Indonesian Political, Business & Finance News

Archive: 14 June 2009

2 articles found

India`s TVS to expand Indonesian motorcycle factory

Jakarta (ANTARA News/Asia Pulse) - India's PT TVS Motor Company Indonesia said it will invest US$40 million this year to expand the capacity of its motorcycle plant in Indonesia. The additional investment will increase its total investment to US$90 million in its factory in Karawang, West Java, Nurlina Fatmikasari, TVS Indonesia corporate communication officer, said. She added the company plans to open marketing offices in 115 locations in 16 of the Indonesia's provinces.

Seventy Chinese bizmen to join RI investment forum

Beijing (ANTARA News) - Some 70 Chinese businessmen from 30 companies have confirmed their participation in an Indonesian Investment Forum to be held in Beijing on June 17, 2009. "At least 70 businessmen from 30 companies in China have expressed their confirmation of participation in the upcoming investment forum," Iwan S Amri, head of the Economic Implementation Function at the Indonesian embassy in Beijing, said on Saturday.