Indonesian Political, Business & Finance News

Archive: 13 October 2010

7 articles found

Indonesia's Sept motorcycle sales rise 14 pct y/y

JAKARTA Oct 12 (Reuters) - Indonesia's motorcycle sales, an indicator of consumer demand in Southeast Asia's biggest economy, rose 14 percent from a year ago to 479,240 units in September, slower growth than seen earlier this year, industry data showed on Tuesday.

RI manufacturing industry grows by 4.3% in Q2

The Industry Ministry says that the country's manufacturing industry grew by 4.3 percent in the second quarter of the year compared to the same period last year, thanks to the steady performance of non-oil and gas manufacturing sector.Industry Minister M.S.

Other Indonesian Products in Danger

VIVAnews - Indonesia-based world's largest instant noodle manufacturer, Indofood Sukses Makmur, is under a spotlight after its famous product Indomie is alleged of containing hazardous materials. A national businessman, Rahmat Gobel, viewed that the product has been victimized from the global...

Indonesia's Indosat eyes $1.4 bln tower sale -sources

JAKARTA, Oct 12 (Reuters) - PT Indosat (ISAT.JK), Indonesia's No. 2 mobile phone provider, may sell up to 14,000 telecom towers worth about $1.4 billion in coming months, three sources with direct knowledge of the matter said on Tuesday.

Hankook to invest $1.2 bln in tyres in Indonesia

JAKARTA Oct 12 (Reuters) - South Korea's Hankook Tire (000240.KS) will invest $1.2 billion in the tyre industry in Indonesia, part of a wave of increasing Asian foreign direct investment in Southeast Asia's biggest economy.

C Sulawesi`s Tolo Bay to Become seaweed development center

Palu, Central Sulawesi (ANTARA News) - Central Sulawesi province will turn Tolo Bay into a seaweed development center, local maritime and fisheries office spokesman Hasanuddin Atjo said here on Tuesday.

Japan to develop six economic corridors in RI

Jakarta (ANTARA News) - Japan is expected to develop six economic corridors as part of its efforts to increase its investment in Indonesia, Chief Economic Minister Hatta Radjasa said.The minister said here on Tuesday that he would discuss with Japan its plan to develop the six economic corridors...