countries, Indonesia previously banned the import for fear of mad cow disease.

Businesses in oil-rich Middle Eastern countries are investing money into Indonesia, according to an Asia Pulse report on Friday (29/2/08).Investments are targeted at a wide range of industries, from telecommunications and utilities to property development and financial services.

Bank Indonesia (BI), will continue monitoring the rupiah exchange rate closely to prevent sharp fluctuations in the currency, deputy governor Budi Mulya told Reuters on Friday.Most Asian currencies rose on Friday after Federal Reserve Chairman Ben Bernanke signalled further interest rate cuts to...

Inflation was expected to come in at a similar rate to January’s level of 7.4%, according to a range of analysts, with prices only expected to start falling again in March with the major rice harvest.

no idea about the backers. these sort of projects, especially those involving other asian companies, seem to take an awful long time to actually be realised, if they are realised at all! upshot? don't believe anything until you see it!

Jakarta (ANTARA News) - Indonesia's trade surplus dropped to 3.48 billion dollars in January from 4.06 billion dollars in the previous month even as exports hit a new record, a senior government official said Monday.Exports rose 2 percent from December to a new all-time high of 11.

Tokyo (ANTARA News/Asia Pulse) - The Kobelco Construction Machinery Co. will relocate and expand its hydraulic shovel factory in Indonesia by October 2008 at a cost of Y500 million ($US4.83 million).The plant, run by local subsidiary PT Daya Kobelco Construction Machinery Indonesia, will be moved...

Who are the Principal financial Companies? When is engineering site work expected to begin?? Very best regards, Unbound