Indonesian Political, Business & Finance News

Archive: 14 October 2009

8 articles found

Japan to strengthen ties with ASEAN, boost investment in Indonesia

JAKARTA, Oct. 13 (Xinhua) -- Japan would strengthen its relation with ASEAN and increase investment in Indonesia, Indonesian Foreign Minister Hassan Wirajuda quoted Japanese Foreign Minister Katsuya Okada as saying on Tuesday evening here.

Builders Say Cement Prices Slowing Construction

Abuilding industry association said soaring cement prices have been seriously hampering the progress of construction projects throughout the country.“The failure [by the government] to control cement prices is deplorable, as it affects small, mid-size and large-scale contractors,” said Ahmad...

Govt sets up new site for creative surfers

Creative industries need support to grow: MinisterThe country’s emerging creative industries need support from banking and non-banking institutions to flourish, Trade Minister Mari Elka Pangestu says.

Govt sets up new site for creative surfers

The government has launched a website aimed at creative industry players and others interested in meeting in the cyber world and gaining information about the industry.“We need a database to record all creative communities. Physical meetings [between them] already exist, which is good.

Bukit Asam and Railway Company Ink Deal

TEMPO Interactive, Jakarta:PT Bukit Asam yesterday signed a long-term coal transportation agreement with state-owned railway company PTKA. The agreement included additional transport capacity from 10 million tons to 20 million tons per year for Tanjung Enim South Sumatera - Tarahan, Lampung route,...

Government to Improve Sea Transportation Facilities

TEMPO Interactive, Jakarta:The government plans to improve sea transportation facilities in some areas to develop the potential of local economies. Optimizing inter-island system of distribution is expected to strengthen and sustain the national economy.

House to revise oil, gas law

Jakarta (ANTARA News) - The House of Representatives (DPR) for the 2009 - 2014 term is planning to revise Law No. 22 / 2001 on Oil and Natural Gas because it is viewed to be no longer suitable in light of latest developments in the oil and gas industry.

Govt expects investment to begin increasing in Q3

Jakarta (ANTARA News) - The government predicts that investment in the country will begin to increase in the third quarter of 2009 and play a role in national economic growth, a cabinet minister said."Investment is expected to increase but it is likely not more than five percent," Acting...