Indonesian Political, Business & Finance News

Archive: 6 February 2010

3 articles found

GINSI urges govt to impose import duties on Chinese products

Jakarta (ANTARA News) - The Association of Indonesian Exporters (GINSI) has reminded the government to keep imposing import duties on various Chinese products, although the ASEAN-China Free Trade Area (ACFTA) had taken effects of January 1, 2010.

Govt seriously tackling infrastructure problems under ACFTA

Medan, N Sumatra (ANTARA News) - The government is seriously tackling damaged roads and electricity shortages to enable local industries and SMEs to face the implications of the ASEAN-China Free Trade Area (ACFTA), a trade ministry official said. "Infrastructure problems remain something of concern to us. They have even triggered inordinate increases in production costs in the country. Therefore, the government will focus its attention on this sector," Gusmardi Gustami said Friday.

Russian bizmen interested in Indonesia`s mining sector

Jakarta (ANTARA News) - Indonesian Ambassador to Russia Awaluddin Hamid said some Russian investors were interested in investing in Indonesia`s mining sector. "Some Russian businessmen are interested in investing in gold and coal mining," Awaluddin said at the Foreign Affairs Ministry here Friday. A number of Russian entrepreneurs had joined the Russian Business Academy which had offered to cooperate with Indonesian entrepreneurs to run mining ventures, Awaluddin said.