Indonesian Political, Business & Finance News

Archive: 28 March 2010

3 articles found

Singapore firm to invest in Bengkulu jatropa plantation

Bengkulu (ANTARA News) - A Singapore company intends to invest Rp175 billion in a 5,000-hectare jatropa curcas plantation in Bengkulu province, a local official said. In the first stage the Singapore investor would open a 1,000-hectare plantation at Pino Raya in South Bengkulu district at a cost of Rp35 billion, Head of the Bengkulu Provincial Plantation Office Risman Sipayung said on Saturday.

Jakarta Traditional Sellers Protest Carrefour Domination

TEMPO Interactive, Jakarta: Dozens of small scale traders and street pedllers have protested on Friday (26/3) court acquittal of trade monopoly indictment against french retailer Carrefour in a rally in the capital. Traditional Traders supported by students staged a rally outside carrefour's main store in Lebak Bulus, South Jakarta unfurling banners printed with “Carrefour is a vampire to traditional traders”.

Bali Seeks US$243 Million in New Investments for 2010

Bali Looks for Investors to Build Roads and Power Plants. (3/27/2010) The provincial government of Bali is seeking Rp. 2.29 trillion (US$243.6 million) in new investments for 2010. The ambitious target for the current year is nearly twice the Rp. 1.24 trillion target Bali set for new investments in 2009. The chairman of the Bali Investment Coordinating Board (BKPM-Bali), Nyoman Surwirya Patra, told Beritabali.com that 80% of all investment in Bali for 2009 came from foreign investors.