Indonesian Political, Business & Finance News

Archive: 21 September 2010

5 articles found

Nissan Sees Indonesia as Possible Export Base

Nissan, Japan’s third-largest automaker, believes Indonesia has the potential to become an export base as the company moves production from Japan to counter a strong yen.Nissan is investing more than $20 million at a plant in Indonesia to double capacity in the country to 100,000 vehicles a year...

Japan and Indonesia share an intimate bond

At the foot of the Argopuro mountain range in Indonesia, construction has started on a $1.2bn thermal power plant that will supply electricity to some of the most densely populated islands on Earth. PT Paiton Energy, partly owned by Mitsui & Co and the Tokyo Electric Power Company, is building...

Indonesian Trade Ministry Raises Export Target

Jakarta. After seeing non-oil-and-gas exports surge over the first seven months of the year, the Trade Ministry on Friday announced it was retargeting growth for the sector, placing it at between 16 and 18 percent for the year, well above February estimates of 7 to 8.5 percent.

Booming Demand in Indonesia for Serviced Offices

Jakarta. Jakarta’s serviced-office market is booming as more foreign companies enter Indonesia, attracting companies eager to invest in the sector.While still only a fraction of the market, the number of serviced offices on the market in central Jakarta has risen 50 percent in the past year and...

Investors most Interested in Food and Transportation Industries

TEMPO Interactive, Jakarta:Most investments in Indonesia are in transportation, service, food and beverages, machine industry and chemical industries.The Investment Coordinating Board records an investment of Rp6.164 trillion in the second quarter.This is the highest compared to other sectors.