Indonesian Political, Business & Finance News

Archive: 26 November 2010

7 articles found

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.

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...

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.

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.

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...

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...

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.