Indonesian Political, Business & Finance News

Archive: 11 May 2009

4 articles found

Airport Train Project to be Taken Over by Government

TEMPO Interactive, Jakarta:Transportation Minister Jusman Syafii Djamal said the Soekarno-Hatta Airport railway construction project will be taken over by the government if the second tender is unsuccessful. So far, he said, only one company has submitted the tender document.

Indonesia takes the lead

THOSE accustomed to regarding Indonesia as a country lagging far behind Malaysia on almost every score should think again. Recent developments, particularly in this country, suggest in two major areas – economic and political – Indonesia is way ahead of Malaysia.

Indonesia still rich in oil, gas reserves

Jakarta (ANTARA News) - Indonesia is still rich in oil and gas reserves so that it remains an attractive place for investment in the oil and gas sector, a company executive said."The oil industry prospect in Indonesia is still very good because it sits on huge oil and gas reserves which have...

Drug Sector Seeks Asean Partners for Production

The domestic pharmaceutical industry is planning to establish foreign-owned factories here to produce raw materials for medication, by cooperating with drug makers from member countries of the Association of Southeast Nations (Asean).