Indonesian Political, Business & Finance News

Archive: 24 October 2009

7 articles found

Indonesia's new ministers elaborate programs

JAKARTA, Oct. 23 (Xinhua) -- Indonesia's ministers of the new cabinet inaugurated on Oct. 22 have elaborated their programs in their first 100 working days, local media reported on Friday. The Minister for Culture and Tourism Jero Wacik has set a target of cutting the "short visa on...

Pimco Says Indonesia May Win Investment Grade Rating

Oct. 23 (Bloomberg) -- Pacific Investment Management Co., which oversees $842 billion globally, said there is a “good chance” Indonesia will regain its investment grade debt rating in three to five years. Standard & Poor’s today raised the nation’s outlook to positive.

New team on economy vows to revive real sector

The new point man: Newly inaugurated Coordinating Minister for the Economy Hatta Radjasa (right) and Finance Minister Sri Mulyani Indrawati (left) chat with economic ministers (from second left) Trade Minister Mari Elka Pangestu, State Minister for National Development Planning Armida Alisjahbana,...

Darwin eyes private investment

The new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the realization of private investment in the sector through various programs andregulations.“Increasing production has been our concern and challenge.

Riau Islands to market BKK free-trade zone in Japan

The Riau Islands province administration has set up a representative office in Japan to market the Batam, Bintan and Karimun (BKK) free-trade zone.Hajime Kinoshita, former president director of PT National Panasonic Gobel Indonesia, has been appointed to lead the representative office in Osaka.

Thousands of Buyers Participate in Trade Expo

TEMPO Interactive, Jakarta:Around 90 percent of the preparations for the Trade Expo Indonesia (TEI) have been completed.“Physical and construction preparations are still being made. But it is 90 percent done,” said Hesti Indah Kresnarini, the National Export Development Agency chief, yesterday...

Yudhoyono Mulls Less Reliance on Coal

TEMPO Interactive, Jakarta: President Susilo Bambnag Yudhoyono reportedly has ordered the energy and mineral Resources Department to manage efforts to reduce energy reliance on coal in the first cabinet meeting of his last term in office.