Indonesian Political, Business & Finance News

Archive: 15 June 2010

7 articles found

Starbucks to have 20 more outlets this year

Lifestyle product retailer and the owner of franchise rights of world’s famous food and beverage (F&B) chains PT Mitra Adiperkasa (MAP) will open 20 more Starbucks Coffee Company outlets this year to cope with the surging demand for better tasting coffee in the country.

Fiscal Incentive for New Enterprises Prepared

Hatta refused to say that the future incentive to be given is deemed tax holiday.VIVAnews - The Indonesian government has yet to approve tax holiday for newly-established enterprises. A special team is going in for the issue further.

Singapore Investors to build NTB Convention Centre

TEMPO Interactive, Mataram:The West Nusa Tenggara Government has chosen PT Indosinga Invetama as a partner to build an international standard meeting hall, The NTB Convention Centre.The investor from Singapore outbid several other candidates.The meeting hall is planned to have 74.

Govt to direct agricultural investment to downstream sector

Jakarta (ANTARA News) - The Agriculture Ministry and the Investment Coordinating Board (BKPM) have agreed to direct agricultural investment to the upstream sector or processing industry.Deputy Agriculture Minister Bayu Krisnamurthi said on Monday it was now very difficult to make large-scale...

Malaysian PM, N Sulawesi gov to discuss toll road investment

Kuala Lumpur (ANTARA News) - Malaysian Prime Minister Najib Tun Razak received North Sulawesi Governor Sarundajang at his parliamentary office Monday afternoon to discuss and support Malaysian investment in building the Manado - Bitung toll road, the Bitung port, tourism and fisheries.

Asian, Mideast countries to dominate investment in RI agriculture

Jakarta (ANTARA News) - Asian and Middle East countries are predicted to dominate investment in the agricultural sector in Indonesia in the future, Deputy Agriculture Minister Bayu Krisnamurthi said.The dominance of the US and European investors in the sector meanwhile is expected to decline, he...

Indian IT Firm Eyes Indonesian Market

Indian information technology services company HCL Technologies on Monday announced plans to set up a subsidiary company in Indonesia, saying it estimated the annual market in the country for its services was about $200 million.