Jakarta (ANTARA News) -- The Capital Investment Coordinating Agency (BKPM) said five companies which in the January-February 2010 period have made an investment in oil palm plantations and palm oil industry are ready for production worth Rp953.2 billion. Head of BKPM Gita Irawan Wirjawan disclosed in Jakarta Monday that the companies consisted of four domestic investors and a foreign investor.

The World Bank has announced $400 million to help double Indonesia's geothermal energy capacity, part of a broad effort at the bank to ramp up climate change spending in the developing world. Indonesian leaders estimate the country has about 28,100 megawatts of geothermal capacity -- the equivalent of about 12 billion barrels of oil.

Having weathered the impact of the international financial crisis, the insurance industry expects steady growth in 2010. However, the landscape is shifting more quickly as some players look to boost their presence in the undervalued market, liberalization takes effect and the emergent Islamic sector moves forward.

The government expects to remove the electricity subsidy completely by as early as 2014 so that it will have more funds available to fight poverty and improve healthcare directly for the poor, a minister has said.. “We hope we can fully implement the economic tariffs for electricity by between 2014 and 2015,” Energy and Mineral Resources Minister Darwin Zahedy Saleh said in Jakarta on Monday. Darwin said that this had been part of the government’s plan.

TEMPO Interactive, Jakarta:The government has made 2011 as the year of economic growth acceleration. In that year, economic growth is predicted to reach between 6 and 6.3 percent of gross domestic product, an increase compared to the 2010 targetof around 5.5 percent.

Jakarta (ANTARA News) - The United Nations-World Tourism Organization (UN-WTO) has predicted that the tourism sector in Indonesia this year would grow by six percent. "According UN-WTO Secretary General Thaleb Rifai, the Indonesian tourism sector would grow by six percent or three points above the world`s tourism development," Promotion of Foreign Affairs Ministry of Culture and Tourism, I Gde Pitana, said here on Monday.

Jakarta (ANTARA News) - The United Nations-World Tourism Organization (UN-WTO) has predicted that the tourism sector in Indonesia this year would grow by six percent. "According UN-WTO Secretary General Thaleb Rifai, the Indonesian tourism sector would grow by six percent or three points above the world`s tourism development," Promotion of Foreign Affairs Ministry of Culture and Tourism, I Gde Pitana, said here on Monday.

Jakarta (ANTARA News) - Chief Economic Minister Hatta Rajasa said Indonesia is still considered conducive for investment by foreign investors. "Foreign investors still regard Indonesia as a conducive place for investment in portfolio, real sector as well as manufacturing. Our exports are also increasing," he said after a coordination meeting on an upcoming Asean Summit in Hanoi here on Monday.

Jakarta (ANTARA News) - The government is providing a duty-free facility for imported goods and materials for the production of electronic components this year. To improve the competitive edge of the domestic electronic component industry the government had set a budget ceiling of Rp150 billion to provide the facility, Finance Minister Sri Mulyani Indrawati said in a press statement on Monday.

Jakarta (ANTARA News) -- The Capital Investment Coordinating Agency (BKPM) said five companies which in the January-February 2010 period have made an investment in oil palm plantations and palm oil industry are ready for production worth Rp953.2 billion. Head of BKPM Gita Irawan Wirjawan disclosed in Jakarta Monday that the companies consisted of four domestic investors and a foreign investor.