Indonesian Political, Business & Finance News

Archive: 28 August 2008

11 articles found

Middle East to Invest US$ 90 Billion

Thursday, 28 August, 2008 | 17:17 WIBTEMPO Interactive, Jakarta:The Government wants to raise US$10 billion in investments from the Middle East to fund energy and food projects, small-and-medium-sized businesses and syariah banking, the vice-chairman of the Regional Representatives Council (DPD),...

Norwegian Investor Orders 22 Boats

follow the link to http://nedbatam.com/ppbanana/ -- what the hell is a "Laptop Bar"???

Norwegian Investor Orders 22 Boats

Originally Posted By: chewwyUKI wonder if the girls in Batam entered in to the decision making process? the gals at Lucy's Oar House certainly did.The Oar House is famous for its collection of oars.http://www.nedbatam.com/oarhouse/

Norwegian Investor Orders 22 Boats

I wonder if the girls in Batam entered in to the decision making process?

Kadin: high borrowing cost shackles industry growth

The Indonesian Chamber of Commerce and Industry (Kadin) reported Wednesday that the growth of the manufacturing industry in the first half of the year was shackled by high borrowing cost and high dependency over imports.

Govt to maintain policy on used machinery imports

Jakarta (ANTARA News) - The government decided to maintain its policy of allowing limited imports of used machinery to give a chance to less developed industries to grow, a senior official said.Director General of Textile, Machinery, and Metal Industries of the Industry Ministry, Anshari Bukhari,...

PLN must save Rp6.2 trillion in 2009

Jakarta (ANTARA News) - State-owned electricity company PT PLN, based on the 2009 Draft State Budget, is required to save some Rp6.2 trillion in 2009, a senior official said."PLN is asked to carry out an efficiency drive so that it would save a total of up to Rp6.

Govt suggested to dissolve oil/gas regulating body

Jakarta (ANTARA News) - Oil expert Dr Kurtubi said that it would be better for the government to dissolve the Upstream Oil and Gas Regulating Body (BP Migas) because there was no control on its performance.

Maybank says Indonesia an important market

Kuala Lumpur (ANTARA News) - Indonesia is still an important market for Maybank despite rampant changes in the country`s financial policy, the bank`s president and chief executive officer Abdul Wahid Omar said.

Indonesia Not Experiencing Food Crisis Says Agriculture Department

Thursday, 28 August, 2008 | 00:03 WIBTEMPO Interactive, Jakarta: Achmad Suryana, Head of the Food Security Board at the Agriculture Department, said yesterday (26/8) that currently Indonesia is not experiencing a food crisis as energy and protein supplies are sufficient for national needs.

Norwegian Investor Orders 22 Boats

Thursday, 28 August, 2008 | 09:44 WIBTEMPO Interactive, Batam: A Norwegian investor ordered 22 boats worth US$370 million (US$30 million per unit) from Batam. Batam was chosen as it has a more reasonable price than Japan.