Indonesian Political, Business & Finance News

Archive: 20 July 2010

2 articles found

Korean investors relocate their shoe factories to Indonesia

Jakarta (ANTARA News) - Two Korean principal shoe producers with their brands Adidas and Geox plan to build a new factory in Indonesia with a total investment of 150 million US dollars. "The two companies have shut down their plants in Vietnam and China for relocation to this country," Chairman of...

RI to become automotive production basis by 2025

Jakarta (ANTARA News) - Industry Minister MS Hidayat believed that Indonesia would achieve its target of building a firm and strong automotive production basis by 2025. "The automotive producers` enthusiasm in Indonesia is quite high.