Indonesian Political, Business & Finance News

Archive: 14 April 2011

12 articles found

Indonesia holds expo to promote sustainable forest management

JAKARTA, (Xinhua) -- Indonesia on Thursday opened the 3rd Indogreen Forestry Expo 2011 that runs through April 17 in which Forestry Minister Zulkifli Hasan declared this year as the International Year of Forestry, a press statement said here.

Govt allocates Rp450 billion for airport railway`s land acquisition

Target completion date: AD 3400

Real Madrid to open football schools in Indonesia

JAKARTA, (Xinhua) -- Real Madrid is planning to open football schools in Indonesia in an attempt to scout local talent, a business partner of the Spanish football club said here on Tuesday.Toho Cholik Mutohir, head of Indonesian Education League (LPI), Real Madrid's Indonesian partner, said six...

Jakarta ranks 28th among world cities in 2020

From: The Jakarta Post A recent global survey shows that the world's well-off communities have ranked Jakarta as 28th among the world's top-40 major cities in 2020.The same survey, conducted by London-based property consultant Knight Frank, in cooperation with Citi Private Bank, places Jakarta at...

The Government to Negotiate with China on Inter-Regional Trade Balance

TEMPO Interactive, Jakarta:Indonesia will ask for China’s commitment to balance inter-regional trade. The government does not want any industry to decline as a result of the China ASEAN Free Trade Agreement (CAFTA).

Indonesia urges investors to develop infrastructure

JAKARTA, (Xinhua) -- Indonesian Vice President Boediono has called on foreign and domestic investors to fund the construction of infrastructure in Indonesia, helping to cover 70 percent of the project costs budgeted, local media reported here on Tuesday.

S. Korea's Daewoo plans to build power plant in Indonesia

JAKARTA, (Xinhua) -- South Korean firm Daewoo Engineering & Construction plans to build a power plant that worth 2.5 trillion rupiah (about 290 million US dollars) power plant in North Sumatra that will supply 60 megawatts of electricity to state utility provider Perusahaan Listrik Negara...

GE invests 1.2 bln USD to expands operation in Indonesia

JAKARTA, (Xinhua) - U.S.-based General Electric (GE) has allocated 1.2 billion U.S. dollars to finance its expansion outside Indonesia's key island of Java by opening a brand new office in East Kalimantan province's capital of Balikpapan, local media reported here on Wednesday.

Govt allocates Rp450 billion for airport railway`s land acquisition

Jakarta (ANTARA News) - The government has allocated Rp450 billion for the acquisition of land needed to build the Manggarai-Soekarno Hatta airport railway."The funds are available in the transportation ministry," Coordinating Minister for Economic Affairs Hatta Rajasa, said here...

Reform of Regulations ‘Key’ for Infrastructure

As many as 16 infrastructure projects are being offered to foreign investors this week at an international forum, but prospective investors say the government should focus more on fixing the regulatory framework needed to expedite existing projects.

Indonesia Must Clearly Outline China FTA Problems: Official

From: The Jakarta GlobeIndonesia needs to better define its problems with the trade imbalance with China that has reportedly left billions of dollars in deficits and harmed local industries, an official from the Trade Ministry said.

$2b Tender Set to Open For Tanjung Priok Port

by Faisal Maliki BaskoroIn a bid to improve connectivity, the government is set to open a tender to build a Rp 20 trillion ($2.3 billion) dock terminal at Tanjung Priok port, an official said at a national infrastructure forum.