Indonesian Political, Business & Finance News

Archive: 21 November 2010

6 articles found

Airlines Want Government to Limit Air Deregulation

TEMPO Interactive, Jakarta:Domestic airline operators are demanding that the government limit air liberalization, which will be in line with ASEAN Open Sky in 2015. The concern is that liberalization will have a negative impact on the national aviation industry.

Electronic good imports increase sharply

Jakarta (ANTARA News) - Indonesia`s imports of electronic goods in the January - October 2010 period sharply increased to US$3.2 billion compared with that in the same period in 2009 which stood at US$1.8 billion, a deputy minister said.

Indonesia govt hopes capital inflows to help country`s economy

Jakarta (ANTARA News) - Indonesia hopes the current foreign capital inflows could be used to help the country`s economy."The government welcomes the capital inflows to Indonesia and we will direct them to productive sectors to help grow the economy," Finance Minister Agus Martowardoyo...

Lippo Group exploring investment possibilities in Maluku

Ambon, Maluku (ANTARA News) - One of Indonesia`s conglomerates, Lippo Group, is exploring investment possibilities in various fields in Maluku, a provincial investment official said.The group`s vice president, James Riyadi, met Maluku Governor Karel Albert Ralahalu on Wednesday night to obtain...

Mt Merapi eruptions cause huge economic losses

Yogyakarta (ANTARA News) - The fatal eruptions of Mount Merapi have claimed several hundreds of lives and crippled the people`s economy in the volcanic disaster-hit areas.The Mount Merapi`s deadly eruptions that occurred on October 26 and November 5 were expected to have caused economic losses with...

Russian investment in RI projected to reach US$7 billion

Jakarta (ANTARA News) - Russian investment in Indonesia may increase to five to seven billion US dollars in the years to come, Russian ambassador to Indonesia Alexander Ivanov said here on Friday.He said Russia`s total investment in Indonesia was at present recorded at more than US$1 billion.