Indonesian Political, Business & Finance News

Archive: 21 March 2011

5 articles found

Jasa Marga gears up for property business

From: The Jakarta Post, Jakarta State toll way operator PT Jasa Marga is gearing up to enter the property sector this year, and says it has prepared Rp 150 billion (US$17.1 million) for the early investment. Jasa Marga managing director Frans Setiyaki Sunito said recently the company wanted to utilize the toll roads it had constructed in developing the property business. “We’re looking for areas that can benefit from toll road gates.

Just Sitting on the Dock in the Bay, Wasting Time

Just Sitting on the Dock in the Bay, Wasting Time Tanah Ampo International Port Project in Bali Needs More Funding to Handle Large Cruise Ships. Kompas reports that both governor Made Mangku Pastika and the regent of Karangasem Wayan Geredeg share the opinion that the international port project at Tanah Ampo in East Bali is not yet a realistic port option of for large cruise ships.

Bali Agriculture at the Crossroads

Farm Lands and Agricultural Workers - Do They have a Place in Bali's Future? Each year the amount of agricultural land in Bali continues to decline with thousands of hectares converted to other purposes. Rapid growth in Bali's tourism sector is a major cause of Bali's loss of farming land.

RI forms 12 models of comprehensive economic cooperation

Makassar, S Sulawesi (ANTARA News) - Indonesia has so far signed 12 comprehensive economic cooperation agreements with other countries aimed at increasing its foreign trade, a Trade Ministry official said. The model of the 12 economic cooperation agreements was different from one another, Director of Bilateral Cooperation of the Directorate General of International Trade at the Trade Ministry Pradnyawati said here on Friday.

South Sumatra to be made into economic zone

Palembang, South Sumatra (ANTARA News) - Coordinating Minister for Economic Affairs Hatta Rajasa said Tanjung Api-api, Banyuasin, South Sumatra, will be made into a special economic zone where industries and a seaport will be built. Tanjung Api-api would become a special economic area and it has been stated in the national development planning, he said here on Saturday.