JAKARTA, Aug 16 (Reuters) - Indonesia's President SusiloBambang Yudhoyono said in an annual state of the nation speechon Monday he is optimistic of reaching a target of as much as7.7 percent GDP growth by 2014.

Indonesia. Indonesia will see its dependence on imported steel fall and its exports rise with the completion of a new state-run steel mill in 2014, a Krakatau Steel official has said.The government-owned Krakatau has formalized a $6 billion joint venture with South Korea’s Pohang Iron and Steel,...

TEMPO Interactive, Jakarta:A South-African based energy company, Sasol Synfuels International, has not decided whether to invest in Indonesia, said the Oil and Natural Gas director-general, Evita Legowo, who is also the Liquid Coal Development Team chief, yesterday.

TEMPO Interactive, Jakarta: The government has brought up plans to introduce new rate for land rate in the mining sector from a little bit above five cents to US$2, in the legislation of a new bill at the Finance Department.

Kendari, SE Sulawesi (ANTARA News) - South East Sulawesi Governor Nur Alam has told nickel mining investors to contribute US $1.5 to the regional government on every ton of nickel ore they export."Investors may extract our mineral resources but they must not forget their responsibility to...

Jakarta (ANTARA News) - The government should immediately find a solution to or a way-out of traffic congestion because it is now hampering investment, particularly in goods distribution, a chamber official said.

Denpasar, Bali (ANTARA News) - China ranked third after Australia and Japan as a source country of foreign tourists visiting Bali in the first half of 2010 with 98,258 tourists, up slightly from 97,930 a year earlier.