Indonesian Political, Business & Finance News

Archive: 19 September 2010

2 articles found

Caterpillar wants to build US$500 mln plant in Indonesia

Jakarta (ANTARA News/Asia Pulse) - US heavy equipment maker Caterpillar Inc. wants to build a heavy equipment factory in Java with an investment of up to US$500 million, an Indonesian official said.It would be the first heavy equipment manufacturer in the country, Gita Wirjawan, head of the Capital...

BI: rupiah`s exchange rate still competitive

Jakarta (ANTARA News) - Bank Indonesia (BI) Governor Darmin Nasution said here on Friday that the present rupiah exchange rate was still competitive for the national economy compared to those of the currencies of neighbouring countries.