Indonesian Political, Business & Finance News

Archive: 12 April 2011

6 articles found

Boediono urges investors to develop infrastructure

Boediono urges investors to develop infrastructure From: The Jakarta Post Vice president Boediono has invited foreign and domestic investors to fund the construction of infrastructure in Indonesia to help cover 70 percent of the project costs budgeted. Boediono said the government could only cover 30 percent of its national infrastructure construction target.

Government’s Increase of Beef Quota News to the Importers

Government’s Increase of Beef Quota News to the Importers From: The Jakarta Glob By Francezka Nangoy Confusion over Indonesia’s beef imports continued despite the Agriculture Ministry raising its import quota last week. The ministry said on Wednesday that it had lifted the quota of imported beef from 50,000 tons to 72,000 tons. However, neither the Indonesian Meat Importers Association (Aspidi) nor the National Meat Processors Association (Nampa) said they had not gotten word as of Monday.

Krakatau Steel Appoints Foreign Underwriter

The underwriter is ready for the IPO plan which is scheduled to take place in November. VIVAnews - PT Krakatau Steel revealed that a foreign underwriter is on the list of the projected underwriters aimed at the company's initial public offering. Earlier, the Krakatau Steel management stated that it has readied the underwriter for the IPO plan which is scheduled to take place in November.

Kadin to Prepare Three Seaweed Manufacturing Plants

TEMPO Interactive, Makassar:Zulkifli Gani Ottoh, the Deputy Chairman of the South Sulawesi Indonesian Chambers of Commerce and Industry (Kadin), said that they will build three seaweed processing plants in South Sulawesi. He hoped that the industry will maximize the seaweed produced by farmers in all South Sulawesi. Zulkifli said South Sulawesi is the region with the highest seaweed production in Indonesia. That is the reason they want to ensure its quality development.

Hatta: Development of economic corridors to start in June

Jakarta (ANTARA News) - Coordinating Minister for Economic Affairs Hatta Rajasa confirmed here on Monday the development of six special economic corridors would begin in June this year.

Heaven can wait

Jason, originally from Melbourne, who paid $130,000 for prime beachfront land on Lombok, only to find out the vendor was not the owner. Source: The Australian VISITORS to Indonesia marvel at the stunning natural beauty of Lombok, Bali's island neighbour. Many are so smitten by the lush southern landscape around Kuta that they invest on the spot. Lombok’s Kuta shares a name with Bali’s tourist drawcard and supposedly resembles the Bali of about 20 years ago.