Indonesian Political, Business & Finance News

Archive: 18 December 2010

3 articles found

Ministry to build fewer ports than planned

The Maritime Affairs and Fisheries Ministry plans to complete the construction of 12 ports next year, 28 fewer than originally planned.“This is so we can focus [our efforts] and use the available budget to the optimum,” Maritime Affairs and Fisheries Minister Fadel Muhammad said as reported by...

Indonesia cbank sees higher FDI in 2011, lower portfolio investment

JAKARTA Dec 17 (Reuters) - Indonesia's central bank deputy governor Hartadi A. Sarwono said on Friday he forecast foreign direct investment (FDI) growing to $14.4 billion next year, but saw portfolio investment falling to $8 billion.

Foreign Companies Interested in Tax Reforms Project

TEMPO Interactive, Jakarta:As many as 19 companies have expressed their interest to be involved in Indonesia’s Tax Administration Reforms Project (PINTAR). These foreign companies come from South Korea, Hong Kong and Spain.