Indonesian Political, Business & Finance News

Archive: 29 December 2010

4 articles found

Indonesia Records More of Housing Backlog

VIVAnews - The Ministry of Public Housing pointed out that housing backlog for lower middle people up until 2009 reached 7.4 million. "This year, it might be around 8.4 million, given the estimated rising demand of housing by 800 thousand and our ability to build up to 200 thousand homes per...

American Cruise Ship to Dock in Makassar

TEMPO Interactive, Makassar:Approaching the end of 2010, Makassar will receive hundreds of foreign tourists once again. The Sea Born Spirit cruise ship from the US will dock at the Soekarno-Hatta Harbor today.“About 193 foreign tourist will visit Makassar.

Property Market Looks Hot

TEMPO Interactive, Surakarta:The property market in Central Java is projected to grow rapidly next year. “I am convinced the property will grow. One of the reasons for this is an improvement in people’s purchasing power,” Adib Ajiputra, deputy chairman of the Central Java Indonesian Real...

Indonesia's Rules Complicate Oil and Gas Business

Domestic and foreign oil companies operating in Indonesia may not make huge changes in their investment next year as they are hampered by government regulations, executives claim.Oil production next year is forecast to reach 955,000 barrels per day, lower than the government’s target of 965,000...