Indonesian Political, Business & Finance News

Archive: 23 November 2010

6 articles found

Belgium Interested in Investing in Jakarta

TEMPO Interactive, Jakarta:Belgium is interested in investing in waste water management, harbor construction, and processing of clean water in Jakarta. Belgium Ambassador to Indonesia, Christiaan Tanghe, with 10 investors from Belgium, met Jakarta government representatives yesterday.

Govt to earmark Rp1.1 trillion to cover geothermal exploration risks

Jakarta (ANTARA News) - The government will earmark Rp1.162 trillion to cover the risks of a geothermal exploration project linked to a plan to construct power plants through a public-private partnership (PPP) scheme, an official said."The House of Representatives (DPR) has approved Rp1.

Downstream Palm Oil Industry Needs Incentives

TEMPO Interactive, Jakarta:The Coordinating Minister of the Economy, Hatta Rajasa, said that downstream palm oil industry needs incentives because of its high export value. “People are not motivated to build the downstream industry,” said Hatta yesterday.

Indonesia-China Breaks Record on Trade

VIVAnews - Total trade volume between China and Indonesia is targeted to reach US$40 billion by 2010.Chinese Ambassador to Indonesia, Zhang Qiyue, said the trade volume of both countries between January and October 2010 reached US$33.75 billion."It rises 53.

Reflections on topsy-turvy process of doing business

Of all the key factors hampering economic growth in Indonesia, one of the most commonly cited is the low-level of new domestic and foreign investment. Although there are many factors that contribute to investment, all firms are essentially facing difficulty obtaining business permits and licenses.

Indonesia Investment Grade in Sight, But More Work Still Needed

Jakarta. Indonesia must look beyond its sovereign debt achievements and attract foreign investment in the real economy if it wants to finally achieve an investment-grade rating next year.Although Indonesia is poised to win an upgrade to investment grade from Fitch Ratings, the agency is looking for...