Indonesian Political, Business & Finance News

Archive: 27 August 2010

5 articles found

Indonesia and Singapore: model of inter-dependence?

Indonesia is the sleeping giant of South East Asia. With a population of 288 million, a land mass the size of Mexico and territorial waters that could fill half of China, it’s an immense country and a regional power within the geopolitical organization known as ASEAN (the Association of South...

Draft Law to Promote Clean Energy Gathering Steam

This is a great move on behave of the energy minister, but a 5 percent tax cut over 6 years alone will not defeat the big dirty oil and coal industries. And if indonesia decides to exhaust all its remaining oil and coal, while shifting to cleaner renewables, there will still be disastrous impacts...

Factory Exports Near Pre-Crisis Levels: Govt

Jakarta. The value of major manufactured exports jumped dramatically in the first half of the year, and the full-year totals could equal those seen in 2008, before the global financial crisis sent the world economy into a tailspin, a senior government trade official said on Thursday.

RI's forex reserves rise sharply

Mataram, W Nusa Tenggara (ANTARA News) - Indonesia`s foreign exchange reserves rose significantly in recent months, suggesting that the domestic economy continued to expand at a robust pace, a central bank official said on Thursday.

RI's textile, textile product exports up 17.4 pct

Jakarta (ANTARA News) - Indonesia`s textile and textile product exports grew by 17.4 percent in the first semester of this year, Deputy Trade Minister Mahendra Siregar said here on Thursday.He said the country`s exports of textile and textile products reached US$4.95 billion in the period.