Publicly listed palm oil firm PT Sinar Mas Agro Resources and Technology (SMART) will spend Rp 920b (US$92m) in capital expenditure this year. Smart director Jimmy Pramono said after a shareholders' meeting on Monday that the company was planning to build three new processing plants this year with a total investment of Rp 390 billion. He elaborated that one plant would be located in Kalimantan with a total capacity of 180,000 tons a year.

Aditya Suharmoko, The Jakarta Post, Jakarta Indonesia’s economy in the next six months will be supported by strong consumption and more investment, acting Coordinating Minister for the Economy Sri Mulyani Indrawati says. “Investment is forecast to recover in the second and third quarters, along with increasing confidence as seen from the (recent) rise in market capitalization,” Mulyani said Monday.

Infrastructure in Indonesia remains a crucial problem hampering growth, the government admitted recently in response to an assessment conducted by the Swiss-based International Institute for Management Development (IMD). “Infrastructure is still [the government’s] imperative, although overall it has improved,” said Bambang Susantono, the deputy to the coordinating minister for the economy, in charge of infrastructure, on Monday.

Aditya Suharmoko, The Jakarta Post, Jakarta Investment is estimated to recover in the second and third quarters of this year, as indicated by the recent increases in capital inflows, Finance Minister Sri Mulyani Indrawati said Monday. "Investment, which in the first quarter only rose 3.5 percent, is estimated to recover in the second and third quarters," she said.

Magda Safrina , Massachusetts Indonesia, the "Emerald of the Equator". That's the latest Indonesian tourism campaign, launched early in 2009. The tale of the land of Gods and Goddesses; the tale of islands with singing coconut trees; or the tale of sailors in the Phinisi - these are common tales told by parents to their children across Indonesia.

From The Jakarta Globe Agriculture Ministry Finally Releases Imported Meat Held at Port by Dian Ariffahmi The Agriculture Ministry on Monday instructed quarantine officials to release more than 100 containers of imported meat that had been held at the Tanjung Priok port for nearly three weeks, reversing an earlier order claiming the meat was not halal.

TEMPO Interactive, Jakarta:The Health Department has determined that the label international on hospitals must be based on the value of foreign investment in the hospital concerned. The Health Department’s Medical Services Management Directorate General secretary, Mulya Hasmi, said hospitals having 35 percent of their assets as foreign investment would be categorized as international.