Indonesian Political, Business & Finance News

Archive: 5 October 2009

6 articles found

GE sees Indonesia as regional locomotive assembly hub

General Electric is considering making Indonesia its assembly hub for locomotives for the Asia market, hoping to capitalize on the rising demand in the country and other countries in the region.CEO Jeffrey Immelt said last week that the assembly plant would be developed in cooperation with local...

Eyeing investment opportunities in Palu

Ruslan Sangadji, The Jakarta Post, Palu Palu, the capital of Central Sulawesi, which commemorated its 31st anniversary on Sept. 27, is still relatively young for a city. So much so, that it has had to set up various development programs not to be left behind other cities in Indonesia.

New Energy Minister Should be a Professional

TEMPO Interactive, Jakarta: The position of the Energy and Mineral Resources Minister in the future cabinet should be filled by a person understanding the weaknesses of oil, gas, and mining management systems.Therefore, this new minister should be able to take action to fix it.

Commerce Chamber Seeks Intervention to Accelerate Infrastructure Projects

The Indonesian Chamber of Commerce and Industry is urging the new government to issue an emergency regulation to address the slow pace and high cost of land acquisition for public infrastructure projects.

Number of Foreign Tourists Coming to Indonesia Plummets

TEMPO Interactive, Jakarta:The number of foreign tourists coming to Indonesia in August 2009 plummeted by 5,46 percent or 566.800 compared to those in August 2008. Compared to July 2009, the number of foreign tourists in August 2009 also went down by 4,49 percent.

Crackdown on Illegal Bali Hotels and Clubs Begins

Badung Officials Start Closing and Sealing of Illegal Hotels and Nightspots in Kuta and Legian Area of Bali.Community enforcement officers have finally begun to take decisive action against Badung regency accommodation and night entertainment venues who have failed to secure required licenses and...