Indonesian Political, Business & Finance News

Archive: 14 August 2008

4 articles found

Hutchinson invests US$1 bln in Indonesian telecom operations

^^^^^Problem is they only got USD 450,000,000 worth.........

Hutchinson invests US$1 bln in Indonesian telecom operations

Jakarta (ANTARA News/Asia Pulse) - PT Hutchinson CP Telecom Indonesia, as operator 3 (Three), has invested US$1 billion (Rp 9.1 trillion) in the development of its telecommunications facilities in Indonesia. Marketing director of Hutchinson Suresh Reddy said Tuesday that Indonesia is an important market for the company, especially now that its population reaches over 200 million, and it plans to become biggest operator in Indonesia next year.

14 Taiwanese investors to Explore opportunties in RI`s

Jakarta (ANTARA News) - Fourteen investors from Taiwan intend to explore the possibility of investing in the shoe industry in Indonesia, and three of them have disclosed their plan to set up shoe factories with a total production capacity of between 120,000 and 180,000 pairs monthly, a shoe industry spokesman said.

Yogyakarta Relies on Tourism

Wednesday, 13 August, 2008 | 11:37 WIB TEMPO Interactive, Jakarta: Yogyakarta has decided that the tourism sector is one way to stimulate the regional economy. “This has to be supported by good infrastructure,” said Deputy Mayor for Yogyakarta Haryadi Suyuti, on Tuesday (12/8). Haryadi said a market for arts and handicrafts will be built with the concept of ‘what to see, what to eat, and what to buy’. The market will include meeting rooms, a cafeteria, and space for art performances.