Indonesian Political, Business & Finance News

Archive: 11 October 2011

6 articles found

Slovakia to invest $1 bn in Indonesia

Slovakia was planning to invest US$ 1 billion in Indonesia, visiting Slovakia President Ivan Gasparovic told reporters on Monday in Jakarta.He said the investment plan would be included in seven agreements due to be signed on Tuesday.

Nestle has no plans to invest $200 million in cocoa plantation

PT Nestlé Indonesia announced on Monday that the company had no plans to invest US$200 million in cocoa plantations in Indonesia. The statement was made following a news report published in www.thejakartapost.

Cocoa Giant Builds Factory in RI

TEMPO Interactive, Jakarta: A giant in the cocoa industry, Archer Daniels Midland (ADM) Cocoa, plans to build a processing plant in Indonesia."ADM has expressed its interest,” the Industry Ministry’s Food, Maritime Products and Fishery director, Faiz Ahmad, said yesterday.

Nestle to invest $200 mln in Indonesia

Jakarta (ANTARA News) - Nutrition, health and wellness company Nestle SA plans to build a cocoa processing plant in Indonesia at a cost of US$200 million to benefit from growing market in the country.Nestle's investment plan must receive support from the government because it would create more...

Tourist arrivals in Bali up 9.97 pct

Denpasar, Bali (ANTARA News) - More than 1.84 million foreign tourists visited Bali in the eight months though August 2011, up 9.97 percent from the same period a year earlier."Most of the tourists came to Bali via Ngurah Rai airport by direct flights from their countries.

Slovakian companies to invest us$1 bln in RI

Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono said that a number of private Slovakian companies want to invest US$1 billion in a number of business sectors in Indonesia.In a joint press conference with Slovakian President Ivan Gasparovic here on Monday, Yudhoyono said that the...