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.

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. Coordinating Minister for the Economy, Hatta Rajasa, said the special team consists of the Ministry of Finance, the Coordinating Minister for the Economy, the Ministry of Industry, and the Coordinating Minister of Capital Investment (BKPM).

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 74.000 square meters with a capacity of 5000 people. The NTB Convention Centre will be built on land belonging to the Mataram provincial government of 3.3 hectares with a fund of Rp384 billion.

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 investments in thousands of hectares of farm land.

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. "We came at Najib`s invitation to discus Malaysian investment in North Sulawesi.

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 said here on Monday. "The demand for agricultural products in Asia and in the Middle East in the future will be bigger than in Europe," he said.

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. A subsidiary of HCL, one of India’s leading IT companies, HCL Technologies specializes in providing outsourced services, including engineering and research and development, remote infrastructure management and software-led IT solutions.