Indonesian Political, Business & Finance News

Archive: 22 April 2008

3 articles found

Banks still avoid textile, property sectors: BI

Aditya Suharmoko, The Jakarta Post/Jakarta Despite healthy growth in bank lending during the first quarter this year, Indonesian banks have been reluctant to lend to the process manufacturing industry and property sector, a BI survey says.

Crude price hikes affect investment in RI, BKPM says

Jakarta (ANTARA News) - The crude price hike which happened to reach US$117 per barrel is expected to discourage investors to realize their investments in Indonesia, investment agency chief said."Investors will recalculate their investments if prices are now surging," Capital Investment...

S'pore businesses ask Jakarta to improve roads, bureaucracy

The Singapore Chinese Chamber of Commerce and Industry (SCCCI) aired complaints Monday to the Jakarta administration regarding business hurdles it faced in the capital.Jakarta Governor Fauzi Bowo said the organization was concerned about frequent floods and chronic traffic jams that had disrupted...