Indonesian Political, Business & Finance News

Archive: 26 December 2010

10 articles found

Bengkulu offers free lots for investors

The Bengkulu administration is offering land, free of charge, to investors wanting to open businesses in the province, Bengkulu Governor Agusrin Maryono Najamudin says.Agusrin said the move was expected to draw investors to Bengkulu, and thus open more job opportunities for the locals and cut the...

Crying Out for Fresh Funding, Energy Sector Eyes 58% Growth in Investment

Indonesia is wooing investors at home and abroad to spend more exploring and developing the country’s oil and gas reserves as it struggles to meet output targets.Total investment in the oil and gas industry is expected to grow 58 percent to $18.9 billion next year from an estimated $11.

Mining Investment in Indonesia Hits US$41.8 B

VIVAnews - Indonesia's revenue from energy and mineral resources in 2009 reached 24 percent of the total national income."Our mineral resources are ranked sixth worldwide but the investment climate sits on 46th," said Chief of API-IMA Martiono Hadianto in Jakarta today, Dec 23.

A Big Cake Named Indonesia

TEMPO Interactive, Jakarta:Never underestimate Indonesia. It is true that the Internet connection in Indonesia is not as good as in Singapore, Malaysia or even Vietnam. But Indonesia is a “sweet cake,” attracting big players.

Investments to Push Manufacture Products Export

TEMPO Interactive, Jakarta:Industry Minister M.S. Hidayat predicted that exported manufactured products will amount to US$ 92.26 billion next year. This will be pushed by investments in the industry and related incentives. “This is expected to push industry’s growth,” he said yesterday.

Chamber: Indonesia`s economic growth may reach 7 pct

Jakarta (ANTARA News) - The domestic economy may grow 7 percent next year if the government is able to overcome constraints to the economic growth, the Indonesian Chamber of Commerce and Industry (Kadin) said."The economic growth in 2010 is quite good.

Three investors to build hotels in Denpasar

Denpasar, Bali (ANTARA News) - Three investors are planning to build hotels in Denpasar, Bali, which are expected to overcome a shortage of 1,600 hotel rooms in the past two years, a tourism official said.

Investor to build sugar factory in Banyuwangi

Banyuwangi, E Java (ANTARA News) - An Indonesian investor had expressed his interest in building a sugar factory in the East Java district of Banyuwangi, a government official said.The investor would go ahead with his will as long as the district government could provide him with several thousand...

Madura preparing own electricity supply for industry

Bangkalan (ANTARA News) - State power firm PT PLN, Bangkalan branch, Madura, East Java, has been preparing the supply of power to industries operating at industrial sites in the western-most end of the island after the opening of the Suramadu (Surabaya-Madura) bridge.

Nickel processing plant to be built in SE Sulawesi

Kendari (ANTARA News) - The Southeast Sulawesi provincial administration established cooperation with foreign and national companies to build a nickel processing plant in the region."The cooperation is contained in a memorandum of understanding between Jilin Horoc Nonferrous Metal Group Ltd of...