Indonesian Political, Business & Finance News

Archive: 22 July 2009

7 articles found

UNWTO official: Indonesia records amazing tourism growth

Indonesia became the only country in the world that recorded growth in tourism industry during the first five months of this year, the deputy secretary general of the United Nations for the World Tourism Organizations (UNWTO) Xu Jing told reporters here on Wednesday.

Indonesia and Canada Discuss Investment Agreement

TEMPO Interactive, Jakarta: The governments of Indonesia and Canada are discussing an investment agreement during the summit of the Asia Pacific Economic Cooperation (APEC) in Singapore, July 21-22.Indonesian trade minister, Mari Elka Pangestu, said the discussions include investment protection,...

Ministry Says Plantation Overhaul Scheme a Failure

A government lending program designed to help rejuvenate the country’s plantations has so far fallen flat, an Agriculture Ministry official acknowledged on Tuesday, with critics blaming a complicated regulatory structure and high interest rates for the flop.Of the Rp 37.4 trillion ($3.

Indonesia's Bakrie sees 2010 palm output up 17 pct

JAKARTA, July 21 (Reuters) - Indonesia's PT Bakrie Sumatra Planations said on Tuesday it expects its palm oil output to rise 17 percent to 420,000 tonnes in 2010, boosted by increased output from maturing plantations.

nvestment in manufacturing sector unaffected by bombings

Investment in the manufacturing sector will remain unaffected by the two hotel bombings last week, Industry Minister Fahmi Idris said Tuesday."The bombings have had no impact [on investment in the manufacturing sector]," he said at the ministry office in Jakarta.

City, Pelindo team up to develop Tanjung Priok port

The Jakarta administration and state-owned port operator PT Pelindo II will work together to turn the congested Tanjung Priok Port in North Jakarta into an international hub, say officials.Governor Fauzi Bowo said Tuesday the development was aimed at accelerating business at the country’s biggest...

Chinese car makers eye RI

Two Chinese car maker giants are considering investing in Indonesia given the Southeast Asian country’s promising market."There are one or two investors from China [interested in investing in Indonesia]," industry ministry director general for transportation and telecommunications and...