Indonesian Political, Business & Finance News

Archive: 8 January 2011

3 articles found

Government Remains Cautious Over Foreign Investment in Mining Sector

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Government Remains Cautious Over Foreign Investment in Mining Sector

The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors turn to Indonesia to capitalize on possible increases in global commodities, an Energy Ministry official said.

Faced With Skyrocketing Food Prices, Indonesian Govt to Speed Up Work on Food Estate

The government has pledged to speed up development of a large-scale food production area and curb farmland conversion in a bid to slow rising food prices.“We will go all out in tackling this problem. Last year, the food estate development encountered several problems related to spatial planning,...