Indonesian Political, Business & Finance News

Archive: 23 December 2010

3 articles found

Hankook to build plant in Indonesia

Hankook Tire Co. Ltd. has announced it will be investing $353 million in a new passenger, bus and truck tire manufacturing plant in Bekasi, Indonesia. More than 50% of the plant’s capacity will be earmarked for the North American market.

Unfriendly to job creation

Among the poorest performance records of President Susilo Bambang Yudhoyono’s government over the past six years could be its miserable failure to make significant policy reforms in the labor and basic infrastructure sectors.

REI optimistic property sector to grow 15 pct in 2011

Jakarta (ANTARA News) - Real Estate Indonesia (REI) is optimistic the property sector will grow by up to 15 percent in 2011 compared to 10-12 percent this year."The key to the property sector`s growth for middle- and low-cost houses is in regulations and next year the problem is expected to be...