Indonesian Political, Business & Finance News

Archive: 31 December 2010

6 articles found

Indonesia to soon issue new underground mining rules

JAKARTA Dec 30 (Reuters) - Indonesia will soon issue regulations to allow underground mining in protected forests, the government said on Thursday, a move likely to attract more investment but alarm green groups.

Investments in Indonesia's mining sector beyond target: official

JAKARTA, Dec. 30 (Xinhua) -- A senior official of Indonesian Energy and Mineral Resources Ministry said that the total investment in the country's mineral and coal mining sector in 2010 was 2.28 billion U.S. dollars, surpassing the ministry's target initially set at 2.119 billion U.S.

Mining Investment Targeted to be US$ 2.2 Billion

TEMPO Interactive, Jakarta:The Energy and Mineral Resources Ministry has projected a US$ 2.2 billion increase in mineral and coal investments next year, an increase from this year’s target of US$ 2.11 billion.The target has been increased in line with plans to increase mineral and coal production.

RI seeking to join world`s major economies club

Bogor, West Java (ANTARA News) - Indonesia is expecting to become one of the world`s ten biggest economies in 2025 with its gross domestic product expected to reach US$3.7 to 4.7 trillion and the per capita income at US$12,000.

HK allocates US$50 billion for investment in RI

Jakarta (ANTARA News) - The Hong Kong government has allocated US$50 billion for its investment in Indonesia until next year, an Indonesian diplomat said here."Indonesia must be able to provide various facilities so that the investment funds will not go to other countries instead," Teguh...

Indonesia Targeting $8.4b From Foreign Tourists in 2011

Indonesia expects to earn $8.4 billion in tourism revenue next year, up from $7.6 billion this year, according to Tourism Minister Jero Wacik.Total foreign arrivals are expected to increase to as many as 7.7 million next year from 7 million tourists this year, he said in Jakarta on Thursday.