Archive: 26 November 2010
7 articles found
Fri, 26 Nov 2010
Bright Future Seen for Growth in Current Climate
Jakarta. Top executives and investment bankers are optimistic about business growth in Indonesia, particularly in the commodity and service sectors, citing strong economic fundamentals and political stability.
Fri, 26 Nov 2010
Tiga Pilar Plans $175 Million Palm Oil Expansion on Rising Global Demand
Tiga Pilar Sejahtera Food, an Indonesian producer of dried noodles, may spend $175 million to plant oil palm trees and buy a plantation company in Sumatra to tap growing demand for the commodity.Tiga Pilar will plant 15,000 hectares to 16,000 hectares of land it owns next year at a cost of as much...
Fri, 26 Nov 2010
Economy Does Not Depend on Top Companies:BI
VIVAnews - Bank Indonesia and the National Statistics Agency expect that the inflation rate can be slowed down. Should there be lower inflation rate, the Bank Indonesia (BI) Rate may have another cut, which will result in lower lending rate. Eventually, lending rate may reach its one-digit level.
Fri, 26 Nov 2010
Indonesia-Poland Trade Expected to Grow
TEMPO Interactive, Jakarta:Romuald Morawski, the Polish Trade Promotion and Investment Division chief, thinks trade between Indonesia and Poland will grow by 20 percent. However, Poland has been suffering from trade deficits because it trades more often with European countries.
Fri, 26 Nov 2010
Indonesia’s Tiga Pilar Plans $175 Million Palm Oil Expansion
PT Tiga Pilar Sejahtera Food, an Indonesian producer of dried noodles, may spend $175 million to plant oil palm trees and buy a plantation company in Sumatra to tap growing demand for the commodity.Tiga Pilar will plant 15,000 hectares to 16,000 hectares (37,000 acres to 39,500 acres) of land it...
Fri, 26 Nov 2010
Business Is Good, but Could Be Better, Says US Envoy A. Lin Neumann
US President Barack Obama’s quick trip to Indonesia last week helped cement warm ties between the two countries on a number of different levels, the new US ambassador said.But trade and investment ties, while growing, may be held back by protectionist measures that could dampen the appetite of US...
Fri, 26 Nov 2010
Cabotage principle to cause sharp drop in RI`s oil production
Jakarta (ANTARA News) - Indonesia`s oil production will drop by up to 270,000 barrels per day , if the cabotage principle is applied to foreign contractors in 2011, the country`s oil and gas industry`s regulator said.