Indonesian Political, Business & Finance News

Archive: 8 December 2010

5 articles found

Indonesia the new frontier

Indonesia is on the verge of an economic take-off, powered by its huge markets and abundant natural resources.What’s remarkable is that this paradigm shift has been effected largely through the republic’s political transformation from centralised authoritarianism to today’s decentralised...

Carrefour Indonesia Bets on SMEs to Gain Better Foothold in Brisk Market

Jakarta. Carrefour Indonesia is banking on small- and medium-sized suppliers to expand its range of products in an attempt to attract more customers in Southeast Asia’s largest economy.“We are giving as many opportunities as possible for small and medium enterprise owners [or SMEs] to have...

Foreign Shareholders Reject Newmont Court Finding

Jakarta. The battle over share ownership in Newmont Nusa Tenggara (NNT), a local unit of US mining giant Newmont, continued to heat up as the company announced its foreign shareholders have filed an appeal over a recent court ruling.

South Solok`s geothermal potential to be exploited in 2011

Padang, West Sumatra (ANTARA News) - South Solok Regent Muzni Zakaria said the people of the regency will be comprehensively familiarized with the exploitation of a geothermal potential in Pinang Awan, Pauh Duo, starting in January 2011.

Investment-grade status still some way off for Indonesia

Indonesia has made significant strides towards building the political institutions necessary for the country to achieve investment-grade status, according to Standard & Poor’s. But, unfortunately for more sanguine investors and the country’s policymakers, it is not there yet.