Mataram (ANTARA News/Asia Pulse) - The biggest state-owned company in Dubai, Emaar Properties LLC Dubai, has been speeding up the realization of its investment in a US$600-700 million integrated tourist zone in the Indonesian province of Central Lombok, West Nusa Tenggara.

Jakarta (ANTARA News) - Vice President Jusuf Kalla here Friday assured South Korean and Indonesian businessmen that the government was seriously fighting corruption in the country."As we all know, two days ago, the Corruption Eradication Commission (KPK) arrested a legislator at this hotel for...

Brisbane (ANTARA News) - The Indonesian consulate general in Sydney and national flag carrier Garuda Indonesia will jointly organize a tourism promotion event called "Discover Indonesia" for Australian tourism operators and mass media.

Jeddah (ANTARA News) - Dr. Ahmed Mohammed Ali, President of the Islamic Development Bank (IDB) received here last Wednesday Indonesian President`s Special Envoy for the Middle East Alwi Shihab.The IDB President was briefed on the results of the conference on "Investment opportunities in Indonesia,"...

President Susilo Bambang Yudhoyono is set to open a regional investment forum in late May, designed to attract foreign and local investors in development projects across the country.The Indonesian Regional Investment Forum, which will take place at the Ritz-Carlton in the Sudirman Central Business...

The world’s largest steelmaker Arcelor Mittal plans to team up with state-owned PT Aneka Tambang (Antam) and PT Krakatau Steel to develop mines and a steel plant at a total investment of at least US$3 billion.

A panel of speakers at the fourth Asian Mining Congress in Singapore said Indonesia was still perceived as high-risk to current and potential industry investors.There were three main points of concern raised during the discussion.

The business community on Wednesday praised the newly endorsed shipping bill, saying it would improve export and import activities and give private sector players more opportunities to engage in port and shipping businesses.