Archive: 30 July 2009
8 articles found
Thu, 30 Jul 2009
Siemens Indonesia spends 8.7m euro on expansion
JAKARTA: PT Siemens Indonesia is investing 8.7 million euro this year to expand of its power-generation factory in Cilegon, Banten.The expansion includes the installation of new machines and equipment to accommodate international orders awarded by parent company Siemens AG.
Thu, 30 Jul 2009
Geothermal projects `less attractive' for investors
Poor resource data, opaque tender processes and inadequate provisions in Power Purchase Agreements (PPA), have made investors shy away from developing geothermal power plants in Indonesia, an investment officer at the International Finance Corporation (IFC) said on Wednesday.
Thu, 30 Jul 2009
Indonesia Not Ready for ASEAN-China Free Trade
TEMPO Interactive, Jakarta: Indonesia is considered to be not ready to face the effects of excise fee removal as part of the ASEAN and China free trade agreement in 2010.Deputy of the Indonesian Chamber of Commerce and Industry (Kadin) for Domestic Trade, Benny Sutrisno, said that during the last...
Thu, 30 Jul 2009
Malaysian Agriculture Minister to Prioritize Products from South Sulawesi
TEMPO Interactive, Jakarta: The Malaysian Agriculture and Agricultural Industry Minister, Dato' Noh Bin Haji Omar, is visiting South Sulawesi today (30/7) and meeting the governor Syahrul Yasin Limpo.The visit is to follow up the earlier visit of Malaysian Prime Minister, Najib Tun Rajak who said...
Thu, 30 Jul 2009
Seven ASEAN Nations to Join Batam Expo
TEMPO Interactive, Batam: The Batam Chamber of Commerce and Industry (Kadin) is holding the 2009 Batam Expo that will be attended by 7 of the 10 member countries in the Association of Southeast Asian Nations (ASEAN).
Thu, 30 Jul 2009
Exxon oil find shows Indonesia investment hurdles
GAYAM, Indonesia (Reuters) - Exxon Mobil Corp's (XOM.N) Cepu find in this poor rice-growing area of Java was meant to revive Indonesia's flagging oil output, but nearly a decade later there has been barely a trickle of oil from the huge field.
Thu, 30 Jul 2009
Jakarta Property Market Still Down, But Recovery Is Near: Consulting Firm
The local arm of the Chicago-based property consulting firm Jones Lang LaSalle said Jakarta’s residential market has yet to recover from the global economic downturn, with figures for property sales and leases down dramatically compared to last year.